Cryptocurrencies proving resilient, but ‘face challenges’ on road to mainstream acceptance
In November 2021, the combined market value of all cryptocurrencies soared to a record-breaking $3 trillion. However, adverse macroeconomic circumstances and the collapse of major players, most notably FTX, caused a sharp 64% decline in 2022, plummeting below $800 million. The market has since recovered in 2023, reaching $1.1 trillion, according to GlobalData. Its latest […]
Staying Ahead of the Game: What’s new in payment fraud detection tools and technology
In the fast-paced world of digital payments, fraud detection critical. Cybercriminals are constantly evolving their tactics, necessitating more sophisticated tools and technologies to counter these threats. As the sector continues to evolve, several key trends are emerging in payment fraud detection. Firstly, the use of Artificial Intelligence (AI) and Machine Learning (ML) is transforming fraud […]
Do you specialise in Digital Identity Verification or Multi-factor Authentication? We want to hear from you!
Each month on Merchant Fraud Briefing we’re shining the spotlight on a different part of the market – and in August we’ll be focussing on Digital Identity Verification & Multi-factor Authentication. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise in Digital […]
Banking investment in IT set to soar, driven by security
Global IT spending by banking and investment services is forecast to hit $652.1 billion in 2023, representing an increase of 8.1% from 2022, with spending on software experiencing the largest growth at 13.5%. “Current economic headwinds have changed the context for technology investments in banking and investment services this year,” said Debbie Buckland, Director Analyst at […]
Banking & financial services driving renewed growth in biometric hardware
Global biometric device shipments fell from 4.1 million in 2019 to 3.4 million in 2021 and recovered slightly to 3.6 million in 2022, with global trends impacting usage in banking, financial services and insurance (BFSI) sectors. According to a new report by technology intelligence firm ABI Research, geopolitical and macroeconomic events, including the conflict in […]
Top global payment companies generated $228bn in 2022
The global payments industry witnessed an exceptional 2022, despite the challenges posed by expansionary monetary policy, geopolitical uncertainties, pandemic-related supply chain disruptions, and a macroeconomic environment with heightened inflation and increased energy costs. That’s according to GlobalData, which says the top 20 public payment companies experienced a 15.5% increase in their top-line performance, reaching a […]
Secure your place at the Merchant Fraud Summit
Registration is now open for a brand new event – the Merchant Fraud Summit, which is taking place on November 1st at the Hilton London Canary Wharf. You asked, we listened: This event has been specially created following demand from our delegates who have previously attended the hugely popular event, Smarter Payments Summit. Your complimentary guest pass includes: – An itinerary, designed […]
Do you specialise in Fraud Detection Tools or Anti-Fraud Platforms? We want to hear from you!
Each month on Merchant Fraud Briefing we’re shining the spotlight on a different part of the market – and in July we’ll be focussing on Fraud Detection Tools & Anti-Fraud Platforms. It’s all part of our ‘Recommended’ editorial feature, designed to help industry buyers find the best products and services available today. So, if you specialise in Fraud […]
Welcome to the Merchant Fraud Briefing
The Merchant Fraud Briefing is a brand new resource from the people that bring you the Merchant Fraud Summit, Smarter Payments Summit, eCommerce Forum and Security IT Summit industry events, delivering up to date news and topical discussion from across the sector. We reach the people who matter – through a dedicated online portal and […]
