Rapid advancements in AI are bringing new opportunities to the fintech space… as well as a lot of uncertainty. As we move into 2025, we’re seeing a total reshaping of how financial services are delivered. We’re seeing innovative solutions and the disruption of traditional practices. However, the wave of change also creates a landscape where businesses face constant challenges in …
The 2024 holiday shopping bonanza broke all records. We saw consumers worldwide spend $1.2 trillion online, as revealed in a Salesforce report on Monday. $282 billion of that total came from the United States alone. However, with this surge in holiday sales, merchants should also expect a correlating increase in product returns and disputed transactions, indicating a tough Q1 2025 …
Businesses require a broad fraud prevention strategy. This means being proactive about reducing threats and protecting their income. Traditionally, North America and Europe have been prime targets for eCommerce fraud, but it’s rapidly expanding in other regions, too. The recently released Identity Fraud Report 2024 from Sumsub, for example, reveals a rapid increase in fraud in the Asia-Pacific (APAC) region, …