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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

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APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

FICO

The vast media attention on the various types of payment scams has helped keep awareness high. 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.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

Credit cards have seen record growth and near-record balances through 2022, and alternative payment methods are booming, including everything from ACH and real-time money transfers to phone-based systems like Apple Pay and Google Pay. Customers say BNPL can be even easier and more flexible than a credit card.

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