Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm. PayPal and InComm on Thursday (July 30) unveiled a QR code payment system that will enable touchless checkouts by PayPal and Venmo users...
“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.” Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of...
“Digitization has helped support remittance market continuity in the face of reduced mobility. We also believe money transfers relying on informal or unregulated routes are converting to formal money transfers, and may even help stabilize the market as travel restrictions likely remain.” Markets are seeking...
“The opportunity to educate on digital banking and payments, and the opportunity to fully enable touchless commerce, is greater than it has ever been — and the technology is already in place to make it happen.” Technology has advanced in the past 10 years, faster...
In an ever-more competitive digital economy, brands in all sectors will be tasked to work harder and invest more to attract and engage customers — both existing and new.” Biometrics and other sophisticated forms of identity verification are making a dent in cybercrime. Those tools...
“Given the seismic shift to digital, the COVID-19 pandemic is forcing retail to achieve innovation in three to six months that would otherwise have taken three to five years. Payments need to go where consumers expect them now, too.” Payments have gone beyond mere utility...
“Once a business solves its digital transaction processing issues, they need to start considering how to efficiently and effectively go global. The world economy won’t wait for the U.S. to recover.” Cross-border trade and payments have gotten far easier in recent years, and that’s a...
“As companies move into online payments, they are evaluating the cost of payments and the success rates they’re achieving. Others have new demands for immediate diversification of payment gateways or payment types to ensure business continuity.” Things change, then change some more. That’s how it...
“Consumers do not want a gap or friction at any point along the way, making it critical for financial institutions to understand and define member journeys and personas in both physical and digital channels.” As people are exposed to more digital financial experiences, they tend...
