Payments News

On The Web

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Opinion

The Fintech Bubble Floats Toward a $64 Billion Pin

“The cuddly mask slips sometimes, though. Trendy U.S. online payments company Stripe, worth some $22.5 billion according to private-market valuations, is joining Amazon.com Inc. and Apple Inc. in warning about the impact of EU rules aimed at getting customers to double-check payments going out from their accounts. The campaign reveals a lot about the state […]
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Opinion

Bank-led Collaboration Is Driving Payments Transformation

“The rapid growth of fintech influence, increasingly sophisticated technology capabilities, growing client expectations, as well as new regulatory requirements, are fuelling the need for modernised payment systems and the development of cutting-edge digital solutions. Undoubtedly, the payments space is experiencing a period of rapid evolution, with technology presenting opportunities for the industry to transform how […]
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Opinion

The Digital Revolution Comes for Banking

“In the West, banking has been late to the smartphone age. This is partly because entrepreneurs have been put off by increasing regulations, and partly because banks have been preoccupied with repairing their balance sheets and cutting costs since the financial crisis. But mobile banking is now reaching critical mass. Nearly half of Americans bank […]
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Domains

COMMENTARY: The Rise of B2B E-Commerce Creates New Technology Openings

“Nearly half of today’s B2B buyers are millennials, driving a change in purchasing behavior where buyers prefer less interaction with sales teams and more of a shift to self-service. At the same time, many noted direct-to-consumer brands that have built successful B2C business like Casper and Peloton are now turning to B2B strategies to overcome […]
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Opinion

Why (Almost) Everybody Hates Facebook’s Cryptocurrency Libra

“Facebook Inc. says its mission is to “bring the world closer together.” Its plans to launch a digital currency called Libra have succeeded in uniting central bankers and financial regulators from around the globe, along with U.S. President Donald Trump and his Democratic opponents in Congress. They’re dubious about the idea, at best. But Facebook […]
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Opinion

How Will Brexit Impact the Payments Industry in the UK? An Earthport Insight

“As the post-Brexit outlook continues to remain uncertain, it is difficult to predict the precise impact on the UK financial sector. There’s no denying that the uncertainty in any form makes short term and long-term operations trickier. To that end, being prepared, agile and remaining positive is more important than ever in these unprecedented times.”
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Opinion

How The Gig Economy Could Impact On-Demand Payments

“Influenced by the power of automation and technology, an on-demand economy hits workers and employers with a sense of urgency that constitutes payment immediately after completion of a job. Make no mistake about it, instant on-demand pay isn’t just about contractors and freelancers in the gig economy. Traditional W-2 employees are slowly beginning to have […]
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Opinion

Visa’s New ‘Visa B2B Connect’ Could Become A Major Growth Driver

“Visa ( V ) is launching a new service, Visa B2B Connect, to facilitate cross-border business to business transfers. The service launched on June 11th connecting 30 global trade corridors . The service uses a distributed ledger system to enhance transparency and decrease the likelihood of fraud. There exists a significant opportunity for growth in […]