Square Aims to Move Upmarket with Handheld POS Device
Some of Square’s best-known products are accessories that turn phones into point-of-sale (POS) terminals. But its new device, Handheld, removes the phone from the equation. Roughly the size of a smartphone, Handheld features a built-in barcode scanner and camera. In addition to supporting traditional card payments and tap-to-pay, it also offers inventory management functions via […]
First-Party Fraud Now the Most Common Type of Fraud in the World
First-party has emerged as the most prevalent type of fraud worldwide. It accounted for more than a third of all reported fraud cases in 2024—an increase from 15% the year prior. According to The Calm Before the Storm?, a new study from Lexis-Nexis, this surge places it ahead of other major fraud types, including third-party […]
Playing Offense and Defense: Why Now Is the Time for Payments Modernization
Financial institutions have traditionally been risk-averse, relying on tried-and-tested products and services. However, transformative innovations—such as real-time payment rails, artificial intelligence (AI), ISO 20022 adoption, and increasing demands for cybersecurity and fraud management—along with a constantly shifting regulatory backdrop—are making it critical for organizations to adopt new technologies. In a recent Payments Journal podcast, Radha […]