By Jeff Domansky As cross-border business grows, alternate payment methods (APMs) are gaining popularity for their direct impact on the bottom line. New markets generate new revenue but also create new challenges, including offering local or regional consumers their choice of payment preferences. A report ...
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By Douglas Hall, Publisher, PaymentsNEXT New research conducted by Invoiced and PaymentsNEXT found virtual cards, faster repayments, and easier use were among the top priorities for corporate payment professionals looking for future payment-flow improvements. As a keen observer of payment industry trends and new developments, ...
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By Jeff Domansky The same day US DOJ officials held a news conference high-fiving their success in charging two international ransomware hackers, online discount stockbroker Robinhood revealed intruders breached data of millions of customers. Bloomberg reported personal data of one-third of Robinhood’s customers, about seven ...
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By Jeff Domansky The US Department of Justice (DOJ) released criminal indictments against several global ransomware attackers in addition to the recovery of millions of dollars in proceeds of the cybercrime. Yaroslav Vasinskyi, 22, a Ukrainian national, was charged with conducting ransomware attacks against multiple ...
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By Flint Lane, Founder & CEO, Billtrust One of the most important books I’ve ever read is What Got You Here Won’t Get You There by Marshall Goldsmith. As the title suggests, it’s a must to be constantly evolving – both as a business and ...
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Good Monday morning. Here’s what’s trending in the global payments news and what you need to know as the week gets underway. AmEx debuts debit card in war for small-business customersAmerican Express Co. unveiled its first-ever debit card as competition for small-business customers heats up. The ...
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By Jeff Domansky US households spent more than $4.4 trillion on household bill payments in 2020. Unfortunately, the hidden costs with paying bills soared 37.6% to $119 billion from $74 billion in 2020. That cost the average US household $925 in additional hidden costs compared ...
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We’ve got a rapid-fire global payments news roundup from our long list of sources we follow. All the payments news you can use, including UK contactless card limit increases, ACI Worldwide’s latest Fraud Index, state of European checkouts in 2021, PayPal Latin America strategy, Veem, ...
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By Steve Kramer, Vice President, Product, PayNearMe As the payments industry evolves, technologies to support cash payers must also change. When you look at the numbers, you might be tempted to count cash out. After all, Venmo, the industry’s most popular peer-to-peer payment app, transacted ...
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By Jeff Domansky The biggest question in many retailers’ minds is whether fraud will take a front seat during the critical 2021 holiday shopping season that kicks off on Black Friday. In its latest quarterly crime report, financial crime management platform Feedzai said the value ...
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