paymentssource

How to Keep Mobile Shopping From Becoming a Gift for Fraudsters

As mobile apps become a larger part of heavy shopping days such as Black Friday and Cyber Monday, taking the proper steps to ensure security becomes more important. All mobile applications, including shopping and retail apps, should be able to protect themselves in untrusted device environments.

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Blockchain Payments Need to ‘Tip the Scales’

While interoperability is vital to blockchain payments’ success, another critical area for growth in the industry is scalability. It simply won’t be possible for enterprises to build a healthy and functional ecosystem around the technology without scale.

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Consumers Are Shopping for ‘Points,’ and It’s Hurting Issuers

Credit card users are becoming savvy reward point shoppers, and it is tripping up some banks and issuers. For example, in the second quarter of 2018, the JPMorgan Chase said that it had to record a 330 million charge because credit-card customers were redeeming points faster than anticipated.

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Politics vs. Innovation: How the Midterms Changed Fintech

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global, interoperable, mobile-driven commerce. The 2018 midterm elections split the U.S.

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Winning Singles Day in China Means Mastering Mobile’s User Experience

November’s holiday sales extravaganzas have gone global. China consistently sets global sales record at this time of year. That’s why U.S. and foreign retailers and brands should pay close attention to this massive retail market this month, as China’s e-commerce leadership influences global retail trends.

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Blockchain Payments Need Better Standards

Following bitcoin’s historic rise in 2017, cryptocurrencies and blockchain technology continue to make waves in the worlds of traditional finance and emerging technologies.

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Merchants Need a Liability Plan to Conquer Crypto Payments

While cryptocurrency certainly represents an opportunity for vendors and payment intermediaries, their involvement with cryptocurrencies also brings legal and regulatory risks that merchants do not face when using other forms of payment.

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Election Day: Sandboxes, Durbin Rule and Skilled Tech Workers All on the Ballot

A wide range of Republican priorities that affect the payment, retail and fintech industries could stall or entirely flame out if Democrats make substantial gains in Tuesday’s midterm elections. As of mid-day Tuesday, FiveThirtyEight.

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Collaboration’s Pushing EU to the Head of the Blockchain Pack

Blockchain technology has created so much buzz since its debut, unlike anything else in recent memory. A fact that is being widely accepted lately – not only by technology enthusiasts but also by important institutions – is that the application field of blockchain extends far beyond cryptocurrencies and payments.

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Legacy Payment Companies Can’t Beat Disruptors by Copying Them

While money flows to fintech startups seeking to disrupt everything from payments to insurance to banking and capital markets, fewer than half of existing financial institutions say they have a fintech strategy of their own, KPMG found.

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Walmart Sues Synchrony for $800 Million as Card Split Sours

Walmart’s divorce from the credit card issuer Synchrony Financial is spilling into court as negotiations falter over whether to shift billions of dollars in balances to the retailer’s new partner, Capital One.

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Data: Reinventing the Gift Card

As the gift card market grows and becomes increasingly digital, so has the product’s utility. Thus, many consumers are shifting their habits and buying gift cards for themselves either due to an incentive program or to help with budgeting.

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