by Keren Moynihan | May 16, 2023 | Data, Payments
Worldwide, fraud caused $24.26 billion in losses in 2018. And in the U.S. in 2023, card-not-present transactions are expected to make up 73% of all losses to credit card fraud. And while this is certainly an alarming statistic for consumers, it’s also...
by Keren Moynihan | Jul 6, 2022 | Articles, Data
Historically, traditional banks have utilized a payment process that is time-consuming and frustrating for both payers and payees because of the transfer time and potential human errors. Hang on to your hats, there are new players in town. Fintechs, neobanks, and B2B...