We say hello to his week’s global payments news roundup and goodbye to the last weekend of the summer holidays. We start with $260 billion – that’s the amount of business lost by retailers due to shopping cart abandonment online. A social experiment from Lightico ...
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Surf and turf window shopping costs UK retailers billions. New research from Barclaycard shows that UK online shoppers abandon their shopping carts to the tune of £18 billion ($21.9 billion) annually. This behavior is not unique to British consumers either as US and other online ...
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The poor traditional banks. Under siege from digital bank startups and well-financed fintechs. Profitable now, but potentially less so in the future. Unless they can figure out a way to attract new, younger, digital-savvy customers. A new social experiment by digital customer interactions company Lightico ...
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Consumers are curious about mobile apps, but research shows they’re not doing much buying via company apps in the US to date. A PYMNTS/LISNR report surveyed 1,045 American consumers to learn how they use merchant apps to enhance in-store shopping and their interest in downloading ...
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Click and collect, also called buy online pickup in-store (BOPIS), is often touted as the next big thing in the last-mile delivery of online purchases to consumers. In fact, nine out of 10 UK retailers say click and collect is the fastest-growing delivery option according ...
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Is it still the summer holidays? You wouldn’t think so by the volume of news, and we’ve got global payments news highlights you can use. First, Comscore looks at how fast e-commerce is moving to mobile. US consumers are slow to embrace mobile and contactless ...
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The latest research from media analytics company Comscore shows mobile is making solid and sometimes surprising headway when it comes to the share of e-commerce spending conducted on tablets and smartphones. The takeaway is that mobile matters more every year and we’ve got highlights from ...
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By Matt Lang, Strategy Director and Will Hall, Chief Creative Officer of Rain When we visited the topic of voice-enabled shopping last year, we concluded that brands and businesses looking to take advantage of the new medium would need to do some significant legwork across ...
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New reports show a fast rise in ransomware attacks across the US. Last Friday, 23 Texas towns were hit in a coordinated attack by what is believed to be a single operator as yet unidentified. This followed earlier attacks in New York, Louisiana, Maryland, and ...
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In China and Europe, contactless cards and mobile payments are commonplace, even with small payments. But in the US, cash and debit for small purchases are still king, although there is change on the horizon according to a survey from CreditCards.com. For US consumers, contactless ...
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