Remove Compliance Remove Innovation Remove Millennials Remove Security
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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P.

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Commanders In Chief: Why The Pace Of Innovation Is A Good Thing

PYMNTS

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

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EMV’s Delay Has Been The Convenience Store’s Innovation Gain

PYMNTS

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. It’s all but certain that gas stations will not achieve 100 percent compliance with EMV, in which case those that have not met the deadline will face higher interchange rates from the card networks.

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How Payments Security Drives Digital Transformation

PYMNTS

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Then, there was sudden exponential growth in innovation.

Security 100
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How GDPR Is Testing The Homesharing Market

PYMNTS

In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. The Playbook also looks at how payment services and other third-party platforms are working with shifting compliance demands to participate in the global sharing economy.

Marketing 179
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How Mobile Technology Is Changing Insurance Claims

PYMNTS

The challenge is thus not figuring out if mobile disbursements are possible, but how they can be made, given insurers’ legal and compliance issues. There are several options that can be used to send real-time payments to claimants, but many offerings are still undergoing legal or security checks, Schmitt said.

Mobile 198
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Banking to the power of IBM: opportunity at SIBOS 2017

Insights on Business

Here is a preview of our focus at this year’s Sibos: Enterprise blockchain – IBM is leading the advancement of blockchain with many projects under way in financial services including foreign exchange payments netting , private equity administration , securities lending and trade finance.