Digital Transactions

“Scripting the Future” – Digital Transactions

“Scripting the Future” – Digital Transactions

Foundational changes in payments – the emergence of fintechs, a mobile-first approach by consumers, and the digitization of payment methods – are altering vital relationships in the industry. Two thousand twenty may be the year that many of the underlying changes various payments players have made in the last few years manifest in a resounding […]

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Discover Says Its Cardholders Can Use Their Rewards to Pay When Checking Out With PayPal

Discover Says Its Cardholders Can Use Their Rewards to Pay When Checking Out With PayPal

The major payment card networks have long since come to terms with PayPal Holdings Inc., and now they’re finding ways to put that newfound friendship to use in burnishing their brands with cardholders.

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U.S. Holiday Sales Could Top $1 Trillion, With Mobile Payments Growing 32%

U.S. Holiday Sales Could Top $1 Trillion, With Mobile Payments Growing 32%

Research firm eMarketer Inc. forecasted that 2019 U.S. holiday sales will surpass $1 trillion in value for the first time. Cyber Monday, the Monday following Thanksgiving, is expected to be the biggest online shopping day and could approach $10 billion in sales.

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Rental Payments Dominate Zelle Volume; Are Transaction Limits a Hindrance?

Rental Payments Dominate Zelle Volume; Are Transaction Limits a Hindrance?

Rental payments are the top use case by far on the Zelle person-to-person payments network, according to the chief executive of Zelle provider Early Warning Services LLC. From an end-user use-case perspective, far and away the No.

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With Momentum From Transit, Contactless Accounts for a Rising Share of Card Payments

With Momentum From Transit, Contactless Accounts for a Rising Share of Card Payments

With card-based transit payments picking up steam in the United States, a key Mastercard Inc. executive said Thursday that 22 of the network’s physical-world transactions globally were contactless as of the end of 2018. The time to complete a contactless transaction is down to 0.

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The ATM at Age 50 Puts the Spotlight on the Future Role of Cash

The ATM at Age 50 Puts the Spotlight on the Future Role of Cash

The ATM made its U.S. debut 50 years ago, and a half-century later the future of cash and cash-dependent industries like ATMs is the subject of intense debate in industry forums and at city halls and state capitols. Chemical Bank, now part of JPMorgan Chase & Co., installed the first U.S.

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Gift Transactions on Zelle Prompt Chase to Roll Out Gift Cards for Mobile and Digital Users – Digital Transactions

Gift Transactions on Zelle Prompt Chase to Roll Out Gift Cards for Mobile and Digital Users – Digital Transactions

A surge in gift transactions on the Zelle person-to-person payment network has led JPMorgan Chase Co. to roll out a feature allowing its mobile users to send digital gift cards.

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The Prepaid Business Adopts a Sanguine Approach as the CFPB’s Big Rule Finally Takes Effect

The Prepaid Business Adopts a Sanguine Approach as the CFPB’s Big Rule Finally Takes Effect

A day long dreaded by the U.S. payments industry came and went on Monday with little fanfare and not much more gnashing of teeth.

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

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

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

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

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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