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Instant payments more mainstream than ever, but at what cost?

Insights on Business

Paying with your mobile is rapidly moving towards becoming the new cash and in the process, replacing traditional credit and debit cards. As these numbers are trending upward, the mobile payments and transaction industry, which one of its main selling points is simplicity, is ripe for fraud and criminal activity.

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Legacy Banks Embrace APIs To Counter Competitive Cycle

PYMNTS

The development of new technologies is threatening to disrupt the business models of many of these traditional players, as fast, efficient and low-cost platforms are providing access to capital that traditional banks are either unwilling or unable to deliver to the marketplace. . Lingering Fraud Risk . B2B Card Payments .