Card Not Present
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Card Not Present® is an independent voice generating original news, information, education and inspiration for and about the companies and people operating in the card not present space—one of the only sources of content focused solely on this growing segment of the payments industry. Our only product is information. Our only goal is to provide it in an unbiased manner to our subscribers.
The company’s media platforms include Card Not Present®, the hub for news, information and analysis about the payments issues that most affect merchants operating in the space; The CNP Report®, an e-newsletter delivering that focused information directly to your email inbox with no extraneous clutter; CNP Expo®, an annual gathering of the leading companies in the space from the smallest e-commerce websites and technology providers to global retailers and payment processors; and the CNP Awards, an annual event honoring the products and solutions CNP merchants rely on most to increase sales. Card Not Present® and CNP Expo® are owned by Reed Exhibitions, a member of the RELX Group.
Will Wise | Group Vice President, RX Security Portfolio, Card Not Present® and CNP Expo®
Will has over 25 years of experience in IT, IoT & Security media, events and research. In his role as Group Vice President, Security Portfolio at Reed Exhibitions – Will oversees CardNotPresent.com & CNP Expo, as well as the ISC events series (Physical & IoT Security markets). Prior to Reed Exhibitions, Will’s experience includes Managing Director of the IoT Institute at Penton Media, and Management level roles at UBM, IDG and Ziff-Davis. Source
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Media Outlet details
| Scope | Trade/B2B |
|---|---|
| Language | English |
| Country | United States of America |
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Recent Articles
Search ArticlesFarewell from Card Not Present
As we come to the close of another year, I regret to inform our community that this is the final issue of the CNP Report. On behalf of the entire staff at Card Not Present, I want to thank you for reading and engaging with us over the last decade. I hope our content was helpful to you. All articles and educational resources on www.cardnotpresent.com will remain available for the next few months so our readers can learn, reference information and continue to find value in it.
New Year, Old Story: Black Friday and Cyber Monday Set E-Commerce Records
The holiday shopping behavior of U.S. consumers continues to evolve, but online shoppers are still setting records on the traditional Black Friday and Cyber Monday event days. According to Adobe Analytics, U.S. shoppers spent $9.1 billion online on Friday, Nov. 25 and $11.3 billion the following Monday—both record tallies.
Happy Thanksgiving from Card Not Present and the CNP Report
This edition of the CNP Report comes to you two days earlier than usual as we in the U.S. continue to prepare for Thanksgiving and the rest of the holiday season. While even Thanksgiving Day offers no respite from the onslaught of holiday season fraud for merchants, the staff of Card Not Present hopes all our readers are able to find some time to spend with friends and family. To all of our loyal readers, we at Card Not Present thank you and wish you a happy and safe Thanksgiving.
Fraud Attacks Cost Financial Services Firms $4.23 for Every $1 in Fraud Loss
A closely watched measure of fraud costs found each dollar lost to fraud attacks in 2021 cost U.S. banks and other financial services firms $4.23, up more than 16 percent from 2020. Each year for the last 13 years, LexisNexis Risk Solutions (LNRS) has used a proprietary formula to calculate a multiplier that estimates how much fraud actually costs organizations over and above the value of the fraudulent transaction.
Improved Omnichannel Authentication Methods Critical in Fighting Fraud and Enhancing Customer Experience
By Shai Cohen, Senior Vice President of Global Fraud Solutions, TransUnion E-commerce merchants, well aware that the competition is just one click away, have traditionally devoted significant resources to creating a positive online and mobile experience for consumers. With convenience as one of the main selling points of e-commerce, merchants must provide a quick and easy purchase process and flawless order fulfillment if they want repeat customers.
BNPL Cannot Survive Without Addressing Its Bot Problem
By Sam Crowther, CEO and founder, Kasada BNPL, or Buy Now, Pay Later, crashed the retail scene with a dual mission of making it easier for consumers to afford desired goods without a traditional credit card and helping online retailers improve their conversion rates. The approach was tremendously popular. Last year it accounted for some $97 billion of global e-commerce transactions, and many BNPL companies claim they have improved conversion rates by at least 20 percent.
Contactless Mobile Payment Users to Top 1 Billion by 2024, Says Report
The total number of users globally making contactless mobile payments will exceed one billion for the first time by the end of 2024, according to a new report. In Contactless Payments: Key Opportunities, Emerging Trends & Market Forecasts 2022-2027($), Juniper Research said about 782 million people around the world are making contactless payments now.
SEON Launches Free Antifraud Solution
The ”freemium” model, long associated with mobile apps and video games, is coming to fraud prevention. Founded in Hungary and currently headquartered in London, antifraud technology provider SEON has launched a free version of its service that offers users its full fraud protection solution on a 14-day trial basis, after which they are automatically converted to the company’s new “forever free” plan.
Early Holiday E-Com Results: Sales Up 14%, Criminal Fraud Up YoY vs. Friendly Fraud
Holiday season e-commerce sales are 14 percent ahead of last year, according to an early look at the Signifyd Holiday Season Pulse Tracker. The measure of online sale defines the holiday season as starting on Oct.1. The Bay Area antifraud technology provider predicts 19 percent of all holiday e-commerce sales will take place during Cyber Week (starting Nov. 28), down from 21 percent last year.
Mules, Crypto Among Top Money Laundering Tactics, Says Report
AML experts have identified money mules, multi-customer cross-wallet activity and crypto exchanges as the three most common ways bad actors launder money, according to a new report. Antifraud technology provider Feedzai found in The State of Global Anti Money Laundering Compliance Report that nearly three quarters of those polled cited money mule schemes—both unwitting (44 percent) and witting (30 percent)—as the most common money laundering threat.