FICO Blog

DECEMBER 20, 2022

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. While debit transactions still prevail, all the other payment types are growing even faster. Besides, my prognostic abilities aren’t great.

Alternative Payment Methods 52

Alternative Payment Methods Transactions Credit and Collections Default 52

FICO Blog

DECEMBER 20, 2022

New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. Tue, 12/20/2022 - 10:20. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023. Alternative Payments Methods Will Grow Faster than Debit — and Scammers Will Rejoice.

Alternative Payment Methods 52

Alternative Payment Methods Transactions Credit and Collections Default 52

aptic

DECEMBER 13, 2022

Fintech Klarna saw its losses triple during the first half of 2022. “ The San Francisco-based company reported a 96% jump in active users to 14 million during the first half of 2022, compared to 7.1 The online segment dominated the Buy Now, Pay Later market and garnered a revenue share of 82.29% in 2022.

Alternative Payment Methods 52

Alternative Payment Methods Credit Card Payments Transactions 52

TreviPay

JANUARY 12, 2024

Security and risk A lack of both predictability and transparency can help fraud thrive across all kinds of cross-border payments. Juniper Research has estimated that globally cross-border payment fraud losses will reach $46.1 This represents a 57% increase from 2022. billion USD by 2027.

Credit Card Payments 52

Credit Card Payments Alternative Payment Methods Transactions Order to Cash 52

Abrigo

APRIL 18, 2022

Bitcoin and other digital assets have remained volatile without regulation, with generally more risk-tolerant investors using cryptocurrencies as an alternative payment method. Cybercriminals, Fraudsters, and the Dark Web – What to Watch for in 2022. CBDC may be an important strategy to that end. Keep me informed.

Alternative Payment Methods 78

Alternative Payment Methods Cybersecurity Credit Card Companies 78