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Today In Payments: Chinese Tech Investments In US Plummet; Ransomware Attacks Up 41 Pct In 2019

PYMNTS

billion, and have dropped 84 percent since 2018, down to less than $560 million. Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial. Crypto Fraud Scores More Than $4B In 2019. billion in 2019, much larger than the $3 billion incurred in 2017 and 2018 combined. Chinese Tech Investments In US Plummet.

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Deep Dive: Safeguarding B2B eCommerce And The Corporate Customer Experience

PYMNTS

Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process. trillion by 2020, but new sales channels also invite emerging fraud forms. Detecting Fraudsters.

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Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments

PYMNTS

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

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As Classic Video Games Turn Into Collectibles, Can eCommerce Keep Up?

PYMNTS

Indeed, when it comes to younger consumers these days, eSports are reportedly on the rise (including with high school students), and are even prime part of plans to revive retail malls and to collect more states taxes , as PYMNTS has covered. games — have reached the six-figure threshold in private sales.”.

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. own voice-activated speakers, as do more than a third of the 30- to 40-year-old bridge millennials.

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The Week In Payments: China, China, Challenger Banks And Bitcoin

PYMNTS

The rising millennial generation, she noted, will likely decide what the real future of banking is going to look like. That may not sound like a lot, but that is almost double from 2018. Data for ransomware, tax evasion and money laundering, however, is likely underestimated because it is hard to track.

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