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☆ E-commerce experts say these 4 checkout mistakes may hurt your business' bottom line
▼ + stars: | 2023-07-10 | by ( Sponsor Post | Created Insider Studios With Paypal | ) www.businessinsider.com time to read: +9 min

But many customers still witness challenges during and after checkout, including false declines and fraud. Below are four common checkout mistakes that enterprise e-commerce businesses make and how to avoid them. If those thresholds are too conservative, they can lead to false declines; if they're too liberal, they become more vulnerable to fraud. E-commerce merchants lost an estimated $11.1 billion in false declines last year. The machine learning models can distinguish between legitimate and fraudulent transactions to reduce false declines.

Persons: they're, Cindy Turner, Turner, Chargebacks, PayPal Braintree6, Experian, Cartes Organizations: Enterprise, PayPal, PayPal Braintree, Merchants, Insider Studios, Accounting, Deloitte, Novarica, Naked, LexisNexis, DE Locations: PayPal Braintree, Risk, chargebacks, . CA

☆ How retail companies are reducing friction in online and offline transactions
▼ + stars: | 2021-05-26 | by ( Jeremy Goldman | ) www.businessinsider.com time to read: +5 min

And consumers have been moving toward demanding more frictionless payment methods across online and offline channels. For some time now, consumers have been moving toward demanding more frictionless payment methods across online and offline channels. Ecommerce retailers, not to be outdone, are finding ways to improve their transactions as well. Data suggests adults plan to continue to use touchless payment methods after the pandemic is over. One of the ways brands and retailers are working to reduce ecommerce friction is providing more payment methods at checkout.

☆ Here's why bitcoin boomed in 2016
▼ + stars: | 2016-12-28 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +6 min

According to Bitcoin, the cryptocurrency saw an annual gain of 54% in 2016, outperforming all fiat currencies, most of which stumbled this year. Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase efficiency. As a result, venture capital firms and financial institutions alike are pouring investment into finding, developing, and testing blockchain use cases. Banks and major financial institutions are working both collaboratively and independently to develop blockchain tech. Over 50 major financial institutions are involved with collaborative blockchain startups, like R3 CEV or Chain.

Persons: it's, Bitcoin, Dow Jones, It's, Trump, Jaime Toplin, Banks Organizations: Nasdaq, Lisk, That's, Insider Intelligence, Business, Aite, CEV Locations: London, US, Santander, blockchain

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