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US payments technology lags behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes.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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Seismic payments shift ahead Doug Hall 2022 is shaping up to be a year of seismic change in the payments business. In Part 1 of our series and today’s Part 2, a clear pattern emerges from the insights of our industry leaders. As Trevipay’s Brandon ...
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The end of fintech as we know it? Doug Hall As we reached out to payment industry leaders for a look back at the year and predictions about what’s ahead for 2022, we were thrilled with the responses and willingness to go on the record ...
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By Aidan McCarty, Co-founder and Co-CEO of Unum ID As with most industries, the digital revolution continues to transform banking and financial services at breakneck pace. Rapid technological innovation has already reshaped both customer behavior and the market. Today, four out of five Americans use mobile apps ...
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By Jeff Domansky With Black Friday sales over and the holiday shopping season well underway, let’s take a look at how merchants and the payments industry fared. First, a sales overview from the retail industry’s National Retail Federation (NRF) and Adobe Analytics. Overall sales decreased ...
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