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How B2B Payments Balances Compliance With A Better User Experience

PYMNTS

The capabilities to unlock bank data and integrate new services into emerging FinTech platforms via API integrations is a FinTech trend that hasn’t ignored the B2B payments arena. Service providers are increasingly understanding that, like consumers, businesses demand a better and more seamless end-user experience.

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Trends In Retail Technology And Consumer Spending

PYMNTS

In retail, the need to simplify, integrate and bring gift card and loyalty programs online to maximize their impact has never been greater, while consumer engagement has the power to remove retail friction. 70%: Share of customers who abandon purchases because of a bad user experience.

Retail 227
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Mastercard Says Odds Favor Instant Payments For Online Gamers And Gamblers

PYMNTS

Consumers keep demanding a better, more convenient, seamless, secure user experience that makes their lives better. As consumers’ day-to-day lives have digitized across the board in 2020, Hernandez said that Mastercard had already seen a trend toward the adoption of instant payments. Hernandez said. “We

Online 276
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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195
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Fitness Platform Raises $5M For Online Workouts

PYMNTS

We’re the Netflix of fitness based on our user experience and affordability, and an Amazon to content creators, in that we are a marketplace that provides trainers with a way to digitally scale their businesses,” Forster said. “I I believe at-home fitness is a mega-trend in the wellness industry,” Ares Management Corp.

Online 130
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TRENDING: Solving Banking’s Security-Convenience Conundrum

PYMNTS

Should banks and financial institutions (FIs) focus more on giving consumers the convenience and simplicity they expect — and even demand — or instead focus more on implementing stringent security measures, potentially at the expense of user experience? It’s a question that banks increasingly must work to answer in today’s day and age.

Security 166
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Device ID Helps Fight Holiday Fraud Amid Record Online Shopping

PYMNTS

At a time when COVID-19 has seen global eCommerce and digital traffic grow by nearly 70 percent, security experts have braced for a commensurate surge in online fraud as the holiday shopping season continues. The key to this is user experience,” he said. Fraudsters now have more avenues for attack available to them,” Rusi said.

Fraud 215