Friday , October 18, 2024

Search Results for: banking

12th Annual The 10 Most Pressing Issues in E-Payments

If understanding a problem is the first step toward a remedy, here are 10 first steps for the executives who must grapple with the complexities of payments every day. Well, here we are with our annual list of the 10 issues causing the most sleepless nights for payments executives these …

Read More »

Amazon Seeks Western Union E-commerce Aid and other Digital Transactions News briefs from 10/31/18

USA Technologies Inc., a vendor of payment-acceptance technology for self-serve machines, launched its ePort G9 in Canada. The device accepts contactless debit cards equipped with Interac Flash. The Western Union Co. said it has been asked by Amazon.com Inc. to develop a service that will allow overseas shoppers to pay …

Read More »

Shopify Adds Venmo and other Digital Transactions News briefs from 10/26/18

Online marketplace Shopify Inc. says it will add Venmo as a payment option, MarketWatch reported. PayPal Holdings Inc., Venmo’s parent, has been promoting a Pay With Venmo service to encourage more users of Venmo, known chiefly as a peer-to-peer payment app, to rely on the service for online purchases. The …

Read More »

New CEO Says Payments Are a ‘Big Part’ of Discover’s Growth Strategy

Discover Financial Services’s lending operations dwarf its payments business, but payments nonetheless are an important component of the company’s growth strategy, new chief executive Roger C. Hochschild said Thursday. Hochschild, who joined Discover in 1998 and served as its president and chief operating officer for 14 years, this month succeeded …

Read More »

Visa Token Service Adds 20 Requestors And Keeps the Service Free

Visa Inc. is banking big on its Visa Token Service with the addition of 20 acquirer, gateway, and technology companies signing up to offer the network token. The card brand Wednesday announced the additions, called requestors because they request tokens for the credit and debit cards processed through their systems. …

Read More »

What a Difference a Year Makes: Consumer Sentiment Shifts Substantially Toward Tech Firms

With technology companies increasingly eyeing financial services, a survey from Brookfield, Wis.-based bank processor Fiserv Inc. indicates 55% of consumers feel comfortable using a company like Apple Inc. or Alphabet Inc.’s Google to pay bills, up from 40% in 2017. Thirty-nine percent would take out a loan from a tech-company service, …

Read More »

Dear Diary: Why Did Payment Transactions Decline in October 2017?

Unless you’re talking about check-writing or cash usage, just about every measure of transactions and volumes in payments is up, up, up these days. But a new study from the Federal Reserve Bank of Atlanta says consumers actually made fewer payments in October 2017 than they did a year earlier. …

Read More »

ATM Surcharges Rise Again, but Foreign Fees Ease

The average ATM surcharge increased this year for the 14th year in a row, but ATM foreign fees eased a bit, according to Bankrate Inc.’s latest annual study of ATM and checking account fees. New York City-based Bankrate says the average surcharge is now $3.02, up 5 cents, or 1.7%, …

Read More »

COMMENTARY: Millennials, Check-Fraud Scams, and Three Practical Solutions: Part I

In the 2002 Oscar-nominated movie “Catch Me if You Can,” the audience meets one of the greatest con artists of the 1960s, Frank Abagnale (played by Leonardo DiCaprio). In addition to faking his identity and several professions (e.g., airline pilot, surgeon), Abagnale cashed over $2.5 million worth of forged checks …

Read More »

How to Tell Which Next-Great-Thing Will Be the Next Great Thing

Separating probable success from probable failure, in four handy rules. Every October, the payments hype machine goes wild. A variety of next-great-things are about to dominate headlines and conference agendas. Most will die off quickly, so here are four rules you can use to focus in the right places: Talk …

Read More »
Digital Transactions