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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Samsung Pay has increasingly grown in popularity, processing more than one billion transactions , almost double compared to 2018. By early 2019, Samsung Pay’s international presence grew to six global regions.

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Why Regional Payment Preferences Matter For Global Subscriptions

PYMNTS

Beyond product and strategy, payment methods come with highly regional preferences. merchants — is assuming everyone uses credit cards for online payments. The primary thing that merchants discover pretty quickly as they start going cross-border is that credit cards aren’t taken everywhere.

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2018 Recap: B2B Payments Innovation Welcomes Bank-FinTech Collabs — And Beyond

PYMNTS

Though FinTech has, in many ways, heated up the competition with banks, traditional financial institutions (FIs) widely began to realize in 2018 that their best strategy to remain competitive in today’s financial services landscape is often to collaborate with (not against) those FinTech firms. Visa Acquires Longtime Partner Fraedom.

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Deep Dive: How Payment Card Networks Win Merchants Over

PYMNTS

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible.

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Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

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Changing the way money moves across Asia Pacific: Sibos 2018

Insights on Business

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Jim Brill, IBM Financial Services Marketing.

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Deep Dive: How The COVID-19 Pandemic Is Shifting Latin America’s Open Banking Plans

PYMNTS

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

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