US tax deadlines are near, but our global payments news roundup will give you a welcome distraction. We’ve got a look at worldwide digital commerce trends from 2Checkout, a snapshot of payments industry mergers and acquisitions, highlights of convenience store sales for 2018, and Amazon’s ...
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Mobile Payments
Mobile Payments
While identity verification using mobile devices is well established, Mitek just upped the game for financial businesses and companies wanting to provide desktop verification for customers as well. Mitek’s mobile auto-capture technology can now be enabled on desktop devices with the same high-quality capture and ...
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If millennials are a key target market, you’ll want to read the latest research from CouponFollow. Researchers outline how far and how fast millennials have moved into shopping online at the expense of off-line stores. All is not lost but understanding this important market will ...
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In China, more than 580 million people made a payment with their mobile phone last year and 68% used a mobile wallet for off-line payments. In many cases, this increasingly cashless society uses QR codes for purchases atlocations including noodle shops, fast food restaurants, electronics ...
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The payday loans industry is rightly criticized for contributing to a vicious cycle of poverty from its outrageous payments practices and high interest rates for low-wage workers who need an occasional payday advance loan. US payday loan companies typically charge $15 or more per $100 ...
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A new study from Juniper Research shows financial institutions will save an estimated $209 million in 2019 by using chatbots for customer service. By 2023, those savings could reach 862 million hours of time saved or $7.3 billion in operational savings globally. It’s no wonder ...
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A new report from Mitek/CI&T shines a light on the growing gap between the banking services small business wants and what banks are providing. It’s not a pretty picture. Three key findings should make banks very nervous about their tentative relationships with small business customers: ...
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What a busy week in the payments world despite the distractions in DC! Here’s your weekly global payments news roundup. Philly became the first US city to ban cashless stores totally. A Mitek survey looks at cross-border e-commerce and a recipe for success. We’ve got ...
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Credit and debit card payments account for the vast majority of the United States’ online purchases, particularly with the introduction of contactless payments. However, this doesn’t ring true for the rest of the globe. In fact, card issuers such as Visa and Mastercard only account ...
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In this week’s payments news, we’ve got an NRF prediction for 2019 retail sales growth of 4.4%. The Anti-Phishing Working Group says 38% of phishing attacks targeted payments information while the Identity Theft Resource Center reports nearly half a billion US consumer records were stolen in ...
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