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

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471
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Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026

Bussman Advisory

The post Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026 appeared first on Bussmann Advisory AG. Subscribe now to our weekly newsletter. Contact us at info@bussmannadvisory.com for more details.

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Snapchat Parent Seeks Profits As It Raises $1B In Debt Securities

PYMNTS

CEO Evan Spiegel outlined profitability goals for 2019 in a memo last year and as of June 30, the company had more than $335 million in cash and equivalents and $849 million in marketable securities. Its stock is up 181 percent year to date. . The debt offering will take the form of convertible senior notes set to mature on Aug.

Security 115
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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. For example, fraudsters are increasingly using social media or infiltrating WhatsApp groups with friendly offers of quick cash.

Fraud 52
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Amazon Sizzles, CX Border Fizzles And Humans Win One Against The Machines 

PYMNTS

The first 3,000 of those new moderators were announced last spring, in the days and weeks that followed a rash of suicides that were posted on the social media site. “If Not a bad tally when the transaction count is slated to hit as much as 43 million transactions in 2026, up from 39 million transactions at the end of last year.

Las Vegas 116
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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

real-time payments market alone hit about 2 billion transactions this year, but should grow to 9 billion transactions in 2026, worth more than $10.5 What scammers see here is a big patchwork of payment options that offer a way to take money directly from consumers, and that change popularity with the social media tides.

Fraud 52
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5G & The Future Of Connectivity: 20 Industries The Tech Could Transform

CB Insights

The increased security and speed made possible by 5G could allow users to make payments transactions instantly on their devices — much faster than any process today. 5G will save people an estimated average of 23 hours of loading time per month while browsing social media, gaming, streaming music, and downloading movies and shows.