Our weekly payments industry news this week features an update on synthetic identity fraud, record Q2 2018 target financials, e-commerce membership sales growth, a smart speaker for cryptocurrency purchases and voice shopping as well as our popular weekly global news roundup. Synthetic identity fraud is ...
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Payments Technology
Payments Technology
When it comes to payments apps, there’s a new sheriff in town. Square’s Cash App now has a total of 33.5 million downloads compared with PayPal Venmo’s 32.9 million cumulative downloads according to Nomura Instinet analyst Dan Dolev. “If the Cash App continues to grow ...
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It’s very surprising the check clearing system in the UK has not kept pace with new technologies in most other markets around the world. By the end of this year, UK financial institutions will all finally adopt a new image-clearing system that replaces a traditional ...
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Here’s what we’ll be reading this weekend in payments industry news, trends, research and innovations from around the globe. PayPal Cross-Border Consumer Research 2018 The new PayPal cross-border consumer research study is filled with insights for e-retail and e-commerce operators. Learn how online commerce, and ...
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Although 15% of consumers have made a biometric payment in the past year, research from Transaction Network Services (TNS) shows biometric payments are not ready to break through into common use according to a survey of more than 3,000 in the US, UK, and Australia. ...
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A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...
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This week’s payments industry news features an in-depth look at PayPal’s acquisition of mobile payments provider iZettle, research on the impact of real-time payments on merchants and our usual Friday global payments news roundup. Just in time for your weekend reading. PayPal acquisition of iZettle ...
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A new ACI Worldwide/Ovum payments research survey says 77% of merchants expect real-time payments to replace card payments in the near future. The report also offers other valuable insights into merchants and payments preferences and challenges. Most important to payments providers, 65% of merchants are interested ...
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Our newsletter looks first at MasterCard biometric cards that allow cardholders to verify their fingerprint at home. Next, we examine Shopify’s brand-new merchant payments features and some back-office improvements to their e-commerce platform. Finally, Microsoft introduces payments using its Outlook email program – an idea ...
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Shopify launched a basket of new merchant payment features at its annual Unite conference in Toronto, Canada. Chief among the new features were enhancements for retail products, new features to help marketing efforts and back office tools and enhancements for more efficient business operations. Shopify ...
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