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Effective strategies for protecting your online business from ecommerce fraud
Date: May 23, 2023
Effective Strategies for Protecting Your Online Business from Ecommerce Fraud In today’s digital landscape, online businesses face an increasing threat from ecommerce fraud. Fraudsters continually seek new ways to exploit vulnerabilities and compromise the security of e-commerce operations. As an online business owner, it is crucial to implement robust fraud prevention measures and follow best...
UK’s nationwide to pay 340 million pounds to customers after profit leap
Date: May 19, 2023
UK’s Nationwide to pay 340 million pounds to customers after profit leap LONDON (Reuters) -British lender Nationwide will pay its customers 340 million pounds ($429 million) through payments to their current accounts, it said on Friday after reporting a 40% leap in annual profit driven by a long run of Bank of England rate hikes....
Automated invoices: The saving grace of the late payments crisis
Date: May 12, 2023
It’s no secret that the global economy is entering difficult waters. In the UK, inflation is on the rise, leading to the Bank of England increasing interest rates for the 11th time in a row. For businesses, this means money itself is getting more expensive. Against this backdrop, it’s not surprising that 25% of UK businesses reported a lower turnover...
Nexi open to options as banco BPM seeks partner
Date: May 11, 2023
MILAN (Reuters) -Italian payments giant Nexi is keen to enter partnerships with lenders and will adjust to their preferred models, it said on Wednesday as leading banks UniCredit and Banco BPM review options for their payments businesses. Nexi CEO Paolo Bertoluzzo made the comments as the group confirmed 2023 guidance after reporting first-quarter profit in...
PayPal adjusted margin forecast cut eclipses higher profit expectations
Date: May 9, 2023
PayPal adjusted margin forecast cut eclipses higher profit expectations By Manya Saini (Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares in the payments firm down 5% in extending trading. PayPal expects adjusted operating margin expansion of 100 basis points this year, compared...
Amazon offers shoppers $10 to pick up purchases as it targets delivery costs
Date: May 9, 2023
Amazon offers shoppers $10 to pick up purchases as it targets delivery costs By Lisa Baertlein LOS ANGELES (Reuters) – Amazon.com is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and...