It’s very surprising the check clearing system in the UK has not kept pace with new technologies in most other markets around the world. By the end of this year, UK financial institutions will all finally adopt a new image-clearing system that replaces a traditional ...
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For the first time in the UK, debit cards have taken over from cash as the consumers’ preference for payments. New research from UK Finance shows consumers made 13.2 billion debit card payments in 2017 compared to 13.1 billion payments in cash. This comes a ...
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Here’s what we’ll be reading this weekend in payments industry news, trends, research and innovations from around the globe. PayPal Cross-Border Consumer Research 2018 The new PayPal cross-border consumer research study is filled with insights for e-retail and e-commerce operators. Learn how online commerce, and ...
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Instead of taking days or weeks to pay out non-glass insurance claims, a new service from Safelite Solutions and Ingo Money could pay accident claimants within hours. Safelite Solutions SVP of Strategic Client Sales & Support Jon Cardi said in a PYMNTS.com interview, “This is ...
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Despite the hype and estimates that voice shopping could reach $40 billion in annual sales within several years, research shows that consumers simply aren’t sending off their orders via Google Home and Alexa yet. A report by tech newsletter The Information shows that only about ...
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Although 15% of consumers have made a biometric payment in the past year, research from Transaction Network Services (TNS) shows biometric payments are not ready to break through into common use according to a survey of more than 3,000 in the US, UK, and Australia. ...
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It’s been a busy week in global payments news and we’ve got a roundup of the latest payments trends, payments research, and innovations for your weekend reading pleasure. Apple Pay and other mobile payments will count for 1 in 3 in-store transactions by 2020 The ...
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The changing customer and technology landscape is having a huge impact on retailers in-store and online. A recent Retail Wire presentation provided a look at the most recent research and what merchants can expect in retail payments in the future. Mobile matters to e-commerce sales ...
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A new report from Juniper Research says in-store contactless payments will reach $2 trillion by 2020, representing one-third of the total point of sale transactions. Driven by payment cards and mobile wallets, contactless payments will reach $1 trillion by the end of this year, a ...
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Forget free shipping and other online shopping incentives. Walmart and Waymo are partnering to test free, driverless vehicle rides to take customers to Walmart stores to pick up groceries. The pilot program in Phoenix, lets customers order their groceries on Walmart.com and then get a ...
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