forbes

Five Reasons the Payments Business Is Ripe for Big Change

The wholesale disruption of the payments industry has finally begun. Major banks, credit card companies and financial giants have long controlled payments but their dominance looks increasingly shaky. Since 2014, investors have poured 130 billion into ground breaking technologies like Blockchain and mobile payments.

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The Fintech Banks Are Coming: Why You Should Care

The fintech banks are coming. With regulators accepting applications from financial technology startups for national bank charters, traditional banks are going to see a lot more competition. Potentially bad news for them. But for consumers, it could be a win if it results in better service and lower costs.

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New Report: 70% of Finance Execs Believe Cryptocurrency Is Here to Stay

A report released today by consulting firm Greenwich Associates says that over 70 of institutional finance executives surveyed believe that cryptocurrency will have a place in the future of the industry.

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Should Your Company Accept Bitcoin and Other Cryptocurrency Payments?

While your organization may have already grappled with whether or not to add PayPal, Square or Apple Pay to your payment options, adding the ability to accept cryptocurrency is a bit different. Decided to accept cryptocurrencies is more like the decision to accept foreign currencies than just choosing to add a new form of payment […]

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What Can Traditional Banks Learn From Fintech?

The growing popularity of fintech and the emergence of competitors in different phases of the cycle, from new banks such as Germany’s N26 to partial service providers such as Revolut and others, or niche competitors such as Shine, highlights not just the inability of traditional banking to compete with them, but even to understand the […]

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Three Things Retailers Need to Know About Blockchain Today

Most of us have heard of blockchain. We have seen the commercials about its power and searched the internet for clues. But I think if we are all honest, most people, even business leaders, have a limited understanding of blockchain – what it is, how it works and why it matters.

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Proof That Square Is Completely Disrupting Payment Processing

Square’s stock has made new all-time high after new all-time high over the past year, capped off recently with news that cumulative downloads of their peer to peer payment app, Square Cash, have surpassed those of rival PayPal’s Venmo for the first time.

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Proof That Square Is Completely Disrupting Payment Processing

Square’s stock has made new all-time high after new all-time high over the past year, capped off recently with news that cumulative downloads of their peer to peer payment app, Square Cash, have surpassed those of rival PayPal’s Venmo for the first time.

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The Future of Banking: Fintech or Techfin?

The banking industry is experiencing disruption at an increasing pace. Over the past few years, traditional financial institutions and non-traditional fintech firms have begun to understand that collaboration may be the best path to long-term growth. At the same time, big tech firms are offering financial services, creating techfin solutions.

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Busting the Myths and Understanding the True Potential of Blockchain

There has been much excitement about the disruptive potential of blockchain technology, but there is also much confusion. Some people think blockchain is used only with Bitcoin and cryptocurrencies or that it’s only used to enable nefarious, anonymous online transactions.

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Purchase Volume for U.S. Credit Card Industry Could Cross $1 Trillion in Q4

The U.S. credit card processing industry resumed its growth trajectory after a seasonally slow first quarter to reach a record 927 billion in purchase volume over Q2 2018. This represents an almost 10 jump from the figure of 844 billion in Q2 2017 and 846 billion in Q1 2018. Given that the U.S.

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How Merchants Are Profiting From Digital Wallets

Mobile might be gaining popularity as a way to access online services, but that doesnt mean that buying goods and services on mobile isnt sometimes cumbersome. Small screens, smaller keyboards and confusing input options can make it hard on a shopper.

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