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Payments add value for property management.
Fintech Payments Technology

PropTech: Facilitating payments in property management platforms

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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Walgreens Bank
Banking Payments Trends Retail

Walgreens Bank? Coming soon to pharmacies near you

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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mobile payment fraud prevention
Chargebacks Credit Card & Online Fraud Cybersecurity

Critical pandemic lessons in mobile payment fraud prevention

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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AP AR automation
Banking Fintech Payments Technology

Beanworks acquisition highlights payments automation growth

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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CNP fraud is growing
Credit Card & Online Fraud Cybersecurity

Stunning Rise of CNP Fraud and How Merchants Can Fight Back

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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TomoCredit Mastercard
Banking Fintech Payments Trends

FICO-free TomoCredit Mastercard launches

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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identity theft and account takeover
Credit Card & Online Fraud Cybersecurity

US identity theft jumps as e-commerce grows

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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fintech opportunities
Banking Fintech Payments Trends

Post-Covid consumer payment & fintech strategies

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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Covid relief for small business
Disruptive Technologies Payments Trends

US small business relief can’t come fast enough

By Jeff Domansky, March 10, 2021 The US Congress today passed the Biden administration’s $1.9 trillion COVID-19 bill and economic recovery program. Missing in action were Republican votes and an increase of the minimum wage to $15. The relief package is ambitious and based on ...
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Feedzai research identifies skyrocketing fraud
Credit Card & Online Fraud Cybersecurity

Online transactions soared in 2020, fraud skyrocketed too

By Jeff Domansky, March 9, 2021 Consumers quickly embraced e-commerce and online payments last year while fraudsters high-fived with record purchase scams, impersonation, money mule schemes, and account takeover scams. A new report from risk management platform Feedzai surveyed 2020 fraud results and painted a ...
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