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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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The Historic Push For PPE

PYMNTS

billion in annual spending on PPE projected by 2027. In the last few months, we’ve seen companies focus on selling goods and buying inventory online. Digital payments help sellers get paid faster and buyers [to] make convenient payments while benefiting from working capital and cash flow management.”.

Payments 132
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Retailers Team With Providers For eCommerce Payments’ Tear

PYMNTS

Online shopping is on a tear, and marketplaces are reaping the rewards. billion — online payments were completed in the U.S. In the post, Shopify wrote, “by accepting Venmo directly in your online store, users can complete their purchase in just a few clicks. The expected size of the digital payments industry by 2027 is $2.4

Retail 131
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Legacy Banks Embrace APIs To Counter Competitive Cycle

PYMNTS

The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Blockchain Disruption . Switch, Inc., B2B Card Payments .

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The Why Behind So Many Healthcare Payment Buys

PYMNTS

It’s not going to get any easier, either, as healthcare spending may reach $6 trillion by 2027, as noted by the federal Centers for Medicare and Medicaid Services. To smooth the friction on the providers’ end, UnitedHealthcare struck a deal to buy healthcare payments firm Equian — privately held by New Mountain Capital — for $3.2

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Modern Card Issuer Marqeta Is Going Public. Here’s What It Means For Payments Tech & Issuer Innovation

CB Insights

The company is backed by VCs including Spark Capital, Lone Pine Capital, and Granite Ventures, as well as corporates like Goldman Sachs, Mastercard, and Visa. . G lobal online sales are expected to reach $4.8T This also benefits Marqeta as consumers and businesses are buying more goods and services online.

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