Tag: report
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Banks unprepared to meet ISO demand, report says
A recent report has found that many banks are unprepared to meet the demand for ISO compliance. The International Organization for Standardization (ISO) is an independent, non-governmental international organization that sets standards for a wide range of industries, including banking and financial services. Compliance with ISO standards is essential for banks to operate efficiently and…
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Neobanking market to reach 3.3 trillion by 2032, report says
The future of financial services is marking a significant shift towards neobanks, as a recent report suggests that the neobanking market is projected to reach a staggering 3.3 trillion by the year 2032. Neobanks, also known as digital banks or challenger banks, are innovative financial institutions that operate exclusively online, offering customers a range of…
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Card networks to implement gun code in California: report
According to a recent report, major card networks are set to implement a notable change regarding gun transactions in California. The aim of this initiative is to enhance safety measures and alleviate concerns surrounding gun violence. A collaboration between Mastercard, Visa, and American Express, this new implementation seeks to promote responsible gun sales across the…
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Lloyds Bank report shows a 22% increase in romance scams
Lloyds Bank Report: 22% Increase in Romance Scams Introduction Lloyds Bank, one of the leading financial institutions in the United Kingdom, has recently released a worrying report that reveals a shocking 22% surge in romance scams. This alarming rise brings to light the increasing threat posed by online fraudsters who prey on…
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BitPay report: XRP’s 42% rise in payments
BitPay, the leading blockchain payments provider, has recently released a report showing an impressive 42% rise in payments made using XRP (Ripple’s native cryptocurrency). According to BitPay’s analysis, XRP has seen a significant surge in popularity as a payment option, overshadowing many other cryptocurrencies in terms of usage. The secure and efficient nature of XRP…
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Chainalysis report shows a drop in illicit cryptocurrency transactions
Chainalysis Report Shows a Drop in Illicit Cryptocurrency Transactions Cryptocurrencies have often been associated with illicit activities due to their pseudonymous nature, making it challenging for authorities to trace and regulate transactions. However, a recent report by Chainalysis, a blockchain analysis firm, reveals a positive trend in the fight against illicit cryptocurrency transactions. Key Findings…
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Holiday shoppers spent $16.6B online using BNPL: report
Holiday shoppers spent $16.6B online using BNPL: report A recent report reveals the staggering amount of money holiday shoppers spent online through the “Buy Now, Pay Later” (BNPL) service, amounting to a whopping $16.6 billion. This surge in BNPL usage showcases the popularity and convenience it offers to consumers. What is BNPL? BNPL is a…
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Temenos report shows an increase in banking engagement for ESG issues
Temenos, the leading banking software company, has recently released its latest report which highlights a significant surge in banking engagement regarding Environmental, Social, and Governance (ESG) issues. The report indicates that banks are increasingly recognizing the importance of incorporating ESG factors into their business strategies. Over the past year, there has been a noticeable increase…
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Atlanta Fed delivers payments inclusion report
Atlanta Fed Delivers Payments Inclusion Report Date: [Insert Date] Introduction The Federal Reserve Bank of Atlanta recently released its comprehensive report on payments inclusion, shedding light on the challenges and opportunities to ensure an inclusive payments system that benefits all segments of society. The Payments Inclusion Report The report analyzes the current landscape of payment…
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The Paypers launches the Cross-Border Payments and Ecommerce Report 2023–2024
Welcome to the exciting future of cross-border payments and ecommerce! The Paypers is delighted to announce the launch of our highly anticipated “Cross-Border Payments and Ecommerce Report 2023–2024”. This comprehensive report provides invaluable insights, trends, and predictions that will shape the global landscape of payments and ecommerce over the next two years. With the rapid…
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AU10TIX’s new report shows a rise in ID fraud in the payments sector
AU10TIX’s New Report Shows a Rise in ID Fraud in the Payments Sector Introduction Recently released findings from AU10TIX’s latest report have raised concerns over an alarming increase in identity fraud within the payments sector. The report sheds light on the growing sophistication of fraudsters and underscores the urgent need for improved security measures. The…
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Stripe switches up board members: report
According to an exclusive report, leading online payment company Stripe is making significant changes on its board members. The announcement comes as the industry continues to adapt to the evolving landscape and growing customer demands. While official confirmation from Stripe is yet to be received, insiders familiar with the matter shared that the company intends…
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ACI Worldwide releases APP scam losses report
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, has recently released its comprehensive report on APP (Authorized Push Payment) scam losses. The report sheds light on the growing concern of fraudulent activities in the digital payment space and provides valuable insights into the current state of APP scams. According to…
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The Paypers launches the Fraud Prevention in Ecommerce Report 2023-2024
The Paypers Launches the Fraud Prevention in Ecommerce Report 2023-2024 The Paypers, a leading publisher in the financial and ecommerce industry, is excited to announce the release of its latest report titled “Fraud Prevention in Ecommerce Report 2023-2024”. This comprehensive report delves into the evolving landscape of fraud prevention strategies in the ecommerce sector and…
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Consumers expect to use fewer digital wallets: report
According to the latest report by XYZ Research, consumer expectations regarding the use of digital wallets are shifting, with many anticipating a decrease in their usage. This finding has significant implications for both businesses and the financial technology industry. Increasingly popular over the past few years, digital wallets provide consumers with a convenient and secure…
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Sift’s new report shows a rise in ATO-as-a-Service
Sift’s New Report Shows a Rise in ATO-as-a-Service In a recent report published by Sift, it has been revealed that there has been a significant increase in Account Takeover (ATO)-as-a-Service activities. ATO-as-a-Service refers to the provision of tools and services used by cybercriminals to execute account takeover attacks. The report highlights the alarming trend of…
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The Paypers launches the Payment Methods Report 2023
Stay ahead of the game with the latest insights on payment methods! Welcome to The Paypers’ Payment Methods Report 2023 The Paypers, a leading source of news and analysis in the global payment industry, is thrilled to announce the launch of our highly anticipated Payment Methods Report 2023. As the financial…
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BNY Mellon and Datos Insights release report that shows growth of real-time payments
New York, NY – October 15th, 2022 – BNY Mellon, a leading global investment management company, has joined forces with Datos Insights, a prominent research firm, to publish a comprehensive report indicating a significant increase in the adoption and growth of real-time payments within the global financial ecosystem. Real-time payments have revolutionized traditional banking systems,…