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Mastercard touts security of new account-opening solution

BankInovation

Mastercard has launched an enhancement to its Open Banking Account Opening solution to make it more secure as clients increasingly go digital.

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Shift4 Introduces Contactless QR Pay Tech

PYMNTS

We developed QR Pay to provide a completely touchless payment experience that’s secure, safe, and convenient.”. trillion by 2027, according to a recent report by Grand View Research. North America will be a leading market for QR code-based transactions, the analysts concluded, with particular growth in transportation and retail.

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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

As more chatbots enter the enterprise arena, as well as the retail industry, for customer service needs, this concept has morphed from fantasy into reality. Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way.

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QR Codes Enjoy A Renaissance In A Post-COVID World

PYMNTS

We know that in the current environment, buying and selling goods in a health-conscious, safe and secure way is front of mind for many people around the world,” John Kunze , senior vice president of branded experiences at PayPal, said in a statement. trillion by 2027, according to a recent report by Grand View Research.

Apple 293
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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 percent by 2027, when it will reach a total valuation of $87.6 percent year-over-year growth in digital commerce in the first quarter of 2020.

Mobile 181
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ATMs Are Ahead Of Their Time — Again

PYMNTS

And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. billion at the end of 2018 and is forecast to see a compound annual growth rate (CAGR) of nearly 11 percent through 2027, when the sector is expected to have doubled in size to approximately $44 billion in spend.

ATM 165
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Are Mobile Payments Finally Ready To Ignite In Japan?

PYMNTS

Included in Japan’s cashless by 2027 plan is doubling the ratio of card and e-money transactions from there within the next eight years in the eventual hopes of building what Prime Minister Shinzo Abe has called a “$1tn-plus cashless market.”. PayPay And Signs Of Mobile Acceleration. That is up from about 50,000 merchants in spring of 2018.

Mobile 154