Payments News
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Global

Brazil Sprints Ahead in Mobile Payments Innovation

“Brazil will see its leadership in technological innovation for mobile payments strenghtened as a predicted increase in smartphone adoption is set to create more opportunities in the sector, a study says. Home to a burgeoning financial services technology industry, Brazil is the most advanced in the Latin America and the Caribbean when it comes to […]

On The Web

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Reports

UN Report: N. Korea Targets Cryptocurrency Exchanges, Banks

“Between January 2017 and September 2018, the Democratic People’s Republic of Korea carried out at least five successful attacks against cryptocurrency exchanges in Asia, resulting in the theft of $571 million in currency, the report concludes. The UN report also notes North Korea’s ability to attack banks across the world, including the Bangladesh Bank heist […]
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Reports

Bountiful Stolen Personal Data Fuels Unrelenting Online Fraud Attacks, Forter Says

“In a time when criminal access to consumer data has never been more common, merchants continue to experience pervasive and persistent fraud attempts. That’s the key takeaway from the 2019 sixth annual Fraud Attack Index from Forter Inc. released Thursday. How bad is the problem? Fraud grew in 2018 in every online merchant segment tracked […]
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Reports

The Global State of Online Digital Trust

“It is crucial for business leaders to understand public sentiment concerning sharing their information online, as it has tangible consequences for their bottom line. And the consensus among consumers is clear: in a survey conducted by Frost & Sullivan and CA Technologies, 78% of consumers responded that it is very important or crucial that their […]
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Reports

The Growth of Grocery Sales Is Online

“Still a small part of the roughly $1 trillion U.S. grocery market, online sales of food, beverages, toothpaste and other consumer packaged goods (CPGs) are growing much faster than offline sales, which have remained relatively flat. For example, online CPG sales grew 29.0% in the 52 weeks ended Aug. 25, compared with 2.6% growth among […]
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Reports

The Top 50 ACH Receivers and Originators by Volume in 2018

“The Top 50 originating financial institutions accounted for volume of more than 19.7 billion ACH payments, an increase of almost 7% from 2017. Nearly 93% of ACH Network commercial origination volume is attributable to these financial institutions. On the receiving side, the Top 50 financial institutions accounted for volume of over 13.5 billion ACH payments, […]
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On The Wires

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Reports

Gen Z and Millennial Shoppers Use eGifts in Omnichannel Commerce

“Although brick-and-mortar retail still has a strong foothold in the market, demand for egifts from Gen Z and Millennial consumers is beginning to rapidly catch up with physical gift cards as interest in innovative shopping and branded payments continues to grow. While gift card merchants are increasingly embracing omnichannel gift card options, there is still much […]
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Reports

German Consumer Insights Study | First Data

“First Data released its first nationally-representative study of more than 2,000 German consumers. The study examines consumers’ preferred payment methods, as well as the key factors that influence the adoption of card and contactless payment methods, including security, accessibility and age. The findings span the entire population and compare national regions. 42% believe contactless payments […]