We all know the impact of the rapid rise of mobile transactions on e-commerce businesses. According to ThreatMetrix, in the last three years, mobile transactions have grown three times more than desktop transactions. By the middle of this year, mobile transactions, including new accounts, logins and ...
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In this week’s global Payments NEXT newsletter, US startup Zippin is showcasing its next-generation checkout-free technology. Walmart is testing an innovative crowdsourcing delivery program that could take off. IBM has now made its blockchain-based bank payments and clearing technology available. Amazon Pay entered the challenging ...
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Here’s what caught our attention in global payments news this week. IBM has now launched its blockchain payment clearing network for banks. Check out how cashierless stores are impacting retail. Amazon Pay enters the Japanese market in partnership with Nippon Pay and Instagram is building ...
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In Japan, 80% of consumers pay for transactions with cash. That’s why Amazon Japan’s decision to introduce Amazon Pay in partnership with startup Nippon Pay shows they are in the cashless payments market for the long term. With only 20% of Japanese consumers using other ...
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A new report from Kount and The Fraud Practice examines card-not-present (CNP) false positives which are poorly understood and frequently mismanaged aspects of risk management. Most merchants focus on chargebacks and fraud losses, but false positives are another major source of lost revenue, negative reputation ...
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A new report from Juniper Research says password-based solutions are increasingly impractical, and service providers have begun testing alternative second factors; ‘something I am’, such as a fingerprint, iris, facial feature or vein pattern to establish an individual’s identity. Biometric identities provide an extra layer ...
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Welcome to the weekly edition of Payments NEXT news. We go in-depth to look at cashier-less checkout trends, cross-border e-commerce success tips, Amazon fake products and Google Pay’s new program to offer loans by mobile app in India. As always, we wrap up with our ...
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Lots of news, innovations and new developments in payments news this week. Here’s a collection of what we’re reading and what you need to know. Report: Google, Mastercard Cut Secret Deal to Track Retail Sales Google and Mastercard reportedly drafted a secret deal in which ...
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With the opening of its second store in Seattle, Amazon Go is in the vanguard of the cashier-less checkout movement. Though checkout automation has been a goal for many retailers, some have struggled with concepts from self-checkout to full cashier-less checkout and it remains a ...
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Statista reports the number of global online shoppers between 2014 and 2018 jumped by 36%, growing from 1.32 billion to 1.79 billion people. According to Braintree, PayPal’s mobile web payment system, cross-border shoppers also want their shopping experience to be simple and painless. Cross-border challenges ...
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