Electronic payment processing card fraud cost $8.6 billion in 2008. The fraud rate, was 0.4% of $2.1 trillion in total charge volume in 2008.A new report about fraud management from Aite Group says that end-to-end encryption of cardholder data during an electronic payment processing transaction is..
Researcher comScore reported that online spending on Cyber Monday, the Monday after Thanksgiving, was $887 million, representing a 5% increase over $846 million on 2008’s Cyber Monday. The November 30th volume matched the heaviest online shopping day comScore previously tracked, which was on..
DigitalBuzz predictions about digital marketing trends for 2010 include the following:Facebook replaces personal email. More people will be using Facebook to communicate rather than email.Cloud computing with subscription billing models will bring open source software applications to the masses...
According to CyberSource’s 11th annual study of e-commerce fraud. U.S. and Canadian merchants experienced a 1-2% decline in the average percentage of online revenues lost to fraud. Losses from fraud have held steady at 1.4% since 2006. Online fraud will cost North American merchants an estimated..