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Is compliance to PSD2’s SCA a bridge too far for B2B merchants? Published 3 months ago According to the European Central Bank, 79% of all card fraud in 2018 occurred online from Card Not Present (CNP) transactions. In cash terms, this equates to €1.43bn in fraud losses and represents a whopping 17% increase on the previous year.[1] Against this backdrop you’d be forgiven for thinking that, for merchants, PSD2’s Secure Customer Authentication (SCA) couldn’t come soon enough. In reality, however, the European Economic Area’s 30 th December deadline has had Europe’s suppliers in ...

Recovery hopes lift British mid-caps; Ibstock shines Published 3 months ago By Shivani Kumaresan (Reuters) – British mid-caps tracked a rally in Asian shares on Thursday as hopes of a swift economic recovery this year boosted demand for riskier assets, while building materials maker Ibstock jumped after lifting its profit forecast. Shares of Ibstock jumped 7.7% to the top of the FTSE 250 after the company said fourth-quarter activity benefited from better-than-expected demand for new houses and repairs. The domestically focussed FTSE 250 index added 0.3%, with industrial stocks leading the...

Global technology trends fueling exponential growth December 21, 2020, 5:55 PM IST Mr. Seshadri Kulkarni is a CEO of Digitsecure The global payment battles until about a decade ago were waged and won by financial institutions and processors primarily riding on global card networks in existing, well-defined markets. Until the beginning of the 21st century, the two most populous markets – China and India – were a mere blip on the global payments landscape. The one transformational innovation during this period was online payments with the advent of ...

Four steps for UAE businesses to up their e-commerce game 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Many consumers are unlikely to give up online shopping even after the pandemic ends by Marcello Baricordi and Mohammed Ali Rashed Lootah December 17, 2020 The UAE’s e-commerce sector this year saw massive growth as consumers shifted to buying online following the lockdown and other measures by the local government to mitigate the spread of Covid-19. In a recent survey, Dubai Economy, Dubai Pol...