“Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. I disagree. What is more, I think banks that are not prepared for such new competitors face certain death.” This statement,...
New research conducted by Artisan Mobile and released on November 27 has revealed that 77 percent of consumers will make purchases through mobile apps this holiday season. Perhaps even more importantly, 80 percent of consumers now say that they browse and buy products through smartphone...
Fueled by buzz generated from a savvy early partnerships with Apple and Microsoft, and a loyal customer base willing to delay purchases to cash in on promotions, Kirkland, Washington-based startup Pirq enjoyed a rash of success in early 2012 as a viable competitor to Groupon...
Businesses are turning to mobile technology to conduct product investigations and for purchasing, Internet Retailer reported on November 21. New Forrester Research cited by report found that 52 percent of businesses make purchases with tablets, with an equal number of respondents saying they buy things...
21 November 2013 Payments, savings, borrowing, insurance, these services form the backbone of our daily activities, allowing buyers and sellers to generate income, save for large purchases and guard against potential risks to these plans. Yet, for nearly 3 billion global consumers across the globe,...
21 November 2013 Payments, savings, borrowing, insurance, these services form the backbone of our daily activities, allowing buyers and sellers to generate income, save for large purchases and guard against potential risks to these plans. Yet, for nearly 3 billion global consumers across the globe,...
Mississippi-based payment fraud prevention specialist SecureBuy has announced plans to donate access to its SecureBuy 2.0, 3-D Secure MPI to online retailers through a 10-year royalty-free license, a press release revealed on November 19. Best known as Verified by Visa, MasterCard SecureCode and American Express...
It’s a sobering reality: Despite all the advances that eliminate friction in commerce, banks still struggle to serve poor and often remote populations. Barriers exist due to the limitations of existing electronic payments networks, a lack of awareness, and perhaps most importantly, a gap in...
Litle & Co., a subsidiary of payment processing services provider Vantiv, has announced the launch of a new solution called Recurring Engine, according to a November 6 press release. Recurring Engine allows card-not-present (CNP) merchants to simplify the steps needed to process subscriptions and recurring...