Consumer First Approach: How It Affects Competitive Payment Systems December 7, 2022 With all the new payment methods on the market, such as the increased adoption of the digital wallet, more credit card offers and the abundance of e-commerce tender types, there is a question that has risen: how can financial institutions (FIs) and card …
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Study: Digital Wallets Are The Most Popular Among New Payment Methods November 30, 2022 A recent study by PYMNTS in collaboration with Nuvei titled ‘New Payment Options: Why Consumers Are Trying Digital Wallet’ revealed much about the behavior of coming generations in relation to payments. This study surveyed consumers from the US, and was seeking …
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The Future of Embedded Payments November 23 2022 One of the most popular words in payments nowadays is ‘embedded payments’. But what are they, really? A recent article published by Payments Cards and Mobile is seeking to answer that question and more. In order to understand embedded payments, looking at the definition is a must. …
Europe: e-commerce is in decline while fraud continues to rise November 16, 2022 A recent analysis published by San Jose-based software company, Signifyd, revealed consumers are making an effort in order to spend less – and even scamming ecommerce companies, seeking free products. According to another report by McKinsey & Company, European consumers are turning …
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B2B Payments Organizations: Fighting Fraud Still A Top Priority In 2022 November 9, 2022 This week we take a look at the 2022 Global Payment Study released by provider of digital transformation, agile development and intelligent automation services, Endava (NYSE: DAVA). This study comes from a survey conducted in 2022, and comprised over 1,000 organizations …
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UK: A Class Action Lawsuit Has Been Served To Visa and Mastercard. November 2, 2022 Visa and Mastercard are facing a significant lawsuit in the UK; the class action lawsuit was served at the UK’s specialist competition tribunal and it involves a large number of claimants who allege they have been hit with unlawful interchange …
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UK: Inflation And fraud Worry Consumers As The Holiday Season Approaches October 26, 2022 The holiday season is fast approaching once again, and among the rising costs of living and cyber crime, the Brits are beginning to worry they won’t have enough funds to ‘manage the festive period’. As we have previously stated, fraud has …
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UK: Fraud has decreased, but it’s not quite a victory yet October 19, 2022 The latest fraud report covering H1 2022 has been released by UK Finance revealed that overall losses in revenue due to fraud have fallen, other fraud types have risen as cyber criminals adapt to the ever changing times. Fraudsters stole a …
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Europe: SMEs looking to expedite payment processing October 12, 2022 A recent study by banking-as-a-service (BaaS), Vodano, recently commissioned a survey among 2,400 senior European decision makers in small and medium businesses (SME) This survey revealed many businesses are not happy with the swiftness they receive their money after a purchase. More than half of …
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Study: consumers prefer recognizable payment methods October 5, 2022 Globalization has brought the entire world market to our fingertips in the last couple of years. It only takes grabbing your phone and looking for your desired item, and buying no matter what country it is from. This benefits merchants around the globe as their items …
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