A busy week in payments news already. We’ve got a roundup of the latest global payments news to keep you in the know and out in front of the latest industry developments. The Merchants Payments Coalition says the Credit Card Competition Act could save merchants ...
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Payments Research
Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. But, traditional payment modes – checks, Automated Clearing House (ACH) and physical credit cards still cling to life in ...
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Welcome to our new weekly PaymentsNEXT Newswire Roundup. Every Friday, our editorial team provides a quick capsule and links to the week’s most relevant payment industry news releases. News, Technology & Deals SEON’s latest report confirms that Europe leads the world in cyber threat protectionFinancial ...
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By Greg Cohen, CEO of Fortis Economic uncertainty has always been a variable for businesses. Still, with public market valuations down, inflationary pressures, a war in Eastern Europe, post-COVID reeling supply chains and rising interest rates, many are certain a recession is near. Even if we ...
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New research from open banking platform Tink shows young UK bank customers expect their financial service providers to demonstrate stronger environmental credentials. And many are willing to switch banks for greener options. The Feb 2022 survey of 2,000 UK customers showed that younger consumers are ...
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By Jeff Domansky The fraud landscape shifted dramatically as criminals boldly increased the hijacking of victims’ online lives with the cost of fraud jumping to $52 billion according to the 2022 Identity Fraud Study: The Virtual Battleground by Javelin Strategy & Research. Traditional identity fraud ...
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By Jeff Domansky While Amazon and Visa settled a simmering dispute over credit card processing fees, US merchants have ramped up a campaign to convince legislators to examine the impact of credit card processing fees on small businesses. In November 2021, Amazon had announced plans ...
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Here’s the global payments news we’re keeping an eye on this week. A new one-click payment release by Bold Commerce, a BOPA delivery alternative for shoppers, a big jump in BoA client payments, and a Union Pay/Fiserv partnership is on the radar. APIs and future ...
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Welcome to our final payments news roundup and post for this year. A new Nilson report says we can look forward to $408.5 billion in losses globally due to fraud by 2030. Community Banks are expected to create a new payments network to challenge Zelle. ...
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By Jeff Domansky As cross-border business grows, alternate payment methods (APMs) are gaining popularity for their direct impact on the bottom line. New markets generate new revenue but also create new challenges, including offering local or regional consumers their choice of payment preferences. A report ...
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