The Rise of 3Rs: Resilient Consumers, Retailing Convenience and Rise of Wallets

The first quarter of the year has been exciting for merchants, globally. While ACI’s recap for the 2022 holiday season indicated strong consumer optimism, despite economic headwinds, consumers remained headstrong through the first quarter of 2023. Higher consumer confidence could be seen in the 18 percent increase in transaction volumes, compounded by a 24 percent growth in transaction values.

Unlock Benefits of Shared Intelligence to Fight Back Against Fraud in 2023

Banks and merchants must find ways to fill gaps in each other’s transaction intelligence to reverse trends around ever-growing fraud, and global payment partners hold the key.

Can Payments Orchestration Help Business Sing? Here Are 10 Questions That Merchants Must Ask Themselves

Payments orchestration is the process of working with — or orchestrating — multiple payment providers, acquirers and banks to optimize customer experience and conversion, enhance cost savings, ensure regulatory compliance, improve fraud prevention processes and enable global coverage.

Can Cardholder Data be Stored Without Involving PCI Scope?

Is it possible to store cardholder data without PCI scope? The short answer is no, but that doesn’t mean you cannot store a reference to it. Let me explain.

The Current Challenges of Buy Now, Pay Later

By now, everyone has either heard about, considered using or indeed fully adopted one or more of the BNPL payment methods available to consumers. Its meteoric rise as a prominent payment method is nothing short of spectacular, but as with anything new, there is room for improvement. In this post, we look at some of the challenges BNPL has in its current format.

Why Incremental Learning Is a Gamechanger for Payments Fraud

Any innovation that helps merchants outfox fraudsters can’t come soon enough. An innovative, industry-first approach to machine learning, incremental learning represents a step change in fraud prevention. It identifies patterns earlier and more accurately, automating decisions and actions to keep merchants better protected than ever.

Data Is Evolving – Are Your Fraud Prevention Services Keeping Pace?

It’s a constant struggle – as consumer behavior evolves, so do fraud tactics, as fraudsters seek vulnerabilities exposed by rapid change. And there’s no disputing that the pandemic has changed consumer behavior and accelerated the adoption of digital payment methods.

Payments Orchestration: Music to the Ears of Merchants?

Payments orchestration is about maximizing payment conversion in the most cost effective way. It involves working with multiple payment providers, acquirers and banks to optimize the customer experience, increase conversions, ensure regulatory compliance, enhance fraud prevention and enable global payments coverage.

Amazon Prime Day: We All Love a Good Bargain… So Do Fraudsters

Each year, Amazon’s Prime Day event proves to be even more successful than the last in terms of sales volume. And this year was no exception.

Monetizing Payments Data: How Merchants Can Leverage the Power of Analytics

In the world of commerce, everything is driven by data. The information that merchants collect and analyze determines the marketing channels they use, what products they stock and which customers they focus on.

Manual Order Review: When Can Outsourcing Strengthen Your Last Line of Defense?

Manual order review (MOR) has often been referred to as the last line of defense to securing good revenue, but how does it fit into a merchant’s business? Striking the proper balance between automated fraud prevention tool(s) to allow legitimate orders to flow through, while identifying questionable ones, is a…

Merchants Don’t Need a Payments Gateway, They Need a Payments Hub

The term “payments gateway” over-simplifies what it takes to process a payment. The terminology comes from the early days of online payment processing, but has now entered the vernacular for all aspects of merchant payments, including online, mobile and in-store.