Tag: rise
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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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Credit card delinquencies rise, especially for low-income earners
Credit Card Delinquencies Rise, Especially for Low-Income Earners The financial pressures caused by the ongoing COVID-19 pandemic have led to a concerning rise in credit card delinquencies, that too, predominantly among low-income earners. This situation poses a significant threat to the already vulnerable financial stability of these individuals and raises questions about the broader implications…
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Payments M&A poised to rise this year
In the ever-evolving world of finance and technology, mergers and acquisitions (M&A) play a significant role in shaping the landscape of various industries. This year, the payments industry is set to experience a surge in M&A activities, signaling a wave of transformation and growth. With changing consumer preferences, advancements in technology, and increasing demand for…
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Juniper Research study shows a rise in global soft POS transactions by 2028
In a recent study conducted by Juniper Research, it has been predicted that the global soft POS (Point of Sale) transactions are expected to rise exponentially by 2028. Soft POS systems have become increasingly popular among businesses due to their flexibility and cost-effectiveness. Understanding Soft POS Soft POS refers to a mobile or tablet-based point-of-sale…
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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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Millennial credit card delinquencies rise: New York Fed
Millennial Credit Card Delinquencies Rise: New York Fed The New York Federal Reserve announced today that credit card delinquencies among millennials have shown a concerning rise in recent months. This data indicates a troubling trend among younger individuals facing financial difficulties. According to the New York Fed’s report, the delinquency rate for millennials – defined…
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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…