Banking

Banking

cash is still used in 31% of US consumer transactions
Banking Payments Research Payments Trends Slider

Is cash still a factor in payments?

Here at Payments NEXT, we love to explore the world of payments of all kinds from credit and debit cards and the latest fintech innovations to mobile, contactless, cashless, biometrics, POS, and every future payment possibility on the horizon. Once in a while, it’s important ...
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ATM installs are down 6% globally
Banking Payments Research Payments Trends Slider

The case for cash, ATMs, pay phones, and pizza

Remember when you last went looking for a pay phone and found one? I can’t. It’s probably been 15 years. We could be seeing the early stages of a similar trend for ATMs if a new research report from London-based RBR is any indication. Researchers ...
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fintech news
Banking E-commerce Fintech Slider

May 17 Global payments news roundup

While the tariffs tiff continues, we’ve got other global payments news to keep you ahead of the curve. We start with a business and payments industry look at the impact of China tariffs. AI is getting deeper into the payments business and online grocer Farmstead ...
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MasterCard buys Transactis
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Mastercard swipes more business invoice expertise

What’s one of the biggest friction points for small business today? If you answered getting invoices paid quickly and easily, you’d also have the answer to why MasterCard is buying digital transactions company Transactis. Mastercard says 44% of the 15 billion bills Americans pay each ...
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imposter email
Banking Cybersecurity Slider

Proofpoint research: Imposter email attacks on FinServ grew 60%

New research from cybersecurity firm Proofpoint shows that imposter email and email phishing attacks on global financial services companies grew 60% over last year. The FBI estimates that business email compromise (BEC) has cost organizations around the globe a potential $12.5 billion since the end ...
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MasterCard acquires Vyze
Banking E-commerce Fintech Payments Trends Retail

MasterCard enters POS loan space with Vyze acquisition

Mergers and acquisitions in the payments industry are growing as indicated by MasterCard’s purchase of fintech point-of-sale financing platform Vyze. According to Accenture, point-of-sale (POS) loans are a $1.8 trillion business opportunity. “Both consumers and businesses want the best choice and service, exactly when they ...
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Chase e-gift cards
Banking E-commerce Loyalty

Chase launches US e-gift cards

Chase checking account customers in the US can now send digital gift cards to other US residents instantly using the Chase mobile app or Chase.com. All that’s required is a recipient’s email address. “Our digital gift cards make it more personal than sending a person-to-person ...
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JPMorgan adds real-time EU payments
Banking Payments Technology Payments Trends

JPMorgan adds EU instant payments with SEPA

This week, JPMorgan added European instant payment services for its clients with the launch of SEPA Instant in the EU. This makes it the first bank to offer real-time payment services in USD, GBP, and EUR. “Adding SEPA Instant is another step towards offering real-time ...
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global payments news
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Mar 29 Global payments news roundup: Apple Card, cashless bans, biometrics

Your Friday roundup of global payments news is ready for launch. We start with a look at 2018 gift card preferences and what’s on the horizon. Then we move over to China for a look at a boom in biometrics payments. Ever ordered dinner from ...
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global payments news
Banking E-commerce Payments Trends Retail Slider

Mar 22 Global payments news roundup: Branch, Verifi, ZestFinance, more

Welcome to Payments NEXT’s weekly global payments news roundup. The week started with a bang with the planned $43 billion FIS/Worldpay merger. We covered several new product launches including Verifi’s self-service chargeback service, Branch’s new payday loan features, and ZestFinance’s bias-free lending platform. We also ...
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