The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them throughout their online and in-store journeys and...
We all heard the saying as kids when parents and teachers offered up these words of wisdom: You only get one chance to make a first impression. The aphorism holds true in retail, where merchants vie for the attention, and the dollars, of consumers day...
In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets are growing in accessibility, American consumers are still hesitant to embrace the broader capabilities of these tools. According to a PYMNTS...
Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38% of consumers in France made online purchases using their digital wallets, and younger generations, particularly Generation Z, are leading the...
November 25, 2024
The concept behind tokenization is straightforward. Sensitive data (often personal information) is replaced with a non-sensitive, digital representation (token). The simple concept is helping secure consumers’ identities, crafting a digital representation of the user that travels with them throughout their online and in-store journeys and serving as a passport, of sorts, for streamlined and secure […]
November 23, 2024
In the U.S., digital wallets have become popular for everyday transactions, yet their full potential remains largely untapped. While smartphones are everywhere, and digital wallets are growing in accessibility, American...
November 18, 2024
FinTechs are pursuing modernization to stay competitive, focusing on mobile capabilities and enhancing user experience. According to a PYMNTS Intelligence report, “The FinTech Innovation Agenda,” a collaboration with Velera, nearly...
November 11, 2024
In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to pay for everything from streaming...
November 26, 2024
Cross-border payment platform dLocal can now facilitate Pix payments directly within the Open Finance ecosystem, without redirecting users to bank apps. The company gained this ability by becoming a certified Payment Initiation Service Provider (PISP) in Brazil, authorized by the Central Bank, dLocal said in a Tuesday (Nov. 26) press release. The certification enables dLocal to deliver streamlined […]
November 20, 2024
India’s central bank says the country is making mobile payment links with several countries. Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar discussed those connections while speaking to reporters...
November 19, 2024
Google Pay is expanding its buy now, pay later (BNPL) options with the addition of Afterpay and Klarna. Afterpay’s BNPL is now available to consumers checking out online through Google...
November 13, 2024
Citi and the Bank of Shanghai have teamed to streamline payments for visitors to China. The payments solution announced by the two banks Wednesday (Nov. 13) is designed for the Bank of Shanghai’s TourCard —...
