PYMNTS
JANUARY 20, 2021
The EU announced formal antitrust probes into Amazon , questioning its responsibility to third-party vendors versus itself as a rival on the platform. Part of an investigation launched in 2018, the updated charge sheet questions whether Amazon abused its position to use merchants’ collected data against them.
PYMNTS
NOVEMBER 10, 2020
At issue is Amazon’s parallel responsibility to third-party vendors as an eCommerce ecosystem, and to itself as a rival on the platform with competing merchandise, the sources told FT. .
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PYMNTS
FEBRUARY 28, 2019
Deloitte research found 79 percent of organizations expect merger activity to grow in the coming year, up from 70 percent that said the same for 2018. which suffered a data breach last year as the result of a cybersecurity incident at a third-party vendor. Such cases have been reported at Ticketmaster U.K.
PYMNTS
MAY 2, 2019
Last year saw record levels of venture capital pumped into cybersecurity startups, and researchers at Gartner expect companies to increase cybersecurity spend by 9 percent between 2018 and 2019, reaching $124 billion. The report follows research published last November from Opus, which surveyed security executives in the U.S.
PYMNTS
OCTOBER 1, 2019
In 2018 alone, we invested over $400 million in personnel and tools built on machine learning and data science to protect our customers from fraud and abuse in our stores.”. The company said that its counterfeit spotting technology begins to work from the second a third-party vendor registers an account. “In
PYMNTS
JUNE 20, 2019
As the Payments 2022 Playbook examines, digital platforms should also turn to their third-party vendors to foster an environment of collaboration in the fight against fraud — which, PYMNTS research suggests, may also combat false positives.
PYMNTS
NOVEMBER 6, 2019
Tech companies benefit by avoiding payment processing fees to third-party vendors whenever customers use their virtual accounts for payments, the report said, while JPMorgan benefits by being the sole payment processing and cash movement firm for tech companies that offer the eWallet to their customers. “A
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