Blog

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 ...
Read more
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 ...
Read more
coronavirus storm
Payments Research Payments Trends

$1400 stimulus check won’t cover one month of bills

By Jeff Domansky, March 8, 2021 As the US Congress gets ready to finalize the newest stimulus package, a new report from doxo shows the relief will last just 22 days in many cases. According to doxo’s recently released 2021 U.S. Bill Pay Market Size & ...
Read more
financial market disruption
Banking Fintech

Payment, Non-bank Lenders Loan More Than Traditional Banks

By Jeff Domansky, March 4, 2021 When it comes to business loans, non-bank lenders have jumped out ahead of traditional banks as the fintech revolution disrupts the financial services industry. Last month we analyzed PayPal’s outstanding 2020 financial results and its growth as the payments ...
Read more
Square world
Banking Fintech

A Bank for Squares? Dorsey Says Definitely

By Jeff Domansky, March 3, 2021 Payment services company Square Inc. officially launched its bank yesterday. A year after Square Financial Services (SFS) received charter approval from the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. Headquartered in Salt Lake City ...
Read more
Affirm financial results
Buy Now Pay Later Fintech

Affirm plans debit card with buy now pay later feature

By Jeff Domansky, March 1, 2021 The global $400 billion-plus buy now, pay later (BNPL) market is heating up incredibly fast, leading to some interesting new features and competitive positioning by market leaders. San Francisco-based Affirm announced plans to issue the first US debit card ...
Read more
UK fintech valued at $15.5 billion
Banking Fintech

UK fintechs fight to retain market leadership

By Jeff Domansky, Feb 26, 2021 The UK fintech business is big for a midsize nation. It contributes $15.5 billion to the UK economy annually and holds around 10% of the global fintech market. A new report on Britain’s fintech industry, commissioned by the Chancellor ...
Read more
PaymentWorks' fraud prevention platform
Cybersecurity Logistics Payments Technology

How universities are fighting payments fraud

By Jeff Domansky, Feb 22, 2021 When it comes to fraud, universities are just one more appealing target for cybercriminals. Like many businesses, universities are taking proactive measures to prevent B2B fraud, and they’re looking to digital identity platforms and automation to reduce their vulnerability ...
Read more
retail POS
Payments Technology Retail

Changes brewing for retailers at point-of-sale

By Jeff Domansky, Feb 19, 2021 With all the challenges ahead for surviving retailers, none is more important than responding to new consumer shopping habits and payment preferences. New research from Retail Consulting Partners (RCP) shows the retail store will still be a hub for ...
Read more
payments trends
E-commerce Mobile Payments

7 payments industry trend-charts worth a look

By Jeff Domansky, Feb 18, 2021 When it comes to keeping up with payments industry trends, sometimes the pictures are worth more than 1000 words. Here are seven recent payments industry and e-commerce trend charts worth a second look at and to help you stay ...
Read more