Digital Gains Often Come With Setbacks — And Criminality

The Setbacks And Criminality Of Digital Gains

One of the participants in one of the biggest payments megadeals to date has made recent gains — a good sign for all the changes on deck for 2019. Meanwhile, another major eCommerce player, this one focused on food, took a step back this week — at least according to some measures — in a reminder that the market can be unforgiving. Further gains came from the area of international payments – though when it comes to global transactions, even the newer, smaller ones that are gaining steam, criminals are making inroads there as well.

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    Data:

    74 percent: P2P transaction growth for Fiserv in Q4.

    17.1 million: Number of Grubhub’s active diners as of Dec. 31, 2018.

    20: Number of new countries that gained access to Western Union’s digital site in 2018.

    40 billion+: Number of cash-filled red envelopes sent annually to mark Chinese New Year.

    5 million: Number of food deliveries sent per month via the Postmates platform.