Articles with tag: arc

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Goldman Sachs looks for deals to boost Marcus, Reuters

News | Online & Mobile Banking | 15 Jan 2021

Reuters has cited sources stating that Goldman Sachs is considering acquisitions to improve its consumer banking unit Marcus, after slowing loan and deposit growth in 2020 amid pandemic.

Goldman Sachs, Marcus, consumer banking, loan, deposit, pandemic, bank, M&A, digital banking

Is CDBC the key to unlocking financial inclusion?

Voice of the Industry | Cryptocurrencies | 12 Jan 2021

Gonzalo Santamaria and Jens Seidl from Currency Research discuss the potential CBDCs hold to create new opportunities to individuals that had previously declined financial access

Currency Research, Jens Seidl, Gonzalo Santamaria, commercial banks, central banks, CBDC, financial inclusion, payments, cashless, stablecoins, Bitcoin, cryptocurrency

QR code payment users to reach 2.2 bln globally by 2025

News | Mobile Payments | 11 Jan 2021

A new study from Juniper Research has found that the total number of QR code payment users will exceed 2.2 billion in 2025, equating to 29% of all mobile phone users across the world in 2025.

Juniper Research, study, research, QR code payments, mobile payments, cashless payments, digital payments, PayPal

China's share of the global luxury market nearly doubled in 2020

News | Ecommerce | 06 Jan 2021

A report by Bain and Company and Tmall Luxury Division has revealed that China’s share of the global luxury market nearly doubled in 2020.

Bain and Company, Tmall Luxury Division, report, research, China, global luxury market, Millennials, Gen Z, pandemic, COVID-19, online shopping behaviour

TagPay receives EUR 25 mln investment from Long Arc Capital

News | Online & Mobile Banking | 05 Jan 2021

France-based TagPay, a provider of an open core banking system technology for financial service providers, has announced a EUR 25 million investment by Long Arc Capital.

TagPay, Long Arc Capital, investment, open banking, funding, digital banking, core banking system

Corporate spending to power commercial prepaid growth in 2021-2024

News | Online Payments | 05 Jan 2021

Mercator Advisory Group has released a report that sizes up the US and Canadian prepaid share and growth, taking into account the effect of the pandemic.

Mercator Advisory Group, research, report, US, Canadia, prepaid, pandemic, COVID-19, payment methods, prepaid cards, digital payments, payroll, ecommerce

Stay-at-home lifestyle drives online subscriptions market surge

News | Online Payments | 05 Jan 2021

Mercator Advisory Group has released its Subscription Economy Accelerates as Stay-At-Home Lifestyle Spurs Demand report, that sizes up the US online subscriptions market and its future direction.

Mercator Advisory Group, report, research, Subscription Economy Accelerates as Stay-At-Home Lifestyle Spurs Demand, US, online subscriptions, subscription payments, ecommerce, merchant acquirers, payment gateways

Half of merchants not tracking mobile app orders for fraud despite surge in mobile use, Ravelin reveals

News | Digital Identity, Security & Online Fraud | 18 Dec 2020

Ravelin has revealed that 48% or merchants are not tracking consumer purchases on mobile apps for fraud, despite COVID-19 driving a huge increase in mobile app purchases.

Ravelin, research, study, merchants, fraud, COVID-19, in-app purchases, account takeover, BIN, mobile fraud

Arcadier, Rapyd partner for payment services for global marketplaces

News | Online Payments | 18 Dec 2020

Arcadier, a marketplace builder technology company, has revealed its partnership with global Fintech-as-a-Service company Rapyd

Arcadier, Rapyd, partnership, payment services, marketplaces, local payment methods

Cash-based options still respond for up to 20 percent of digital commerce in LATAM, EBANX reveals

News | Ecommerce | 18 Dec 2020

EBANX has revealed in its new study that cash-based payments are still very relevant for digital commerce in LATAM, and represented up to 20% of ecommerce volume in 2020.

EBANX, study, research, Beyond Borders 2020/2021, cash-based payments, LATAM, Latin America, ecommerce, boleto bancário

Tackle hidden payment charges to accelerate digital shift, suggests new Amadeus study

News | Online Payments | 18 Dec 2020

Amadeus has revealed in a new study that COVID-19 has accelerated digital payments by four years as 84% of travelers avoid cash.

Amadeus, COVID-19, pandemic, study, research, PPRO, business partnership, digital payments, contactless payments, mobile payments, local payments, Amadeus Travel Payments Guide 2020

One bad experience dilutes brand loyalty in financial services, research shows

News | Payments General | 16 Dec 2020

Two-thirds of financial services and insurance customers say one bad experience dilutes brand loyalty, Talkdesk research has revealed.

Talkdesk, research, CX, customer experience, brand loyalty, financial services

Mcommerce payments to rise to USD 3.1 tln in 2025; boosted by pandemic effect on wallets

News | Mobile Payments | 14 Dec 2020

A new study from Juniper Research has found that mcommerce payments will reach USD 3.1 trillion in 2025, from USD 2.1 trillion in 2020.

Juniper Research, study, research, mcommerce, ecommerce, digital wallet, OEM Pay, China, US, pandemic, COVID-19, BNPL, Buy Now Pay Later

Shoppers shift their share of ecommerce spending towards tickets and travel, Klarna reveals

News | Ecommerce | 11 Dec 2020

Klarna has released data that indicates shoppers in the US shifted their share of ecommerce spending towards intangible items during Cyber Week (30 November - 6 December 2020).

Klarna, research, US, shopping behaviour, consumer behaviour, ecommerce, intangible items, Cyber Week, Gen Z, Millennials, Gen X, Baby Boomers, online shopping

Google and Apple Pay chargebacks hardest to challenge, Ravelin reveals

News | Digital Identity, Security & Online Fraud | 10 Dec 2020

A research conducted by Ravelin has revealed that the majority of merchants are struggling to challenge Google Pay and Apple Pay chargebacks successfully.

Ravelin, research, merchants, friendly fraud, chargebacks, Google Pay, Apple Pay, credit cards, fraudsters, fraud, first-party fraud, biometric authentication

European Investment Bank offers EUR 15 mln in funding to IDnow

News | E-invoicing, SCF & E-procurement | 09 Dec 2020

The European Investment Bank (EIB) has announced that it will provide EUR 15 million of growth funding to the German identity verification platform IDnow.

European Investment Bank, IDnow, KYC, AML, supply chain finance, research, EGFF, EFSI, European Union

Consolidation in payments – upsides, downsides, challenges

Voice of the Industry | Online Payments | 09 Dec 2020

Marco Fava, Managing Director at CleverAdvice, makes a nuanced and detailed account of two of the most notable M&A stories of 2020 in the payments industry: Nexi-SIA and Worldline-Ingenico

Marco Fava, CleverAdvice, Nexi, Sia, Nets, Worldline, Ingenico, payments, online payments, mergers and acquisitions, merger, acquisition, Nexi Payments, Europe, Italy, France, Nordics, payments service provider, PSP, ATM management solutions, European Automated Clearing House Association, TARGET2, RTGS, Nexi SIA, Worldline Ingenico,

Onfido research finds increase in ID fraud

News | Digital Identity, Security & Online Fraud | 08 Dec 2020

Identity verification and authentication provider Onfido has announced the launch of its Identity Fraud Report 2020. 

Onfido, research, ID fraud, Identity Fraud Report 2020, report, identity verification, pandemic, COVID-19, coronavirus

Singapore's government launches blockchain innovation programme

News | E-invoicing, SCF & E-procurement | 07 Dec 2020

A group of Singaporean government agencies has announced it is launching a new research program for blockchain technology with about USD 8.9 million USD in funding.

Singapore, blockchain, SBIP, Enterprise Singapore, Infocomm, National Research Foundation, Monetary Authority, trade, supply chain finance, crypto, central bank

Global ecommerce transactions increased since November 2020, ACI Worldwide reveals

News | Ecommerce | 04 Dec 2020

New benchmark data from ACI Worldwide has revealed a 21% increase in ecommerce transactions globally in November 2020 compared to November 2019, due to earlier Holiday Shopping Season.

ACI Worldwide, research, ecommerce transactions, global merchants, fraud, chargebacks, non-fraud chargebacks