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News by FinTech Collective Archive

Firms partnering with third parties to fight fraud see profit boost

Jack Storrs

January 25, 2024

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Jack Storrs

A recent study of eCommerce merchants from PYMNTS and Nuvei showed that 90% of those partnering intensively with payment service providers ("PSPs") cited positive impacts to their profitability.

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"11% of these firms say that not collaborating with PSPs has a negative impact on their profitability."

https://www.pymnts.com/fraud-prevention/2024/firms-partnering-with-third-parties-to-fight-fraud-see-profit-boost/

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