PYMNTS Study

75% of Acquiring Banks Now Use Artificial Intelligence to Detect Card Transaction Fraud
75% of Acquiring Banks Now Use Artificial Intelligence to Detect Card Transaction Fraud
December 28, 2021  |  Artificial Intelligence

Acquiring banks are under intense pressure to process transactions efficiently while detecting and preventing fraud attempts. That’s a growing challenge due to recent increases in both...

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PYMNTS’ Disbursement Tracker: Paper Checks Aren’t Going Away Yet
PYMNTS’ Disbursement Tracker: Paper Checks Aren’t Going Away Yet
December 27, 2021  |  Disbursements

As much as we’d like to think the day of writing and mailing checks to pay bills is over — or even close to being...

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91% of UK SMBs Trust Their FIs But Still Face Banking Challenges
91% of UK SMBs Trust Their FIs But Still Face Banking Challenges
December 27, 2021  |  SMBs

Despite the pandemic’s impacts, small and medium-sized businesses (SMBs) continued to grow in the last year, with 32% more SMBs formed in 2020 than in...

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42% of Cross-Border Firms Use Blockchain-Based Smart Contracts That Trigger Payment 
42% of Cross-Border Firms Use Blockchain-Based Smart Contracts That Trigger Payment 
December 23, 2021  |  Blockchain

Decentralized finance solutions have transformed the payments landscape, presenting a new vista of possibilities for seamless cross-border expansion for multinationals and businesses aspiring to launch...

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US Multinational Businesses Wait 53% Longer to Receive Cross-Border Payments Than Domestic Payments
US Multinational Businesses Wait 53% Longer to Receive Cross-Border Payments Than Domestic Payments
December 22, 2021  |  B2B Payments

Global eCommerce activity has surged over the past year, presenting prime growth opportunities for enterprises. These opportunities come with several challenges, however. Enterprises must meet cross-border...

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21% of US Consumers Are Interested in Using BNPL to Pay for Groceries
21% of US Consumers Are Interested in Using BNPL to Pay for Groceries
December 22, 2021  |  Buy Now Pay Later

More retailers are making a buy now, pay later (BNPL) option available at checkout, as they are finding that the increasingly popular payment method allows...

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67% of Consumers Want a Super App to Manage Their Digital Activities
67% of Consumers Want a Super App to Manage Their Digital Activities
December 21, 2021  |  Connected Economy

Consumers want to consolidate their digital experiences into a single interface. In fact, 67% of all consumers would be interested in integrating at least two areas...

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Europe to Account for 28% of Cross-Border eCommerce’s Trillion-Dollar Sales in 2022
Europe to Account for 28% of Cross-Border eCommerce’s Trillion-Dollar Sales in 2022
December 21, 2021  |  eCommerce

According to a recent PYMNTS report which examines the latest cross-border retail payments developments, cross-border eCommerce sales are expected to continue soaring next year as...

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60% of the Acquirers Using AI Systems to Detect Fraud Consider It Their Most Important Anti-Fraud Tool
60% of the Acquirers Using AI Systems to Detect Fraud Consider It Their Most Important...
December 21, 2021  |  Artificial Intelligence

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