The adoption of digital payments and the number of people who are doing their shopping online has accelerated rapidly in Latin America this year. While the region still trails most parts of the world in terms of the percentage of people who have access to...
Contactless payments accounted for more than half of all U.K. card transactions in September, according to a new report from the trade association UK Finance. The group’s latest Card Spending report was released on Thursday (Dec. 16), offering a monthly snapshot of the value and...
Cash management, logistics and payment solutions firm Brink’s Company is introducing a new product brand called BLUbeem by Brink’s, a digital cash solution to speed and simplify digital payment methods, according to a press release on Thursday (Dec. 16). Customers using BLUbeem get a tech-enabled...
Retailers tend to move from one acquirer to another, and most often it’s out of the frying pan, into the fire because they are simply getting a different, slightly less costly service which is not necessarily a better package than what they had before. It’s...
JCB International Co., Ltd., announced Tuesday (Dec. 14) that it has expanded its European partnership with global integration payments platform Planet, making Planet a JCB acquirer across Europe for both in-store and eCommerce transactions. The partnership expansion includes JCB Contactless, with J/Secure 2.0-enabled eCommerce, which...
While consumers’ shopping and payment preferences are evolving in tandem with the technological and socio-economic realities of their lives today, debit cards and credit cards remain the payment methods they most commonly use. Debit trumps credit usage when consumers shop in physical stores, while credit...
Crises motivate people, companies, and even entire ecosystems to action. Shailesh Kotwal, vice chair of payment services at U.S. Bancorp (parent company of U.S. Bank), told Karen Webster smaller and mid-market companies are increasingly embracing — and demanding — holistic solutions from their financial services...
Why are FinTechs threatening to upend the traditional banking industry? As is generally the case when an agile David goes up against a lumbering Goliath, the newcomers have a shot at winning largely because the old guard lets them. So the massive entry of FinTechs...
The pandemic has accelerated the growth of real-time payments (RTP), with banks, merchants and consumers seeking ways to send and receive funds domestically as well as across borders quickly and easily. According to a recent PYMNTS report, more than 70 billion real-time payments were processed...
