Forbes reported that the EMV chip rollout in credit cards could lead to increased fraud in the U.S. In fact, Allen Friedman, director of payment services at Ingenico, told Forbes that “Sixty –seven percent of the UK-issued card fraud is from the U.S.” Therefore, said...
The shrinking global market is making acceptance of local currencies increasingly necessary for online merchants in particular as they expand into new markets. While this may complicate companies’ expansion plans, it also can help drive more sales and create differentiation for competitive advantages. However, it...
Consumers increasingly are using the Internet as a tool to learn about almost any product. But they’re not alone. In fact, more B2B buyers are turning to the Web to not only purchase work-related items, but also to conduct basic research on products and services....
Cloud and mobile commerce company Deem announced last week that it has new updates in its Deem@Work business, along with major investments in research and development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Hilton is laying down $550 million on the supposition that consumers, particularly Millennials between the ages of 18 and 34, want their hotel experience to be more seamlessly mobile compatible. Coming soon to Hilton brands – which includes both the midscale Hilton Garden Inn...
According to a new survey by KPMG LLP, nearly a quarter of bankers believe that “underbanked” customers—those who use only basic checking services—represent the biggest growth opportunity for their firms. This result nearly doubles results from one year ago, when only 12 percent of bankers...
From a leading card network’s digital ambitions to greater clarity on a social network’s payment strategy, this year’s earnings season has produced lots of interesting insights for folks in the payments industry. To bring it all together, PYMNTS.com has summarized what we’ve learned so far...
How can banks remain relevant with SMBs? By enabling innovators that solve their biggest payments, billing and banking problems. This may sound like heresy to a traditional banker but that’s the strong medicine that the industry has to take in order to serve SMBs. It’s...
Competing with disruptors is out and embracing disruption is in, says Capital One’s Head of National Small Banking and Digital Platforms Brian Hamilton. He told MPD CEO Karen Webster that FIs are wrong to think any differently and innovators are wrong to think that FIs...
