While 86% of United States consumers are aware of cryptocurrency, its actual ownership or use remains relatively uncommon, with just 16% of consumers saying they...
The number of registered mobile money accounts grew 13% in 2020 to 1.2 billion accounts worldwide — double the expected growth for that period. The...
The 34,000 companies operating in the United States’ wholesale food distribution industry generate about $991 billion in collective yearly revenue. Even as digital technologies advance,...
Although many businesses provide agile and secure payment methods for consumers, the pandemic exposed significant discrepancies in their abilities to provide the same to B2B...
The pandemic’s repercussions have been challenging for businesses, particularly small to mid-sized businesses (SMBs). A recent report from Ernst & Young found that 74% of...
Today’s consumers are tapping nontraditional banking and payment solutions more often, turning to neobanks or alternative payment solutions such as mobile wallets to conduct many...
Money laundering is a perpetual challenge for banks, payments providers and the oversight agencies assigned to monitor them. Experts estimate that up to 5% of...
Innovative digital banking technologies, including peer-to-peer (P2P) payments, mobile wallets and instant cards, offer CUs important avenues for attracting and retaining members, particularly younger consumers....
Single-function automated teller machines (ATMs) are on the way out, and worldwide deployment of multifunction automated deposit terminals (ADTs) is projected to grow 8% by...