News & Press

Change at the checkout: the rise of open banking payments

July 15, 2021

In this post, we’ll examine why the last twelve months have made open banking even more relevant to ecommerce retailers, the benefits it provides and how merchants can use it as a way to take payments and verify account ownership.

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Changing The Narrative: How to Use Data Breaches for User Verification

July 15, 2021

Data breaches are becoming a more frequent occurrence with criminals continuously adapting their techniques to access potentially harmful data. More accounts are at risk of being exploited than ever before, with over 6bn fake emails sent worldwide every day, and as countries globally continue to become digital - the number of breaches is only going to increase. From hacks that have affected universities to breaches that have compromised information at hospitals, the list truly is limitless. Yet, despite the warranted cause for concern from the public, merchants can in fact use data breaches to support user verification and fight back against fraudsters...

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GoCardless announces partnership with Pennylane to enable small businesses and start-ups to automate invoices, accounting and payments

July 07, 2021

GoCardless, a leading fintech in account-to-account payments, has joined forces with Pennylane, the first financial management and accounting platform designed for companies and their accountants, to offer SMEs and start-ups a seamless way to manage and collect recurring payments.

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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 » Launches New State Of Retail Report

June 22, 2021'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.

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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.

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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?

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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.

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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.

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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.

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