• December 16, 2021

Weekly DCB and payment market update (#50)

In our latest DCB and mobile payment market update from this week, we have curated the following articles for you.

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Online security and fraud prevention

3 evolving fraud trends eCommerce businesses need to know
As the world spends more time shopping online, fraudsters spend more time targeting eCommerce merchants. A recent FIS/Worldpay risk mitigation survey found that more than half of merchants in 11 countries saw increases in synthetic identity fraud, account takeover fraud and identity theft/new account fraud in 2020. To protect their revenue and their customer experience, merchants need to understand how these attacks work and how to reduce their risk.

All details here:

https://www.securityinfowatch.com/cybersecurity/article/21249457/3-evolving-fraud-trends-ecommerce-businesses-need-to-know

If you want to learn more on how we support MNO with fraud detection and prevention in DCB, you can find details here: https://mdk.digital/case-study/market-observation/

Innovation and “out of the box” thinking

How will you buy goods in 2022? Payment trends shaping the future of commerce

Pay now, pay later, pay by mobile, pay in instalments. Today, there are increasing numbers of ways for consumers to spend quickly and easily. And in the fast-paced world of payments technology, innovation is always just around the corner.

The industry is being shaped by the unabating demand for choice, value, and flexibility. To meet this demand, the industry is rapidly developing a host of new technologies, but three trends are leading the pack.

Buy now pay later (BNPL), contactless technology and a new generation of loyalty points-based payments, fuelled by emerging MarPay technology.
 
All details:

https://www.euronews.com/next/2021/12/06/how-will-you-buy-goods-in-2022-payment-trends-shaping-the-future-of-commerce

IDC FutureScape: Top 10 Predictions for the Future of Innovation

Delivering innovative digital products can help businesses satisfy customers and create stronger competitive differentiation. Organizations that can then take the next step and transform their software innovation into value engines will spawn additional business value, such as data monetization, new partnerships, or entrance into new markets. As business leaders consider ways to leverage software innovation and transform their businesses into digital innovation factories, International Data Corporation offers its top 10 predictions for the Future of Digital Innovation.

All details here:
https://pipelinepub.com/news/13850

Use cases

Bezahlen per Handy wird noch leichter

Mobile Payment ist im Trend. Mittels TWINT muss nicht mal mehr ein QR-Code gescannt werden. Immer mehr Vorgänge können aus der Bezahl-App gestartet werden, so etwa das Bestellen von Nespresso-Kapseln.

Casino mit Handyrechnung bezahlen – Österreich: Das Wichtigste

Casinos, bei denen Einzahlung per Telefonrechnung möglich ist, haben in den letzten Jahren an Popularität gewonnen. In diesem Leitfaden für Pay-By-Phone Casinos geben wir einen Überblick über die Verwendung dieser Methode, FAQ’s und Casinos, die diese Zahlungsoption akzeptieren.

All details:
https://www.frankfurt-live.com/casino-mit-handyrechnung-bezahlen—-oumlsterreich-das-wichtigste-137990.html

Market outlook and development

It’s the most wonderful time of the year…when we get a peek at what was and what will be. Top trends topped the headlines, ranging from the acceleration of digital transformation and the rapid adoption of 5G and cloud technologies to the continuing threat of cybersecurity breaches and the increasing sophistication of cyber criminals. From predictions of the top technologies to transform 2022 to when we can expect our self-driving cars to hit the lot, we heard it all.
 
Full article and details here:
Digital Turbine and Bango partner to boost payment options for app developers

Digital Turbine Inc (Nasdaq: APPS), the leading independent mobile growth & monetisation platform, and Bango plc (AIM: BGO), the global platform for data-driven commerce, today announced a strategic partnership to offer app developers more secure payment options for their end users. The multiyear, global agreement commercially launches in the first quarter of 2022.

All details here:
https://www.cambridgenetwork.co.uk/news/digital-turbine-and-bango-partner-boost-payment-options-app-developers

Weekly DCB and payment market update (#49)
Weekly DCB and payment market update (#51)

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