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inflation hurts small business
Payments Technology

Five ways small businesses can fight back against inflation

By Prashant Gandhi, Chief Business Officer, Melio With the COVID-19 pandemic showing no sign of slowing and employees leaving their jobs at a record pace as part of the “Great Resignation,” inflation is adding another roadblock for small businesses struggling to get by. With inflation at ...
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Tax maze
E-commerce

Why Tax Plays a Critical Role in Payments

By Amit Mathradas, President and COO, Avalara The payments ecosystem has undergone rapid change over the last decade and even more so since the onset of the COVID-19 pandemic as digital commerce grew in popularity. Among the top changes is the widespread adoption of digital ...
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green banking services
Banking Payments Research

Younger UK bank customers want more “green” from FIs

New research from open banking platform Tink shows young UK bank customers expect their financial service providers to demonstrate stronger environmental credentials. And many are willing to switch banks for greener options. The Feb 2022 survey of 2,000 UK customers showed that younger consumers are ...
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identity fraud cost $52 billion
Credit Card & Online Fraud Payments Research

US identity fraud losses spiral to $52 billion

By Jeff Domansky The fraud landscape shifted dramatically as criminals boldly increased the hijacking of victims’ online lives with the cost of fraud jumping to $52 billion according to the 2022 Identity Fraud Study: The Virtual Battleground by Javelin Strategy & Research. Traditional identity fraud ...
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contactless payments
Mobile Payments Payments Technology Payments Trends

Contactless Payment Trends We’re Watching Now for 2022

Rafael Lourenco, EVP & Partner, ClearSale Although contactless payments became much more popular because of the pandemic, they’re not going away even as many regions return to more in-person activities. In fact, contactless payment methods are more popular than ever, driven by health precautions, security ...
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closing the fintech banking gap
Fintech

Why fintech is a fundamental addition to Community Banks

By Carl Memnon, Co-Founder and COO at Grain Technology. When it comes to banking innovation, we are seeing more and more financial services providers working to offer consumers better options for their banking needs, specifically by providing accessible, digitally native products. While innovation is great ...
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merchant credit card fees rising
Payments Research Retail

Amazon settles Visa fee spat; US merchants challenge fees

By Jeff Domansky While Amazon and Visa settled a simmering dispute over credit card processing fees, US merchants have ramped up a campaign to convince legislators to examine the impact of credit card processing fees on small businesses. In November 2021, Amazon had announced plans ...
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digital payments world
E-commerce Fintech

Feb 14 Global payments news roundup

A busy day and busy week ahead for global payments news in this roundup from PaymentsNEXT. US e-commerce jumped 14.2% in 2021, payments sector investment may get a reset, FYNCR introduced an all-in-one credit card bill payments mobile app, and the Tillful Card promises SMBs ...
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digital payments future bright
Fintech Mobile Payments Payments Trends

Outlook for digital payments is bright for 2022

By David Sharp, President, PaySimple In the past, an integrated digital payment solution was viewed by many businesses as a “nice to have” option for customers. But it wasn’t until the COVID pandemic hit that it quickly became a “need to have.” Businesses had to ...
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payments future
Payments Research Payments Trends

Feb 8 Global payments news roundup

Here’s the global payments news we’re keeping an eye on this week. A new one-click payment release by Bold Commerce, a BOPA delivery alternative for shoppers, a big jump in BoA client payments, and a Union Pay/Fiserv partnership is on the radar. APIs and future ...
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