JPMorgan Payments Says Invisible Payments Define Instant Checkout’s Future
JPMorgan Payments Says Invisible Payments Define Instant Checkout’s Future
March 13, 2023  |  Payment Methods

Instant checkout has been a long time coming. Go back a few decades, and Amazon had a patent in the 1990s on one-click checkout. The...

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Merchants Shift Focus to ‘Good Guy’ Strategy to Fight Fraud and Boost Conversions
Merchants Shift Focus to ‘Good Guy’ Strategy to Fight Fraud and Boost Conversions
March 13, 2023  |  Security & Fraud

The payments ecosystem spends 99% of its time and money on the 1% of the people who are out to exploit the system: the fraudsters....

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Latin America Is Becoming an eCommerce Paradise, but Companies Need a Guide
Latin America Is Becoming an eCommerce Paradise, but Companies Need a Guide
March 13, 2023  |  eCommerce

Still considered an emerging collection of economies, Latin America has nevertheless taken a lead in aspects of the digital transformation of payments, in some ways...

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SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
March 13, 2023  |  Connected Economy

The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It...

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Biometric Payment Cards Make a Comeback in Europe
Biometric Payment Cards Make a Comeback in Europe
March 13, 2023  |  Payment Methods

From tap-to-pay debit and credit cards to mobile smartphone wallets, contactless methods have been driving new waves of innovation in payments post-pandemic, buoyed by growing consumer demand...

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ChatGPT Will ‘Be in Everything’ GM Exec Says
ChatGPT Will ‘Be in Everything’ GM Exec Says
March 12, 2023  |  artificial intelligence

“ChatGPT is going to be in everything,” said General Motors Vice President Scott Miller. And eventually, that “everything” could include your new Chevy or Buick....

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Regulators Say Silicon Valley Bank Depositors Will Be Covered
Regulators Say Silicon Valley Bank Depositors Will Be Covered
March 12, 2023  |  Banking

Federal regulators have thrown Silicon Valley Bank (SVB) customers a lifeline. Officials from the Federal Reserve, Federal Deposit Insurance Corporation and the U.S. Treasury announced...

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The Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
The Bank of London Offers to Buy Silicon Valley Bank’s UK Operations
March 12, 2023  |  Banking

The Bank of London has offered to purchase the British operations of the collapsed Silicon Valley Bank. The clearing bank said Sunday (March 12) it...

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Signature Bank Shut Down and Placed Under FDIC Control
Signature Bank Shut Down and Placed Under FDIC Control
March 12, 2023  |  Banking

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC)...

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