By Jeff Domansky, April 2, 2021 Ostrich cowboy boots. New. Paid by crypto. With apologies to Hemingway, who wrote the apocryphal six-word short story about baby shoes, it nicely describes PayPal’s full-fledged launch into cryptocurrency payments. Earlier this week, PayPal CEO Dan Schulman made the ...
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By Jeff Domansky, April 1, 2021 With so much happening in the global payments industry, we’ve prepped a news roundup to quickly get you up to speed as the week comes to a close. Among the highlights: Visa Direct Payouts and crypto payments, Paysafe merger ...
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By Paul Bridgewater, CEO, ResMan, March 31, 2021 Owners and managers in property management constantly look for ways to eliminate friction from the payment process for residents and internal teams. Creating a successful payment program requires an excellent relationship and positive experience between the business ...
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By Jeff Domansky, March 30, 2021 Nine thousand new bank branches will open soon in the form of US in-store and online financial services courtesy of Walgreens. The US drugstore chain announced that pharmacy customers will soon be able to open a Walgreens bank account ...
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By Rafael Lourenco, EVP, and Partner, ClearSale March 25, 2021 As the world pivoted to online shopping, work, and learning last year, the timeline for mobile usage growth jumped ahead by two to three years in the first half of 2020. Many retailers rolled out shopping ...
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By Jeff Domansky, March 23, 2021 The purchase of automated accounts payable (AP) fintech Beanworks by Quadient is another sign of the fast-growing global market for payment and receivable automation solutions. Quadient expects opportunities for growth in payments automation with the Beanworks acquisition announced on ...
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By Ron Hynes, CEO of Vesta March 22, 2021 Global losses from payment fraud tripled from 2011 to 2020, and card-not-present (CNP) fraud is proving to be among the most pervasive. Some analysts estimate that retailers will lose $130 billion globally to CNP fraud by ...
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By Jeff Domansky, March 18, 2021 Are you struggling to get approved for a credit card? Poor credit score or no credit history? Hate paying high credit card interest rates? That pretty much describes millions of young US consumers or new immigrants without a US ...
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By Jeff Domansky, March 17, 2021 New research from Aite Group shows 47% of US consumers experienced financial identity theft (application fraud in their name or account takeover) in the past two years. In 2019, losses from identity theft cases were $502.5 billion and rapidly ...
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By Jeff Domansky, March 16, 2021 The payments and fintech world looks very different today after one year of Covid disruption. The pandemic’s economic, work and health impacts created a perfect storm of challenges, business opportunities, and the financial industry. As a result of massive ...
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