A new Transaction Network Services (TNS) report shows connected car and other internet of things (IoT) payments are getting traction with consumers. The survey of more than 3100 consumers in the US, UK, and Australia shows 26% of respondents that own a voice assistant have ...
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Payments Technology
Payments Technology
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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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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Fidelity National Information Services’ (FIS) $43-billion cash-and-stock deal to merge with payments processor Worldpay Inc is another step in the sweeping shakeout and repositioning happening within the global payments industry. The merger follows Fiserv’s $22-billion deal to buy First Data Corp two months ago. The ...
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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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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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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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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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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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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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