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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. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022.

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Inside The Fight For Digital Driver’s Licenses

PYMNTS

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Developments From Around The World Of Digital ID.

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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Paytronix Urges Restaurants To Use Gift Cards To Boost Loyalty, Sales

PYMNTS

Customer loyalty and FinTech Paytronix wrote a blog post about the benefits of gift cards for restaurants, which can help ease the burden many are facing during the ongoing coronavirus crisis. The answer for many has been simple: Promote gift cards.”. Ultimately, remember to keep your message heartfelt and honest.

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How FIs Counter Online Debit And Credit Card Skimming

PYMNTS

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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The eCase For Liberating $190B In Rental Security Deposits

PYMNTS

In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters. Social media platform Facebook is set on further innovating WhatsApp features with a new U.K.-based Around the Disbursements World.

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Southwest Launches Credit Card For SMBs

PYMNTS

Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. Business Insider reported Thursday (June 20) that Southwest announced the Southwest Rapid Rewards Performance Business Card, offering small business users 80,000 Rapid Rewards points when they spend $5,000 in the first three months.

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