Thursday , November 14, 2024

2.3% of Online Crime is Card Fraud And Other Digital Transactions News briefs from 7/20/22

  • Authentication provider Veriff said an analysis of Google search data, a survey of 1,000 U.S. adults, and the FBI’s Internet Crime Report 2021 data found that credit card fraud accounted for 2.3% of all reported online crimes. Phishing and its variations had the highest rate of 44.76%.
  • Payments provider Lightspeed Commerce Inc. said it has expanded its OpenTable integration to include restaurants in North America. OpenTable is an online reservation service.
  • Cova Software, a provider of point-of-sale software for cannabis dispensaries, launched digital payment processing through Cova Pay, starting with debit card acceptance.
  • Take Charge America Inc., a nonprofit specializing in financial education, issued a warning to consumers regarding the risks involved in buy now, pay later services, including the potential for late fees and interest, overspending, and absence of consumer protections.
  • Bluefin Payment Systems released a case study on the Main Squeeze Juice Co. and its use of Bluefin technology.
  • MagTek Inc. said Quantic, an omnichannel point-of-sale provider, will use its iDynamo 6 and Magensa Payment Protection Gateway.
  • United Kingdom-based BankiFi, a small business services platform, said it is expanding into the United States.
  • Bluetti, an online marketer of batteries and power stations, introduced a digital gift card.

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