digitaltransactions

Smart Payment Solutions: What Is the Payments Industry Doing to Keep Up? – Digital Transactions

Consumers want a frictionless experience. We’ve come to expect certain levels of safety, security, and convenience when it comes to payments. Today, consumers are using their phones, watches, and even their cars to pay for various goods and services.

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Is Facial-Recognition Technology Hurting Apple Pay? – Digital Transactions

Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd.

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If Mobile Wallets Functioned More Like Leather Wallets, Usage Might Get a Lift

Ever since mobile payments first captured the public’s imagination four years ago with the launch of Apple Inc.’s Apple Pay, experts have debated why usage of the iOS and Android wallets has fallen short of the original, lofty expectations.

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New Discover CEO Says Payments Are a ‘Big Part’ of Their Growth Strategy

Discover Financial Services’s lending operations dwarf its payments business, but payments nonetheless are an important component of the company’s growth strategy, new chief executive Roger C. Hochschild said Thursday.

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Small Merchants Are Generating Bigger Payment Volumes, Analysis Finds

Small merchants are generating more payment volume, and health-care providers handily outlive restaurants and bars in their relationships with merchant acquirers, according to a new analysis from The Strawhecker Group. Data from the Omaha, Neb.

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Financial Industry Standards Body Releases Rules Aimed at Tightening Mobile Security

Mobile payments are booming in places like China and India, but in the United States, not so much. Year after year, one reason that keeps popping up in surveys is concerns about security, and on Tuesday a major standards body announced a measure aimed squarely at those fears. The Accredited Standards Committee X9 Inc., an […]

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AmEx Experiments to Find the Right Solutions for the Post-Plastic World

American Express Co. formed its Digital Labs unit less than a year ago, and it has plenty to do as it evaluates new payment forms and new ways to attract cardholders and merchants.

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Checks Still Reign in U.S. Business Payments, but Electronic Methods Close Behind

An international survey of financial executives shows that checks are still the most commonly used method of business payments, but paperless methods arent far behind. The April survey of 914 chief financial officers and other senior finance executives, including 501 from the United States, for fleet-fueling and corporate-payments provider WEX Inc.

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