When it comes to instant payments, the international banking network SWIFT has been anything but fast in recent years. That’s about to change with the organization’s announcement of a two-year strategy to implement faster payments. “SWIFT Operations Forum Americas Conference at the Convene Center in ...
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By Sunil Jhamb, Founder & CEO of WL Payments The e-commerce sector has grown steadily over the past few years, while international transactions have also become a regular phenomenon, especially in Europe where 23% of e-commerce[1] is cross-border. The COVID-19 crisis has further exaggerated these ...
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Matt Jackson, Head of Partner Development (EMEA) at PPRO Invisible payments have already had a massive impact on the physical and online retail experience and could have the potential to eradicate cash and payment cards from the payment journey. Amazon Go even went as far as removing ...
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When it comes to US e-commerce and COVID-19, we’ve got 10 things you really need to know about the impact of the pandemic on online shopping from an analysis by our friends at Digital Commerce 360. Consumers spent $347.26 billion online with US retailers from ...
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European shoppers in Budapest and Spain are shopping and paying with a wink and a wave with the launch of Hungarian fintech PeasyPay.Imagine. No more carrying your purse, wallet, smartphone, or credit card while shopping and paying for groceries, lunch at your favorite cafe, fresh ...
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By Kelvin Phua, Global Head of Payment Networks at PPRO The COVID-19 outbreak has seen the e-commerce sector surge. Despite economic uncertainty, consumers around the world are turning to the internet for the goods and services that they previously would have looked for in-store. In ...
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It’s been a season of uncertainty for US hockey, basketball, baseball, and now for NFL football fans. With NHL hockey playoffs well underway without fans in arenas, the NFL is getting ready to open a new season with widely differing plans to delay or allow ...
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Here are 10 important insights you need to know about payments and the US economy during the pandemic. The data comes from recent Bankrate research and the August 2020 Liberty Street Economics report from the Federal Reserve Bank of New York. 35% have less savings ...
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There’s one ballooning payments problem that simply isn’t going away soon. It’s the $1.6 trillion debt carried by an estimated 44.7 million American students. For years, policymakers and economists alike have recognized that growing student debt places a huge drag on the economy both for ...
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When it comes to online fraud globally, there’s good news and there’s bad news. According to a new report from TransUnion, the good news is online business fraud dropped 9% from the first phase of the pandemic (Mar 11 – May 18) and the second ...
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