Industry

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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Worried a Recession Is Coming, U.S. Online Lenders Reduce Risk

NEW YORK (Reuters) – U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for what they fear could be the sector’s first economic downturn.

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Transactions Grow, Yet Cash Still Preferred

More cities and other municipalities are banning retailers from banning cash. Since a percentage of the population still operates in a cash-only environment, and many but not all, are low-income individuals, banning cash is the equivalent of banning this segment of society from these establishments.

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Benefits of Implementing ITIL in an Organization

The main aim of ITIL is to improve business services. It also solves various business issues. This is done by optimizing and setting up a wide variety of processes, policies, and activities in order to ensure that IT becomes an asset to the company. It reduces a lot of time and money as the risks […]

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Network International Announces Pricing for Up to $3 Billion Listing

LONDON (Reuters) – Payments processor Network International on Monday said shares in its forthcoming listing would be priced at between 395 pence and 465 pence each, implying a valuation for the company of between 1.9 billion pounds and 2.3 billion pounds.

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Global Payment Processing Market 2018 Segmented by Potential Applications

Payment Processing Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends.

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Crafting Amazon-Like Banking Experiences Easier Said Than Done

Subscribe to The Financial Brand via email for FREEAll Americans eagerly await digitally-powered hyper-personalization of financial services. At least that’s what we all keep hearing.

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Connectivity and Uniformity: Two Things Missing From the Electronic Cash Experience

Nearly everyone in the tech world is talking about the exciting possibility of using digital currencies for payments to substitute antiquated payment methods such as credit cards, cash, and payment apps. This is my idea of an ideal future as well.

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Worldwide Mobile Payments Market by 2023 Analysis of Regions With Top Manufacturers, Market Dynamics, Types, Applications

Mobile Payments Market report to delivers information on major drivers, challenges and opportunities in Mobile Payments industry with analysis on Manufacturers, geographical regions, types, applications.

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Wells Glitch Shows All Banks Should Re-examine Card and ATM Processes

Wells Fargo earlier this year suffered an shutdown that halted card processing, ATMs and other financial services, and provided a continuity wake up call for the entire industry.

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With PayPal’s Instagram Partnership, Social Media Becomes a Financial Services Channel

Social media platforms are finally becoming distribution channels for financial services. PayPal (PYPL) formally announced on Tuesday it’s powering a new checkout function on Instagram that allows users in the U.S. to buy from merchants directly within Instagram posts and stories and then track and manage their purchases in-app.

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Square Extends Invoice App to the U.K.

The information you need to start your day, from PaymentsSource and around the Web: Light on cash Square is launching its invoices app in the U.K. for businesses that are concerned about the timing of their payments. The app, which Square in 2018 tied to Google Pay and Square’s own APIs in the U.S.

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