News & Press

GoCardless launches open banking payments, offering businesses a new alternative to taking one-off payments

June 24, 2021

GoCardless, a leading fintech for bank-to-bank payments, has today launched Instant Bank Pay, a new open banking feature directly integrated into its global payment platform. With Instant Bank Pay, merchants can take instant, one-off bank-to-bank payments from new and existing customers while still reaping the benefits of bank debit for their recurring payments.

Read more »

Checkout.com Launches New State Of Retail Report

June 22, 2021

Checkout.com's new report reveals surge in demand for digital payments as three in four consumers say they’ll stick to their pandemic online shopping level.

Read more »

Why marketplaces must focus on frictionless customer journeys

June 16, 2021

Covid-19 caused a huge boom in eCommerce sales and a great change in customer behavior, resulting in huge opportunities for marketplaces, but optimizing the customer journey through frictionless payment experiences will be crucial to remaining relevant as competition ramps up.

Read more »

How do merchants manage the increasing interconnectivity of fraud & payments?

June 08, 2021

Around 70% of merchant fraud teams also manage payments. How do teams track payment data and fraud, what percentage of transactions are sent through 3D Secure, and what does this mean for fraud detection moving forward?

Read more »

Forter Doubles Revenue in Last 12 Months; Raises $300M for a $3B Valuation

June 02, 2021

Forter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management. Existing investors also participated including Bessemer Venture Partners, Sequoia Capital, March Capital, NewView Capital, Salesforce Ventures and Scale Venture Partners.

Read more »

MRC Advocacy Update - Voice of the Merchant

May 24, 2021

The MRC is working on many initiatives to ensure the Voice of the Merchant is represented and heard in industry discussions. We are proud to support you and have outlined some of our recent endeavours, so you are aware of our advocacy efforts and continue to engage with us.

Read more »

MRC and Auriemma Roundtables Host Merchant Issuer Collaboration Session

May 19, 2021

The MRC and Auriemma Roundtables recently hosted a collaborative session focused on the adoption and effectiveness of 3D Secure authentication and the growing challenge of first-party fraud and misuse. This session brought together card issuers and merchants to discuss differing stakeholders’ perspectives on ongoing challenges.

Read more »

Hacking & Security Measures for Merchants and Payment Processing Companies

May 13, 2021

it is recommended that organizations take an offensive approach to mitigate the payoff for a cybercriminal during a financially motivated fraud attack. This is accomplished by increasing the level of difficulty of infiltration, which causes the attacker to spend more time and resources to try and gain entry.

Read more »

APEXX Global partners with Esenda to revolutionise education fee payment process

May 06, 2021

APEXX Global, (“APEXX”), the multi-award-winning global payments platform, has partnered with Esenda, the disruptive payments company focused on independent schools, to help improve the security and efficiency of school fee payments.

Read more »

How machine learning models can outperform rule based systems

May 06, 2021

The task of detecting fraudulent online payments is a perfect use case for applying machine learning algorithms that thrive in environments where data volume is high and the characteristics of fraudulent transactions cannot be easily detected using only a handful of features. Nonetheless, many fraud prevention systems still rely on hard-coded rules engines that consolidate the aggregate knowledge of fraud experts.

Read more »