Amex Launches Early Pay for Faster Supplier Payments

American Express is introducing a new solution to accelerate B2B payments to suppliers. In an announcement Thursday (Oct. 11), American Express said it is launching Early Pay, a combination of supply chain finance and early payment discount capabilities. Designed for large U.S. companies procuring from U.S.

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VIDEO: How Long Do Consumers Hold on to a GPR Prepaid Card For?

– 58% of consumers won’t hold a general purpose reloadable card 5 months– 35% claim to have kept a card 6 months or longer– Per usual, lowest-income earners (24%) are most likely to hold for over a year“Its data relatively consistent with prior year’s levels – and points out that penetration of the core users […]

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PayPal Raises Venmo Fee. Users Rant.

PayPal Holdings Inc. increased a Venmo fee as part of a broader push to make money from the fast-growing mobile payment service, prompting backlash from users on social media.PayPal said it will charge 1 percent when Venmo account holders transfer money quickly to their bank accounts, starting Nov. 6.

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Digital Payments on the Upward Trend in Emerging Asia and CEMEA

Non-cash payments are recording a rapid growth, owing largely to developing markets. However, innovation if challenged by regulatory and technical complexities, according to a the World Payments Report 2018 by Capgemini and BNP Paribas. Non-cash payments reported a compound annual growth rate (CAGR) of 10.1 in 2015-16.

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Why Bank Security Is About More Than Preventing Attacks

The world can be a scary place these days, especially for banks. According to recently released reports, fraudsters are continuously targeting big U.S. banks, and these attacks are increasing in both frequency and sophistication.

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Contactless Topples Chip & Pin as UK’s Top Payment Choice

Contactless payments have become the most popular form of card transaction in the UK for the first time, new figures have revealed. The latest figures say that contactless has now overtaken Chip & Pin payments, having already toppled cash transactions earlier this year. The company estimates that 38.

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Moving Toward a Faster Payments Future

The global march toward faster payments is already well under way. Today, 25 countries have faster payments systems in production and an additional 19 are progressing quickly toward them. When the Federal Reserve’s Faster Payments Task Force issued its recommendations in 2017, it outlined a vision for a U.S.

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AusPost Pressures ANZ Over Banking Deal as NAB, Westpac Sign Up

Australia Post chief executive Christine Holgate has heaped pressure on ANZ to join its other big four competitors and support personal banking services at Australia Post offices.

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Personalized Customer Experiences Are the Only Way Banking Brands Can Differentiate

The days are over when banks and credit unions could compete on product or price. Today, the best way to differentiate a brand is through hyper-personalized financial recommendations and marketing driven by data and advanced decision tools. Subscribe to The Financial Brand via email for FREEThe number of branches in the U.S.

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VIDEO: World Payments Report 2018 – Enabling the New Payments Ecosystem

The World Payments Report 2018 from Capgemini and BNP Paribas explores how emerging technologies can help banks become anchors of a new payments ecosystem and offer new value-added services to customers, including corporate treasurers.

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