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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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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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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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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By Jeff Domansky As PayPal’s CFO saw Tuesday, some earnings calls provoke unexpected consequences. In an effort at transparency, and because it is material, CFO John Rainey revealed inflation and supply chain challenges impacted consumer spending, and PayPal would likely not reach its ambitious goal ...
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How the regulatory environment is changing to protect consumers, and what that means for specialized businesses By Shaun Lavelle, SVP & General Manager, Direct Marketing, Paysafe Group One of the US verticals poised for ongoing change in the coming year is the direct selling vertical, ...
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By Rodger Desai, Prove Co-Founder & CEO As we evolve into a more phone-centric and mobile-first world, digital identification is becoming a powerful tool to enable safer and more secure transactions and digital interactions. In tandem, the digital payments industry is rapidly expanding alongside us ...
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Payment industry leaders are gearing up for a year of continued growth, a competitive and challenging business environment, and a few unknowns in the year ahead. Here’s what we’re paying attention to in payments industry news around the world. PayPal faces lawsuit for freezing customer ...
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By Marc McCarthy, SVP Sales & Reconciliations SME, AutoRek US payments technology lags behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes. Despite widespread smartphone ownership, just 10% of US consumers use mobile payments. Paper checks are still ...
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Welcome to our final payments news roundup and post for this year. A new Nilson report says we can look forward to $408.5 billion in losses globally due to fraud by 2030. Community Banks are expected to create a new payments network to challenge Zelle. ...
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