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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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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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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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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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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