UK: Cash Usage Sees Growth For The First Time In A Decade September 20, 2023 For the first time since 2012, cash payments increased by 8% in 2022 – accounting for 6.2 billion payments. The reason for this surge – however small, and still 30% below pre-pandemic levels – can be attributed to different factors …
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White Paper: The Future Looks Soft(POS) September 13, 2023 RS2 recently unveiled a new white paper where they talk about soft POS solutions installed on mobile devices and how we will be seeing a lot more of it in the coming months and subsequent years at a global scale. As technology progresses, consumers have a …
Digital Wallets Are Set to Surpass $16 Trillion Globally in 2028 September 9, 2023 A new study by Juniper Research revealed digital wallet transactions will go up 77% from 2023 to 2028 – this represents an increase of $7 trillion The reason for this can be traced to the rapid growth in markets that are …
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A New White Paper Focuses On Helping European Businesses Reduce Cart Abandonment August 30, 2023 A new white paper by JBC international aims to help European merchants with a prevalent issue in e-commerce: cart abandonment. The e-commerce market around the globe is experiencing steady growth, and it’s expected to cross the $6.3 trillion threshold this …
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The Language of Fraud: How Scammers Dupe Consumers August 23, 2023 In recent years, fraud has grown exponentially. I personally can think of four personal emails that were clearly an attempt to get at my information – and my mother lets me know on the daily that she received a suspicious email and to please …
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SMBs Could Get a Much Needed Lift for Cross-Border Payments August 16, 2023 Ever since the dawn of commerce, small businesses have been boosting economies around the world, and today, small-to-medium (SMBs) have the same role. However, even though they are important, they have historically been underserved by financial institutions, especially when it comes to …
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Gen X Uses Buy Now, Pay Later As Much As Younger Demographics August 9, 2023 June saw a collaboration between PYMNTS and Sezzle, titled “The Credit Economy: How Younger Consumers Make Credit Decisions,” which revealed that Buy now, pay later (BNPL) payments are rising in popularity. It was previously thought that BNPL was only popular …
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The Future of Point of Sale (POS) systems August 2, 2023 The first credit card was introduced all the way back in the 1950s, since then, payments using Point of Sale (POS) have changed a lot. Nowadays, the payment options are nearly limitless: debit, credit, mobile payments and more, and after the rapid evolution of …
UK: Immigrants Face Difficulties When Applying for Credit Services July 27, 2023 As a result of the changing financial situation all across the globe, people are being forced to cross borders and establish roots in other countries or even continents. A new report published by Nova Credit and titled ‘10 million UK immigrants – a …
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New Report Shows Customers Prefer Brands Who Offer Embedded Finance Products July 19, 2023 It is plain to see that the cost of living is rising across the globe, prompting customers to adapt to these uncertain times. In the UK, consumers are responding to it by keeping a close eye on their spending. New research …
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