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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

Our research shows that the impact of technology advances on jobs will be felt more profoundly by some groups than others, with education level a key differentiator,” Jon Andrews, head of technology and investments at PwC UK, said in the report, as quoted in Computer Weekly. The tailwind will come in part via ISO 20022 messaging.

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

FICO

Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. 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 And PYMNTS.com says the U.S.

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

CB Insights

Move over, 4G — the next generation of wireless technology is here. 5G technology will enable wider network coverage, more stable internet connections, and faster data transfer speeds (from 4G’s 1Gbps to 10Gbps). 5G technology could integrate many unconnected, energy-consuming devices through low-cost connections.