By Augusto Lins When it comes to adopting digital payments technology – the US market is a well-known laggard. In fact, as of 2019 – cash and checks still account for almost half of all SMB payments. However, COVID-19 has been a stress test for ...
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Banking
Banking
By: Tristian Chiappini Asia-Pacific (APAC) is both a fascinating and complex region when it comes to its e-commerce landscape. With the ubiquitous use of e-wallets and other local payment methods (LPMs), it will come as no surprise the region will account for two-thirds of the ...
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A new study from Juniper Research predicts the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020. This 30% growth will take two years for recovery following the devastating economic impact of the coronavirus ...
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In a new partnership with Visa, technology platform ChargeAfter becomes the first fintech to offer Visa installment point-of-sale payments in the US which should be welcome news for both struggling merchants and hard-pressed consumers. With the launch of Visa’s installment solutions on the ChargeAfter platform, ...
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New research from McKinsey shows Canadian consumers avoided cash and bank branches in May over the fear of COVID-19 and turned to contactless payments to fill the gap. The survey found that 42% of Canadians decreased their use of cash compared to only 26% in ...
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Merchants, payment gateways, credit card issuers, and banks and have long battled the problem of orders falsely declined as part of fraud prevention programs often operated in isolation by partners in the payments system. Experts estimate losses to merchants could be as high as 10% ...
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Not only will Americans be banned from travel to Europe, the big US payment companies may soon face competition by a new credit card system in development by 16 European banks. The new pan-European payments system is called the European Payments Initiative (EPI) and will ...
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“Bank heist! How insiders stole millions and threatened the cybersecurity of more than 12 million South African bank customers.” It’s got all the makings of a made for the movies bank robbery. This was a criminal plot to steal the 36-digit code and “master key” ...
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A new partnership of CPI Card Group (CPI) and Visa is another step forward in reducing ocean waste by using recycled plastic to create attractive new debit, credit, and other plastic payment cards. CPI’s Second Wave ™ card is recovered from ocean-bound plastic waste, recycled, ...
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By Darrell Cox, CFO at Vena Solutions For companies today, being ready to pivot is—simply put—pivotal. Business conditions are ever-evolving, and change will continue to be constant. And as organizations look to navigate the road ahead, it’s strategic finance teams that are leading the way, ...
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