Daniel Houseman, partner at KPMG, contributed the following piece as part of the PYMNTS 2018 year-end eBook. Payments innovation in 2018 has leveled the playing field, with new entrants, the rise of the customer and cross-border connectivity all enabling real-time payments almost anywhere and at virtually...
Digital security company Gemalto announced Wednesday (Dec. 19) that it is supplying Intesa Sanpaolo, the Italian bank, with what it said is the first Mastercard biometric contactless payment card. In a press release, Gemalto said it will test an EMV contactless biometric card for Europe via a...
The typewriter had a good run. It ruled the roost as far as corporate word processing went for well over 100 years before the computer-based word processing showed up in the mid-1970s to replace it, though those scrappy little typewriters hung on for a while...
In about two weeks, 2018 will be one for the history books. And from a payments and commerce perspective, it really has been one heck of a year. Over the last 12 months, we’ve seen consumers acquire and use connected devices in new and different...
Pull any list of “top 10 Christmas carols” from the web, and it will quickly become obvious that bells are deeply important to people during the holiday season. The odds are good that 30 to 40 percent of the entries on that list will either be about or reference...
With the approaching holiday season, mobile checkout options are ready for customers at Target and Walmart. Target’s “Skip the Line” service has now reportedly been deployed across the country, as Walmart plans to have “Check Out With Me” at each supercenter when Black Friday rolls around,...
SWIFT says its global payments innovation (gpi) payments test across borders has been a success. Elsewhere, payments system improvement initiatives are underway, notably in the U.K. Also, a new study finds that a majority of banks know they need to renovate or replace existing infrastructure.
Connected devices — smartphones, tablets, voice-activated speakers, smartwatches, in-car dashboard systems — are changing how consumers in the U.S. buy and pay. Not just some consumers, but almost all of them. We have brand-new data that reveals how much change is happening. Using smartphones and apps...
Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on Friday (Oct. 19). The stock reached highs over $86, CNBC reported. The total payment volumes of Venmo skyrocketed by 78 percent and reached $17...
