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bitcoin ATM facts
Bitcoin & Blockchain Payments Technology

Bitcoin ATMs still growing in US and worldwide

While bitcoin has recovered value substantially in the past 30 days, rising last week above $10,000 in trading, adoption is also showing some encouraging signs based on the growth in bitcoin ATMs in the US and abroad. Bitcoin Depot recently reached 545 bitcoin ATMs in ...
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E-commerce Payments Research Retail

Valentine’s Day 2020 will warm retailers’ hearts

US consumers are expected to spend more than $27.4 billion this year on Valentine’s Day, an increase of 32% from last year. That’s enough to make many retailers’ hearts grow fonder for sure. The National Retail Federation (NRF) said US retail sales grew 2.7% in ...
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N26 Brexit exit
Banking Fintech

N26 plans a Brexit exit from the UK

One high-profile victim of Brexit is German digital bank N26 despite its notable success since launching less than two years ago in October 2018. By April 15, 2020, an estimated 3.5 million UK customers of the neobank will need to transfer deposits, move funds from ...
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disruption ahead for Asian banking
Banking Fintech

McKinsey: Asian banks must “disrupt themselves” to survive

McKinsey & Company is out with a new analysis of the future of banking in Asia and it may be an eye-opener for some. Asian banks traditionally looked to the West for product and service ideas and business models. That’s definitely changed in the past ...
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ChargeAfter POS financing
E-commerce Payments Technology Payments Trends

ChargeAfter gets Visa investment & network access

Point of sale financing platform ChargeAfter got a big boost with a strategic investment and network access to Visa’s network of sellers, acquirers and issuing banks. The new partnership provides Visa’s network of issuing banks access to ChargeAfter to offer Visa cardholders with more financing ...
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India market
E-commerce

Flipkart consolidates in India e-commerce market

The Indian e-commerce market is projected to grow more than 85% from $49 billion (INR3.4 trillion) in 2019 to $91 billion (INR6.3 trillion) in 2023, according to data and analytics company GlobalData. That compares to the estimated $586 billion-plus US consumers spent in 2019 on ...
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global coronavirus impact growing
Payments Trends

Coronavirus raises global fear for health & economy

Like the SARS pandemic before it, the new coronavirus has everyone on edge from health and immigration officials, manufacturers, tourism operators, and retailers to international traders, financial markets, and probably your neighbor next door worried about their own personal health risk and the unknown impact ...
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7-Eleven tests cashierless stores
Disruptive Technologies Payments Trends Retail

7-Eleven testing first cashierless store at head office

They’ve tried drone deliveries of Slurpees and now 7-Eleven is testing a completely cashierless store at its Irving, Texas headquarters. The fast-food giant announced the pilot in a news release saying a 700 sq ft, non-traditional convenience store is now operating and available for employees ...
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loyalty program fraud up 89%
Credit Card & Online Fraud Cybersecurity Loyalty

Loyalty program fraud growing fast; merchants unprepared

When it comes to loyalty program fraud, merchants are unprepared, and consumers are uninformed about the risk to their personal information and their hard-earned rewards according to e-commerce fraud prevention experts Forter. Loyalty program fraud is growing fast and merchants are simply not ready to ...
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Invoiced automated AR services
Banking Fintech Payments Technology

Invoiced hits $10 billion in automated accounts receivables

The global automated accounts receivables marketplace was estimated at $1.7 billion in 2019 and is expected to grow at an annual rate of 12.1% to reach $3 billion by 2024 according to research by MarketsandMarkets. The US is also one of the largest markets in the world for accounts receivable financing ...
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