Payments Technology

Payments Technology

chatbots in banking
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Will chatbots translate into savings and better service?

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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NatWestwill test biometrics bank card
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A biometrics bank payments card? Thumbs up!

Trouble remembering your payment card PIN number? Beginning in April, two British banks will test a bank card with a built-in biometrics scanner to enable more secure payments authentication. Royal Bank of Scotland and NatWest will test the new bank card with a built-in fingerprint ...
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biometrics authentication
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Biometrics Drive the Future of Payments

by Ned Hayes, General Manager, SureID It’s Monday, and you need a little brain fuel in the form of caffeine intake. When you pull up to the ordering station, you name your drink. When you order, you tap the kiosk with one finger. A moment ...
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Experian 2019 data fraud report
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70% of consumers will share data with benefits

Tightly woven into e-commerce and payments are the critical issues of trust and privacy for consumers. Experian’s Global Identity and Fraud Report found that 74% of consumers see security as the most important element of their online experience, followed by convenience. Security and convenience are ...
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global payments news
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Feb 8 Global payments news roundup

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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Australia NPP Payments via PayID
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Fast payments roll out nationally down under

The four major Australian banks reached a tipping point in the roll out of fast payments via the country’s new payments platform (NPP). ...
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Amazon Scout robot delivery
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Amazon Scout: Robot delivery to your front door

It’s official. Amazon announced a pilot program for Amazon Scout – a robot that will deliver your Amazon purchases to your front door. Six of the cooler-sized robots started testing deliveries in Snohomish County, just north of Amazon’s Seattle head office. Initially, the six-wheeled robot ...
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global payments
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Dec 28 Global payments news roundup

Today’s global payments news includes a look at payments trends for 2019, China’s fintech boom and rise of retail, more contactless payments coming for restaurants, Sears struggles, Fitbit Pay takes on Indian market, mergers and acquisitions, and much more. 7 key payment trends to watch ...
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ATM research facts
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What’s the future of ATMs?

Could ATMs go the way of the payphone and fax machine thanks to the decline in cash payments and the growth in digital and mobile payments and other fintech innovations? A new report from RBR Research shows the number of ATMs installed worldwide peaked at ...
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world payments news
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Dec 15 Weekly global payments news roundup

You’re probably elbows deep in holiday shopping crowds, and keeping the shelves stocked online and in-store. So, we’ve got a fast roundup of the best weekly global payments news for your weekend reading. Take a few moments break to read and catch up and then ...
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