Fraud PracticeNov 5, 20211 min readKlarna Becomes Largest Private FinTech Company in Europe Following $460 Million Funding RoundKlarna, a payment company offering micro credit for online transactions like PayPal Credit, serves consumers and merchants in Europe and...
Fraud PracticeNov 5, 20211 min readNearly Four Thousand Data Breaches, Four Billion Records Compromised in First Half of 2019More than 3,800 data breaches occurred in the first half of this year, a 54 percent increase from the first half of 2018. The number of...
Fraud PracticeNov 5, 20211 min readJP Morgan to Discontinue Chase Pay for Mobile Contactless PaymentsUnable to catch up to Apple, Samsung or Google Play, Chase Pay was used by less than 10 percent of Chase cardholders in the last 90 days,...
Fraud PracticeNov 5, 20212 min readMore than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales TaxForty-two states plus the District of Columbia have laws in place, already in effect or scheduled to take effect soon, that increase the...
Fraud PracticeNov 5, 20211 min readVisa Purchases Verifi in Second Issuer Alert Acquisition of 2019Visa announced their acquisition of Verifi on June 28th, about three months after MasterCard announced their acquisition of Ethoca. Both...
Fraud PracticeNov 5, 20212 min readSecure Consumer Authentication (SCA) Required for Intra-European eCommerce Beginning SeptemberTo maintain compliance with the European Union’s Second Payment Services Directive (PSD2), merchants in Europe will have to perform...