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global payments news
E-commerce Payments Research Payments Trends

July 26 Global payments news roundup

We’ve got our weekly global payments news roundup ready for your reading pleasure. We start with a look at ActiveViam research showing 71% of retailers are concerned about getting outpriced by Amazon. For the first time, alternate payments now make up 51% of all online ...
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alternate payments in travel industry
Mobile Payments Payments Research Payments Trends

Alternate payments in the travel industry are taking off

A new research report from PPRO and Amadeus shows alternate payment transactions in the global travel industry have taken off and surpassed more than half of e-commerce travel transactions for the first time. Alberta, Canada Travelers now choose to pay for digital travel with alternative ...
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ActiveViam pricing concerns report
E-commerce Retail

71% of retailers fear outpricing by Amazon

New research by ActiveViam shows nearly three-quarters of retailers are concerned about their ability to compete with Amazon pricing. 71% said that they are concerned about being outpriced by Amazon — with 41% saying they are “very concerned.” In addition, 49% of respondents were concerned ...
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TSB opens bank accounts with selfies
Banking Mobile Payments

Smile, and open UK bank account with a selfie

TSB is the latest bank to enable bank account openings with a selfie, hoping to gain new bank customers, especially from the ranks of Generation Z, as well as Gen X, Millennials, “Cuspers”, and even a few smartphone-using Boomers. The bank partnered with Palo Alto, ...
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mobile payments research
Mobile Payments Payments Research Payments Trends

Research: Consumers opening their digital wallets in US, EU

Consumers will open their digital wallets 40% more and spend nearly $790 billion this year across Europe and North America, according to a new report from Juniper Research. The study predicts the largest growth in 2019 will come from instore payments, with mobile contactless payments ...
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global payments news
E-commerce Payments Trends Retail

July 19 Global payments news roundup

Another week, another $6.2 billion+ in record Amazon Prime Day sales. That’s our lead story and we’re sticking to it, even though some are saying it might have reached $7 billion. Some back-to-school shopping was done and the NRF estimates $80.7 billion will be spent ...
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Prime Day sales hit $6.2 billion
E-commerce Retail

Amazon Prime Day sales hit record highs

Amazon Prime Day is over and all that’s left is for Amazon head office to celebrate record sales and the rest of us Prime members to wait for our stuff to be delivered today or tomorrow. And what a two-day success it was as analysts ...
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US back-to-school spending will be $80.7 billion in 2019
E-commerce Retail

Back to school spending: Average spend up, total down

There’s good news and there’s not-so-good news with US back-to-school spending predictions this year. The National Retail Federation (NRF) and Prosper Insights and Analytics research show the good news is that average spending on most product categories will be up. The positive economy is a ...
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Latin America e-commerce growth
Banking E-commerce Payments Research Payments Trends

EBANX sees growth and opportunity in Latin America

Put aside any preconceived ideas or misconceptions about e-commerce in Latin America. E-commerce in the region is growing at 25% to 30% and past barriers to doing business and handling payments are fast disappearing with the growth of e-commerce, mobile adoption, new payments options, and ...
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TrueAccord uses AI for debt collection
Disruptive Technologies Fintech Payments Research Payments Technology

AI disrupting the US debt collection industry

With roughly 30 million Americans with at least one debt in collections according to the Federal Reserve, the Consumer Financial Protection Bureau (CFPB) is looking at new rules to regulate how third-party debt collectors contact debtors. New regulations could reduce the use of pestering phone ...
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