The COVID-19 pandemic has forced many banking customers to convert themselves into “reluctant first-time users” of exclusive digital banking. A steady rise in the use of peer-to-peer (P2P) payments has been evident long before the pandemic outbreak. It was already flourishing within sectors such as e-commerce, all the way to wealth management. P2P’s Increased Use By Consumers and Businesses In...
Research in the field shows there has been a spike in account takeover (ATO) attacks for online payment accounts with the Apparel and Food and Beverages industries. The highest spikes in fraud at 69.9% and 49.8% respectively was between Q4 2015 to Q4 2016. According to the 2017 Fraud Attack Index, spike followed the October 2015 EMV chip adoption deadline...
Wallaby has officially gone Through Google Glass by offering a new payment app for Google Glass. The new google payment app is a milestone as it is the first real-time financial app for the new, wearable mobile technology from Google. Multiple Card Options Pay With Wallaby offers support for customers with multiple credit card options. With an average of six...
