Global Holiday Season Spending Expected to Grow by 16% in 2024, BNPL Surges While Synthetic Identity Fraud Emerges as Top Threat
ACI Worldwide, Inc. (ACIW)
Last aci worldwide, inc. earnings: 8/8 06:00 am
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Source: Business Wire
ACI’s Unwrapping Checkout Trends report anticipates a 16% increase in global eCommerce transaction value during the 2024 holiday season, with the travel sector leading the growth.Synthetic identity fraud is the top threat this holiday season, with average transaction value at nine times more than other common types of payments fraud.Sales transaction volume is expected to increase 6% across all Cyber Weekends. OMAHA, Neb.--(BUSINESS WIRE)--Global holiday spending is expected to rise 16% in value from October through December 2024 compared to the same period last year, according to analysis by ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology. ACI's annual Unwrapping Checkout Trends report provides merchants and acquirers with essential insights on payment trends, spending and fraud predictions, and actionable ways to maximize secure and authentic conversions.This press release features multimedia. View the full release here: https://www.businesswire.
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- Fraud Detection and Prevention Market to grow by USD 86.68 billion (2024-2028), rising adoption of cloud-based services to drive revenue, Report on how AI is transforming the market - Technavio [Yahoo! Finance]Yahoo! Finance
ACIW
Earnings
- 11/7/24 - Beat
ACIW
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 4
- ACIW's page on the SEC website