forbes

Internet of Payments

The Internet of Payments Has Arrived

From appliances to automobiles, the volume and variety of endpoints gaining internet connectivity continues to grow. According to 451 Research’s IoT Market Monitor, the number of Internet of things (IoT) devices globally will expand from 7.9bn in 2019 to 13.8bn in 2024 (excluding PCs, smart TVs and game consoles).

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Five Trends Shaping Fintech 2020

Five Trends Shaping Fintech Into 2020

Fintech has become a fast-moving field, and the next decade should be no different. Not every startup threatens small and midsize banks, but community banks and credit unions should stay on top of fintech trends to know when it’s time to act on a new opportunity. Here are five trends I see shaping fintech into […]

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Alibaba, Tencent, Five Others to Receive First Chinese Government Cryptocurrency

China’s central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher.

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Here’s an Area of Digital Payments That’s Booming: P2P Payments

Getty The peer-to-peer payments market is booming, with consumers sending each other billions of dollars through digital apps. One company that is capitalizing on the trend is Zelle, the digital payments company owned by Bank of America BB&T, Capital One, JPMorgan Chase, PNC Bank, US Bank, Citibank, and Wells Fargo.

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Four Ways the CBD Industry Can Process Payments Post-Elavon

In case you haven’t been plugged into CBD industry news recently, it seems the Farm Bill honeymoon is officially over, as major U.S. banks and payment processors have recently turned their backs on CBD, dropping their existing CBD brand clients. On March 14, 2019, the largest domestic CBD payment processor, Elavon Inc., a subsidiary of […]

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Three Tips for Becoming an Open Banking Brand Genie

Historically, bank brands could count on loyal customers to support multiple product lines and revenue streams, from deposit accounts to mortgages, credit cards to retirement portfolios.

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Four Ways Artificial Intelligence Will Transform Banking

On a recent trip to New York, I stopped by a bank on Fifth Avenue, where I was greeted by a friendly employee named Pepper. We exchanged a few pleasantries before she provided me with information on what the bank had to offer. Then she asked a few questions before pointing me to another staff […]

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The First Card for the Cannabis Industry; Amazon Launches More Cards

Columbia Care Launches First Credit Card for the Cannabis Industry Cannabis is now legal for medical use in 33 states and for recreational use in 10 states. However, the use and distribution of marijuana remains illegal at the federal level.

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4 Steps to Greater Relevance in the Digital Age

Todays customer journey is more unwieldy than ever before. Thanks to multiple channels and disparate devices, customers can make purchases, compare prices and switch to competing brandsanytime, anywhere.

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Where Blockchain Adoption by Governments and the Private Sector Stands

On June 5, leaders from government and industry will gather for the annual non-profit ACT-IAC Emerging Technology Forum in Washington, DC. A lineup of state, federal and international leaders will share insights about blockchain technology, both regarding government adoption of it and government regulation of the private sectors use of it.

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3 Payment Innovation Trends That Will Evolve E-Commerce

E-commerce is growing rapidly, with worldwide sales anticipated to be . The evolution in e-commerce can be partially credited to the developments within financial technology (fintech), such as e-wallets, new payment options, in-app purchasing, and peer-to-peer lending and payments (like Venmo and even Facebook cash).

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Everything You Need to Know About Apple’s New Apple Card

the place to gain and share knowledge, empowering people to learn from others and better understand the world. What is Apple Card, the new credit card from Apple and why is it important? Not only is it a revolution in Apple design, it may just become anew central income stream for Apple services.

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