By Jeff Domansky, May 21, 2021 Frustrated with 15 months of pandemic restrictions, work-from-home mandates, and longing to shop in-store once again, consumers appear ready to reopen their purses and wallets with a vengeance. Earlier this spring, Bloomberg Economics estimated Americans have a stockpile of ...
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May 19: Global payment news roundup: Laybuy, Adyen, Wise, Billtrust, Masrvi, Target, Best Buy, more…
Tie your runners and get ready to ramble. Here’s the weekly roundup of global payments news, developments, and innovations to keep you current. Consumer buying behaviors that will shape the future of retailAt the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up ...
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By Jeff Domansky, May 18, 2021 At the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up the future of retail succinctly: “There isn’t a world where people revert back to their 2019 behaviors, and part of that is just a comfort level,” ...
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By Jeff Domansky, May 13, 2021 Cybercrime is incredibly profitable for fraudsters. Experts estimate more than $1 trillion was lost globally to cybercrime in 2020, and payment abuse is a big part of the fraud picture. According to Sift’s Q1 2021 Trust & Safety Index ...
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By Jeff Domansky, May 11, 2021 A new partnership of Wise and Google Pay means US mobile wallet users can send money to friends and families across borders cheaper and faster. The launch lets Google Pay users in the US send money to Google Pay ...
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By Richard Steggall, Urban FT, May 10, 2021 When it comes to digitization and technology adoption, banks and credit unions have been thrown into the lion’s den. Sparring with tech giants and innovative startups to defend increasingly disputed territory in financial services, much of the ...
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Lots of breaking and positive news this week, and this quick roundup will keep you up to speed on the payments industry news you need to know. April US retail sales grow 23.3% as trends point to a recovering economyTotal US retail sales sprung into ...
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By Jeff Domansky, May 5, 2021 Three-quarters of financial institutions (74%) saw a significant spike in Covid-related fraud and cybercrime in the past 12 months. New research by BAE Systems Applied Intelligence shows a substantial jump in new pandemic-related threats, along with more significant security ...
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By Jeff Domansky, May 4, 2021 Despite the impact of Covid 19, 84% of business travelers are keen to travel with proper pandemic protection. New research shows 93% of business travelers reduced travel for work by 60% or more during the past year. Those over ...
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By Douglas Hall, Publisher, PaymentsNEXT A new report from The Strawhecker Group (TSG) and the Electronic Transactions Association (ETA) reflects the impact of the pandemic on payments and the plans for US small businesses to respond to the new consumer payment preferences evolving. Of the ...
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