Articles with tag: sea

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SCA for PSD2 could cost merchants more than EUR 100 bln in 2021

24 Sep 2020 | Digital Identity, Security & Online Fraud

CMSPI has released a research that shows how Europe-based merchants struggling with the COVID-19 pandemic risk losing more than EUR 100 billion in online sales in 2021.

CMSP, research, Europe, merchants, COVID-19, SCA, 3DS2, checkout, retailers, credit card, debit card, fraud, digital wallets, Apple Pay, PayPal, 3DS2

Groceries and electronics to drive online retail rebound for APAC

23 Sep 2020 | Ecommerce

A new forecast by Forrester has predicted that online retail sales will grow from USD 1.5 trillion in 2019 to USD 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3%.

Forrester, forecast, APAC, Asia, social commerce, research, online retail, retailers

Mobile ticketing transaction volume to grow by 220% between 2020 and 2023

22 Sep 2020 | Mobile Payments

A new study from Juniper Research has found that mobile ticketing transaction volume, including tickets purchased via contactless, in-app, and mobile messaging, will recover to pre-pandemic 2019 levels by 2022.

Juniper Research, contactless payments, mobile ticketing, COVID-19

In-car payments spend to exceed USD 86 bln in 2025

21 Sep 2020 | Mobile Payments

A new study from Juniper Research has found that the value of in-car payments, where a payment is made via embedded vehicle systems, will reach USD 86 billion in 2025, up from just USD 543 million in 2020.

in car-payments, Juniper Research, report, voice commerce

Advanced Fraud Solutions issues report on the rise of mobile deposit scams

15 Sep 2020 | Digital Identity, Security & Online Fraud

US-based provider of deposit fraud detection software Advanced Fraud Solutions (AFS) has announced the release of a new report, Beware of Mobile Deposit Scams.

Advanced Fraud Solutions, AFS, report, study, research, fraud prevention, mobile banking, mobile banking app, TrueChecks, securing transaction, cybersecurity, world

E-invoicing market to grow during 2020-2024, report

11 Sep 2020 | E-invoicing, SCF & E-procurement

Tech research company Technavio has released a report concerning the e-invoicing market and it is poised to grow by USD 6.93 billion during 2020-2024, progressing at a CAGR of over 19%.

e-invoicing, technology research, Technavio, invoicing, CAGR, trends, covid-19, pandemic, outbreak, industries, mobile payments, e-invoicing market, market vendors

Unified commerce aids retailers in Singapore amid COVID-19 challenges, Adyen data shows

10 Sep 2020 | Ecommerce

New data released by Adyen has underscored the importance of unified commerce retail in mitigating sector and wider economic turbulence caused by the coronavirus pandemic in Singapore.

Adyen, research, Singapore, ecommerce, retailers, payments platform, COVID-19, unified commerce

Smart checkout technologies to process USD 387 bln in transactions by 2025

07 Sep 2020 | Ecommerce

Juniper Research has revealed that the value of transactions processed by smart checkout technologies will reach USD 387 billion in 2025, up from just USD 2 billion in 2020. 

Juniper Research, research, smart checkout, user expercience, retailers, COVID-19, AI, chatbots, omnichannel experience

75% of Americans have changed brands during the pandemic, McKinsey study says

01 Sep 2020 | Ecommerce

Research from McKinsey aimed at the American ecommerce market has highlighted a shift in consumer behavior due to COVID-19 pandemic. 

McKinsey, research, study, ecommerce, United States, online shopping, COVID-19, coronavirus, consumer behavior, North America, pandemic

Tinkoff Business opens account for Thailand-based office of Aviasales

31 Aug 2020 | E-invoicing, SCF & E-procurement

Tinkoff Business has opened accounts for foreign companies operating in Russia and businesses launching branches abroad, the first customer being Aviasales

Tinkoff Business, Aviasales, Thailand, Russia, accounts, foreign companies, branches, travel search service, payroll, Tinkoff, cards, deposits, loans, Tinkoff Black cards, online financial ecosystem, financial services, lifestyle banking

TransUnion research shows that fraudsters decrease online schemes against companies

26 Aug 2020 | Digital Identity, Security & Online Fraud

TransUnion has revealed that fraudsters are decreasing their schemes against businesses, while COVID-19 scams against consumers are increasing. 

TransUnion, research, fraudsters, COVID-19, scams, fraud prevention solution, IDVision, iovation, fraudulent digital transactions, digital fraud, ecommerce, Kazakhstan, Greece, Cyprus, US, Canada, Colombia, Hong Kong, South Africa, UK, Gen Z, phishing, Baby Boomers, phishing scams

How tomorrow's bank will function digitally – interview with Wiseasy

25 Aug 2020 | Payments General

The Paypers sat with Li Yan, founder and CEO of Beijing Wiseasy Technology, to learn more about how will banking look like in the near future

Li Yan, Wiseasy Technology, banking, digital bank, digital wallets, fintech, smart POS, Wise Cloud, PayCloud, QR code, 4G

UK shoppers prone to buying from online marketplaces than directly from retailers

19 Aug 2020 | Ecommerce

New research by Adobe has revealed that more than half of the nearly 70% UK shoppers regularly buying online are doing so via marketplaces.

UK, shoppers, online marketplaces, retailers, research, Adobe, online shopping, high street retailers

Digital loyalty programme membership to increase to 48 bln in 2023

18 Aug 2020 | Cards

A new study from Juniper Research has found that memberships of loyalty programmes with a digital element will increase from 37 billion in 2020 to 48 billion in 2023 globally.  

loyalty programmes, Juniper Research, study, coupons, QR payments, credit cards

Challenger B2B payment providers to grow transactions by 42 percent by 2022

17 Aug 2020 | Payments General

A new study from Juniper Research has found that the volume of B2B payments facilitated by non-banks will exceed 53 billion in 2022, from a COVID-related low of 38 billion in 2020; representing 42% growth. 

Juniper Research, B2B payments, automation, digitalization

Japanese consumers prefer card payments to cash amid COVID-19 outbreak, finds GlobalData

14 Aug 2020 | Cards

GlobalData has revealed insights regarding Japan-based consumers’ shifting preferences towards card payments.

GlobalData, research, Japan, electronic payments, COVID-19, contactless payments, Seven-Eleven Japan, debit cards, credit cards, prepaid cards, Visa, Mastercard, JCB, American Express, Diners Club, cards issuers, payment settlement, merchants, card transactions, Sumitomo Mitsui Card, payment cycle

United Overseas Bank launches its digital bank in Indonesia

07 Aug 2020 | Online & Mobile Banking

Singapore-based United Overseas Bank (UOB) has launched its digital bank TMRW in Indonesia.

UOB, digital bank, digital, bank, Indonesia, tech, Singapore, United Overseas Bank, TMRW, banking, AI, artificial intelligence, data, account opening, transactions, chatbot, TMRW Intelligence Assistant, TIA, QR, payments, merchants, banks, National Non-Cash Movement, Quick Response Code Indonesian Standard, QRIS

Harnessing the power of Open Banking and Open Finance – exclusive interview with Moneyhub

06 Aug 2020 | Payments General

Sam Seaton, Moneyhub: Open Banking and Open Finance will be transformative to businesses and consumers alike

Sam Seaton, Moneyhub, interview, Open Banking, Open Finance, data, payments, financial wellness, APIs, Personal Financial Management, data aggregation, data enrichment, categorisation, analytics, COVID-19, financial inclusion, account aggregation, money management, account-to-account payments, PISP

UOB launches robo-advisor mobile app

04 Aug 2020 | Online & Mobile Banking

United Overseas Bank (UOB) has launched UOBAM Invest, a robo-advisory mobile app that offers retail investors in Singapore personalised investment portfolios.

UOB, robo-advisor, Singapore, United Overseas Bank, banks, UOBAM Invest, mobile app, retail, online, SNG1, Digital Advisor, MyInfo, PayNow, payments

Mobile operators to benefit from USD 100 bln direct carrier billing spend by 2025

03 Aug 2020 | Online Payments

Juniper Research has revealed that the total spend over direct carrier billing will reach USD 100 billion by 2025, rising from USD 37 billion in 2020. 

Juniper Research, research, carrier billing, subscription payments, Direct Carrier Billing: Market Outlook, Emerging Opportunities & Forecasts 2020-2025, mobile subscription, same-day delivery, payment methods, credit cards, digital wallets