New York City, the country’s largest, became the third US city to banish cashless-only transactions following similar bans in San Francisco and Philadelphia as well as the ban imposed by the state of New Jersey. Critics have long claimed cashless-only transactions disadvantage the poor, the ...
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Payments Trends
Payments Trends
By Stefan Merz, COO at PPRO The e-commerce market is set for exponential growth – it is predicted that global e-commerce retail sales are set to reach $4.9 trillion by the year 2021 – and the next 12 months will see this momentum continue. Its ...
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Back in July 2019, more than 50 banks and corporations signed up with SWIFT to initiate SWIFT GPI tracking of international payments as a way to enhance e-commerce and cross-border business in advance of the November 2020 deadline for users of SWIFT’s payments clearing system. ...
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It’s getting to the point where voice skills like Amazon Alexa and Google Assistant can do just about everything except give the kids a bath. The timing of announcements about services around the US Consumer Electronics Show (CES) shows how Amazon hopes to dominate in-your-auto ...
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Here’s your weekly global payments news roundup, all wrapped up in one handy reading package. Juniper Research reports global remittances hit $682.6 billion in 2018 with much more on the horizon. We look closely at the growth of fake five-star reviews on Amazon and other ...
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Remittances are a multi-billion-dollar industry and the latest Juniper Research offers valuable insight into the size of the market, the biggest sending and receiving countries, and what’s on the horizon for remittances in the future as a result of digitization. In 2018, international remittances through ...
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By Steve Villegas, VP Payment Partnerships, North America at PPRO Over the last decade, we have seen an explosion in FinTech ushering a new era of commerce. Payment innovations and new solutions have closed the technology gap and have connected consumers all around the world ...
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Global payments news was humming this week and we’ve got a news roundup to keep you on top of the latest developments. With a record US Black Friday sales weekend, fraud prevention firm iovation estimates 15% of transactions online were fraudulent. The record US Black ...
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Don’t be too fast to write off bricks and mortar retailers during this holiday shopping season. According to new research from Experian, 52% of consumers will shop in a retail store this year compared with 26% who plan to shop online and 22% on their ...
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Credit Suisse predicts India’s payments market will be worth more than $1 trillion by 2023. Guess who’s already dominating this burgeoning payments market? You might be surprised to learn that it’s two American companies that are leading the payments industry in India – Google Pay ...
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