Today in data, while banking fraud is on the rise, security professionals worry fraudsters have better tech than they do. Data $5.8B: Amount lost to fraud in 2021, a 70% increase from the year before 65%: Share of security professionals who say the tech to...
Today in data, new research shows a number of merchants making it easier for consumers to hold onto their subscriptions. Data 87%: Share of food and beverage subscription providers offering multiple plans to initial subscribers 79%: Portion of consumers who have a retail membership, subscription...
Today in data, costs for things such as cars and food continue to rise, as does the number of people struggling to pay their bills. Data $45,844: Average transaction price for a new car in June, the highest on record 11%: Increase in food prices...
Today in data, new research shows that living paycheck to paycheck is the most common lifestyle in the United States. Data <$50,000: Income bracket that is most likely to be living paycheck to paycheck 58%: Percentage of Americans living paycheck to paycheck in May, up...
July 12, 2022
The term “friendly fraud” sounds like an oxymoron, but in truth, there’s nothing friendly about it. It’s what happens when a consumer purposely makes a purchase and then disputes the legitimate charge. And as PYMNTS reporting and research found, it’s a multi-billion-dollar problem that affects a majority of merchants, and one that isn’t always accurately […]
July 11, 2022
Today in data, while banking fraud is on the rise, security professionals worry fraudsters have better tech than they do. Data $5.8B: Amount lost to fraud in 2021, a 70%...
July 08, 2022
Today in data, new research shows a number of merchants making it easier for consumers to hold onto their subscriptions. Data 87%: Share of food and beverage subscription providers offering...
July 07, 2022
Today in data, costs for things such as cars and food continue to rise, as does the number of people struggling to pay their bills. Data $45,844: Average transaction price...
