Blog

False declines cost billions in lost revenue
Credit Card & Online Fraud E-commerce Payments Research

Shocking cost of lost business from false customer declines

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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Walmart fintech coming soon
Banking Fintech

Attention Walmart customers: Fintech on aisle five

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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2021 payment industry trends
E-commerce Payments Trends

Payments in 2021: What’s ahead after the digital boom

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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Stripe cancels payment processing for Trump campaign
Cybersecurity E-commerce

Stripe stops payment processing for Trump campaign

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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Trump online stores closed by Shopify
Cybersecurity E-commerce

Shopify shutters Trump online stores

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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buy now pay later healthcare payments
Fintech Payments Technology Payments Trends

Buy now pay later for billion-dollar elective healthcare market

By Jeff Domansky, Jan 7, 2021 California-based fintech startup PrimaHealth Credit launched a ‘Buy Now Pay Later’ (BNPL) payment plan specifically designed for credit-challenged patients seeking elective healthcare treatments. According to the company, most healthcare lending products focus on the prime market, leaving behind 52% ...
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payment data automation
Fintech Payments Technology Payments Trends

Bill pay problems? How automation can help

By John Minor, Chief Product Officer for PayNearMe Jan 5, 2021 We all know the types of problems that can get in the way of a smooth payment transaction: exceptions, fraud, compliance concerns, human error, insufficient funds, and overloaded customer service teams, to name a ...
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false payment declines hurt business
E-commerce Fintech Payments Research

False declines cost merchants $20.3 billion

By Jeff Domansky, Jane 4, 2021 New research from Checkout.com and Oxford Economics shows that disconnected payments cost merchants more than $20.3 billion in the US, UK, France, and Germany last year. The research also identified those disconnects and where improvements can still be made ...
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2020 better forgotten
Payments Research Payments Trends

2020 year-end global payments news roundup

Dec 30, 2020 As 2020 fades into the rearview mirror, we’ve got a last look at a year notable for the stories of struggle, resilience, and survival in the payments world. It’s a credit to the industry that many grew their business and at the ...
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SE Asia e-commerce growth is substantial
E-commerce Payments Research Payments Trends

Pandemic pushes dynamic e-commerce growth ahead in SE Asia

By Jeff Domansky, Dec 17, 2020 Prior to the pandemic, the economies of SE Asia were booming, and e-commerce was showing substantial growth as well. A new PPRO report shows the region’s e-commerce growth even eclipses the more developed marketplaces during the COVID-19 crisis. The ...
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