News & Press
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.
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?
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.
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.
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.
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.
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.
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.
April 21, 2021
Spreedly announced that its Payments Orchestration platform was used for over 172 million revenue transactions in the first quarter of 2021 -- growth of over 100% compared to Q1 2020.
April 20, 2021
Spreedly, the provider of a secure, agnostic, and flexible platform that welcomes all payments participants, announced it has launched a new professional services organization.