Welcome to our weekly global payments news roundup with all the payments, fintech, and e-commerce news you need to know. We look at several challenger bank updates and closures, consumer coronavirus payments and shopping trends, global contactless spending data from Visa, coronavirus analysis from McKinsey ...
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Payments Trends
Payments Trends
As consumer buying behaviors change quickly during and post-pandemic, the payments world is also going through significant changes. While contactless payments were very slowly gaining traction, particularly in the US, COVID-19 risk factors have forced consumers to change how they pay. In fact, Mastercard reports ...
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In a headshaking, tone-deaf move especially during the coronavirus pandemic, the brain trust at Ticketmaster has decided to add to the misery of consumers who bought tickets for concerts now canceled, postponed or delayed indefinitely due to the COVID-19 crisis. If you need a refund ...
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A new report by payments company Flywire says 67% of international students are concerned if they can’t use their tuition payment method of choice at UK universities. While the report has a direct impact on the recruitment of international students by universities in the UK, ...
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The weeks are sliding by slowly as we all stay at home and wait out the COVID-19 crisis. Today, on this Good Friday, we’ve got another big roundup of global payments, fintech, and e-commerce news. It feels like there are not quite as many clouds ...
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We’re starting this week with a big global payments news roundup since there’s so much going on in the payments, fintech, and e-commerce industry around the world. We hope you find the business intelligence valuable and that you’re staying safe and healthy during these trying ...
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It’s a sad reality that so many businesses have closed, laid-off employees, seen massive revenue decreases, and suffered other harsh impacts from the coronavirus pandemic. Many businesses have been forced to go into crisis management and survival mode as a result. But some companies are ...
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By: Steve Villegas, VP of Payment Partnerships at PPRO There is a constant debate on whether global economies should continue to offer cash payments or go cashless by converting solely to digital. Critics say this move would disenfranchise unbanked, cash-dependent consumers and does not drive ...
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Only about one-third of US workers can work from home and they earn about 45% of the country’s wages. Being the first of the month, there are millions of rents, business leases and other payments due. The big question, is what happens with them? In ...
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It was inevitable. You can get pretty much Anything-as-a-Service thanks to the cloud. That includes payments, banking, insurance, investment advice, cloud storage, clothing, groceries, and now coffee. That’s right. Coffee-as-a-Service, for just $8.99 a month, courtesy of Panera Bread. Right now, millions of impoverished students ...
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