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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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The Evolution Of eBay’s Global Payments Strategy

PYMNTS

Many businesses today see selling products in new markets as a growth opportunity. Expanding into a new market — even one as geographically close as Mexico, for example — would present a number of logistical hurdles that many businesses may not be equipped to handle. Appealing to a wider array of customers within the U.S.

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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The specific issue that I’m referring to is merchant surcharging – a fancy term to describe the fee charged by merchants when consumers use network-branded card products to pay for their purchases.

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Why Technology Is Actually Helping Cash Thrive

PYMNTS

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. market, they are still far from replacing cash. market, they are still far from replacing cash. percent and 15.5 percent of the gross domestic product.

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The Inevitable ApplePay Blog

Javelin Strategy & Research

While the mainstream media was ooing and aaahing over Apple’s innovative new product, us fintech geeks were generally a little underwhelmed by certain aspects. That’s been rattling around since 2003. Of course, small merchants in the market for POS hardware won’t be able to do away with cards and cash.

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Fighting digital banking fraud – Part 1: Know the threat

NCR

million people over the past year, marking a record high since Javelin began tracking identity fraud in 2003. This is partly a result of the expanding rollout of EMV cards and POS terminals , which will reduce card present transaction and counterfeit card fraud. Javelin has estimated that 7.7

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Should banks do more to raise awareness of check imaging?

NCR

There have also been systems adopted in markets like the UK and Canada that allow images of checks to be captured the moment they are deposited. The value of check payments was behind only Automated Clearing House transfers, and significantly ahead of debit and credit card transactions combined. While check payments dropped by 4.4

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