What a busy week in payments news around the globe! Amazon has canceled plans for a New York HQ. US retailers lost $300 billion in sales in 2018 due to markdowns. SWIFT plans to open access to its KYC database for corporate entities. PPRO sees ...
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Payments Trends
Payments Trends
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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New Feb 1 Foreign Direct Investment (FDI) regulations on e-commerce have the online selling business in turmoil in India. The new government regulations prohibit foreign-owned companies from restricting local retailers from their marketplace platforms or only selling products from preferred suppliers. Local Indian businesses have ...
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Our global payments news roundup is truly worldwide this week. Visa and MasterCard reported solid year-end financials, although both cards remain locked out of China during the trade dispute. In India, Amazon and Walmart’s Flipkart are scrambling to respond to new stringent e-commerce regulations on ...
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New research identifies key ways online retailers can increase sales by reducing friction and making the shopper journey smoother. In the whitepaper – Addressing the Pain Points in eRetail – Juniper Research identifies seven stages in the sometimes-bumpy road in today’s online shopper journey: 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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Happy Friday. As always, we’ve got a roundup of the week’s best global payments news to keep you up-to-date and one step ahead of the competition. MasterCard and Visa battle for Earthport while we wonder how 50+ consumers will make payments in the future. Microsoft ...
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Americans aged 50+ make up 35% of the population according to 2018 US Census figures. The American Association of Retired Persons (AARP) estimates these older consumers spend $0.51 of every dollar spent annually in the US. By 2030, these consumers will also spend as much ...
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Lots of payments industry news to cover as business picks up speed in January. The new Square business debit card doesn’t require a bank account and should get banks concerned. Fiserv acquires First Data for $22 billion in the biggest payments industry transaction ever. AMEX ...
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A new NPR/Edison Research report provides valuable insight into the fast-growing US smart speaker market. The total number of smart speakers in US households grew 78% to 118.5 million devices in December 2018 from December 2017. That means 21% of US consumers aged 18-plus now own ...
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