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Consumers Are Receptive to the Unconventional Apple Card, Separate Studies Show
Apple Inc.’s new Apple Card is an unconventional animal with what some observers call ho-hum rewards, but separate studies released Wednesday show the card nonetheless could make a big splash. Research firm J.D. Power said its late June survey found “awareness is already remarkably high” for a product that offers …
Read More »A Survey Exposes Consumers’ Ambivalence on Voice-Activated Payments
Whether most consumers will ultimately use Alexa or Siri or some other voice-activated device to make purchases may depend crucially on how much money is at risk. As it turns out, slightly more than half of U.S. consumers would be comfortable using the technology to pay for relatively small-ticket goods …
Read More »Fiserv Offers Billers a Service That Lets Consumers Pay Bills From a Mobile Wallet
Fiserv Inc. on Monday announced a feature that lets consumers upload bills to a mobile wallet via a quick-response code, pay the bill, and have the bill automatically update with each new cycle. The move comes as billers seek ways to leverage rising mobile usage to digitize bills and hike …
Read More »A Core Group of Consumers Continues To Prefer Cash, Researcher Finds
The debut of cashless stores has led to pushback by several cities, the state of New Jersey, and a member of Congress concerned that card or mobile-payments-only options will leave cash-dependent consumers unable to shop in such stores. Now, new research from the Federal Reserve Bank of Atlanta concludes that …
Read More »Among Businesses, A Wider Array of Payouts to Consumers Is Gaining Attention
Consumer-payments services are starting to garner attention among businesses, with 76% of banks having corporate customers asking for automated business-to-consumer payment services. That’s the word from Bottomline Technologies Inc. in its 2019 B2B Payments and Working Capital Management Strategies Survey, released this week. The survey of more than 300 financial …
Read More »Younger Consumers Are Pushing for E-Gift Cards, Blackhawk Survey Finds
Physical gift cards may want to look over their shoulders, so to speak. Digital gift cards are gaining ground, especially among younger consumers, finds new research from Blackhawk Network Holdings Inc., a Pleasanton, Calif.-based gift card specialist. Chief among the results is that 41% of Generation Z consumers, generally those …
Read More »Blockchain Currency in The Caribbean; Enlisting Consumers and Tech in the Fraud Fight; Plus Weekly Recap
Eye on Contactless; Consumers Shouldering More Fraud Costs; Payroc Buys POS Tech Developer
Payment Card Fraud Declines, but Consumers Are Shouldering More Fraud Costs, Javelin Reports
Fewer consumers fell victim to payment card fraud in 2018, but fraud victims picked up more of the financial losses, according to Javelin Strategy & Research’s latest annual identity-fraud study. Based on the results of its 16th annual identity-fraud study, Javelin estimates that payment-related fraud affected 14.4 million consumers last …
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