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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Payments Trends
Payments Trends
A new report from Mitek/CI&T shines a light on the growing gap between the banking services small business wants and what banks are providing. It’s not a pretty picture. Three key findings should make banks very nervous about their tentative relationships with small business customers: ...
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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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What a busy week in the payments world despite the distractions in DC! Here’s your weekly global payments news roundup. Philly became the first US city to ban cashless stores totally. A Mitek survey looks at cross-border e-commerce and a recipe for success. We’ve got ...
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Are you already selling globally or unsure where to start or how to improve your cross-border sales? We’ve got some insight and tips from Shopify Plus that should help you tap into the estimated $3.5 trillion global retail e-commerce market. Some 57% of global online ...
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Credit and debit card payments account for the vast majority of the United States’ online purchases, particularly with the introduction of contactless payments. However, this doesn’t ring true for the rest of the globe. In fact, card issuers such as Visa and Mastercard only account ...
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While 2018 holiday shopping retail results were up a solid 5.2%, it’s the buy online pickup in-store (BOPIS) sales jump of 46% that got industry analysts attention. A new report from Bell & Howell and OrderDynamics has some answers on why shoppers are embracing BOPIS, ...
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It’s Friday and we’ve got a solid lineup of global payments news starting with a brand perspective on voice ordering, FedEx robot delivery tests, and a point-of-sale loan partnership between fintech Affirm and Walmart. Check JPMorgan CEO Jamie Dimon’s props for Square and a view ...
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Walmart and Silicon Valley lender Affirm announced plans to offer the 4000-store retailer’s customers loans at the point-of-sale (POS) online and in-store at most US Walmart locations. The companies hope a simple, point-of-sale purchase and POS loan will appeal to consumers tired of excessive credit ...
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Ten years after President Barack Obama signed the Credit Card Accountability, Responsibility and Disclosure Act of 2009 (Credit CARD Act), research by CompareCards.com shows consumers want more credit card protection. The act provided some key consumer protections. It limited banks’ ability to increase interest rates ...
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