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Payments Journal 06/04/2020 15:00
This article describes many of the mistakes Treasury made in distributing relief funds. It doesn’t indicate how Treasury modified its position on the use of prepaid cards in the middle of the distribution, leaving many existing prepaid card holders in the lurch. Several prepaid suppliers and trade associations have been asking Treasury to return to […]. .
Payments Journal 06/04/2020 13:37
This referenced posting appears in PaymentsSource and serves as a brief announcement of a new payments acceptance service from Rapyd, a 2016 UK-based fintech that serves as a mobile network connecting multiple local payment networks. The newly announced service is called Rapyd Full Stack, which purports to enable businesses to accept multiple global payment types […]. .
Payments Journal 06/04/2020 09:30
Many states are unwinding their Covid-19 shutdown mandates, but the restaurant industry will still face extremely challenging conditions. So far, the restaurant openings come with restrictions, including limited capacity and outdoor seating only, which are not sustainable business models. Restaurant meal delivery has seen increased demand from stay-at-home consumers during the pandemic, and DoorDash plans […]. .
Payments Journal 06/04/2020 09:00
Consumer demand for convenience continues to fuel the growth in e-commerce. As the number of online options increases, so do consumer expectations. Visually appealing sites with crisp photography, detailed information and customer reviews, and easily accessible customer service, including 24 hour live chat, are among the more common and desirable features. However, speed and efficiency […]. .
Payments Journal 06/03/2020 16:51
Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payments, today unveils its SCA accelerator suite to help online businesses remain compliant, innovate and better control their data. The suite will bring all of Ingenico ePayments’ expertise together to help online businesses improve their performance and facilitate the implementation of Strong Customer Authentication […]. .
Payments Journal 06/03/2020 15:10
SIA’s technology infrastructure processes the transactions of over 2.8 million cards issued by LBB in collaboration with major national and international commercial partners Among the first initiatives already launched on the market an innovative contactless card co-branded with ADAC, the German Automobile Club Milan, 3 June 2020 – Landesbank Berlin, Germany`s largest issuer of co-branded [...]. .
Payments Journal 06/03/2020 10:00
Global events such as the coronavirus outbreak, Brexit and 2020 elections have many people and businesses on edge, concerned about how these current events will impact their financial stability, and that of their supply chains. In fact, according to a study by the Conference Board, economic slowdown, trade uncertainty and a global recession are top concerns for CEOs in 2020. In the […]. .
Payments Journal 06/02/2020 13:30
Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen to receive notifications as soon as the episode publishes. Data for today’s episode is provided by Mercator Advisory Group’s report – E-Commerce Fraud Detection Platforms, Part 2: Vendor Assessment. Five Dimensions for Assessing E-commerce Fraud […]. .
Payments Journal 06/02/2020 13:22
A general premise about credit cardholders is that there is a sincere commitment to repay. As with everything, there are a few bad apples, but generally speaking, people understand the importance of managing their debt. You can see it in the most recent revolving debt number published by the Federal Reserve. Employment numbers across the […]. .
Payments Journal 06/02/2020 10:00
In 2020, customer experience is expected to become the main differentiator between brands. Already, nearly 90% of businesses say they’re competing mainly on their customer experience. But unfortunately, 51% of consumers report that most companies aren’t meeting their heightened expectations. The silver lining here is that there is plenty of room for your financial institution […]. .
Payments Journal 06/01/2020 18:15
“The modern ACH Network has achieved new transaction volume records as the preferred payment type in a diversity of use cases,” said Jane Larimer, Nacha President and CEO. “Even now, the ACH Network is operating normally and stands ready to serve America’s people, its businesses and nonprofits, and the government.” The white paper, sponsored by […]. .

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