eCommerce merchant losses to online payment fraud will exceed US$25 billion in 2024, up from just $17 billion in 2020, despite the ongoing implementation of Secure Customer Authentication (SCA) in Europe.
Australia’s largest telco Telstra and French defence giant Thales are working with software behemoth Microsoft and open-source hardware and software company Arduino to pave the way for scalable security for connected IoT devices, by implementing a solution designed to enable trusted and secure end-to-end communication between device and cloud.
Rideshare platform Ola has integrated Apple Pay as a payment method in Australia and New Zealand in what it says is the first significant overhaul of its international customer app.
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