South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

NOVEMBER 22, 2018

That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. The card giants still have the lion’s share of monthly payment transactions in terms of value. Greenfield Opportunity For Payment Heavyweights.

ATM 187

ATM Payments Compliance Google 187

FICO

FEBRUARY 9, 2023

Payment scams reached unprecedented levels last year and look set to double by 2026. It’s notable that the receiving organization may not be another bank but could be another type of financial institution — for example, a credit card issuer. The vast media attention on the various types of payment scams has helped keep awareness high.

Fraud 52

Fraud social media Examples Regulation 52

CB Insights

MARCH 2, 2018

Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026. Other shoppers paid for purchases using online wallets that could be topped up at brick-and-mortar stores or pre-paid cards. The gift card system has since been integrated into Amazon’s marketplace, and can be sent via email.

Regional 68

Regional Retail Marketing Online 68