By Jeff Domansky, Jan 25, 2021 With the new US administration in town, there’s a huge volume of payment news and new developments in the payments industry, and we’ve got highlights to keep you up to speed and in the know. 12 billion records stolen ...
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By Jeff Domansky, Jan 25, 2021 With new threats emerging and the number of attacks growing, global cybersecurity spending is expected to rise 10% in 2021, according to the latest global security forecast by Canalys. The report noted the spending increase could be reduced to ...
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Greenwood founders (l to r): rapper Michael “Killer Mike” Render, Ambassador Andrew Young, Bounce TV founder Ryan Glover By Jeff Domansky, Jan 21, 2021 It’s only fitting that Atlanta-based digital bank Greenwood is building financial services for the Black and Latinx community, given its ownership ...
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By Jeff Domansky, Jan 18, 2021 The National Retail Federation (NRF) said holiday retail sales in the US were 8.3% higher during the Nov-Dec 2020 shopping season than last year, despite the lingering impact of the coronavirus pandemic. Sales reached $789.4 billion, surprising the NRF ...
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US residents and other thoughtful citizens around the world celebrate Martin Luther King Jr (MLK) Day today and it’s a wonderful time to reflect on his inspiring words and actions. Let’s mark today with optimism and some MLK inspiration as a new US administration prepares ...
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By Jeff Domansky, Jan 15, 2021 New research from Forter shows merchants losing billions of dollars in missed opportunities as they struggle to balance the growing incidence and cost of fraud with the impact of false declines of good customers, particularly for new online shoppers ...
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By Jeff Domansky, Jan 13, 2021 Walmart announced plans for a new fintech startup that could soon offer its 265 million weekly customers a basket of fresh new financial products like those available from other successful fintech startups. The announcement offered no initial details on ...
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By Stefan Merz, Chief Operating Officer at PPRO, Jan 12, 2021 It has been a year of momentous change for the payments industry. Previously, emerging trends have seen a massive acceleration as a result of the pandemic. Years of transformation happened in just a few ...
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By Jeff Domansky, Jan 11, 2021 Stripe announced it will no longer process payments for the Trump campaign website and fundraising after last week’s riots at the Capitol building in Washington, DC. On its website, the credit card processor’s terms of service say that users ...
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By Jeff Domansky, Jan 8, 2021 Shopify closed two Trump brand stores on its e-commerce platform yesterday in response to the Wednesday violence at the Capitol building in Washington DC. Shopify shuts Trump online store The Ottawa, Canada e-commerce giant powers e-commerce stores for more ...
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