article thumbnail

Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195
article thumbnail

PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payments 2016: The Year Of Online And In-Store Convergence Via Mobile

PYMNTS

Payments 2016: The Year Of Online And In-Store Convergence Via Mobile. Walmart offers mobile shopping for groceries plus in-store comparisons for deals on electronics. As we look forward to 2017, delivering a great user experience will be critical for brands looking to build trust and increase adoption.

Mobile 125
article thumbnail

CPG Companies Capitalize On Dramatic Digital Shift

PYMNTS

Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.

Company 140
article thumbnail

Bye Bye Bougie: Curtsy Offers Closet Strategies For Gen Z

PYMNTS

There’s no denying that consumers of all ages are increasingly comfortable shopping online, but when it comes to younger, digitally native customers, it turns out they’re also increasingly comfortable selling online, too. So, Curtsy by comparison is, like, dummy-proof.”. Dummy Proof.

Strategy 192
article thumbnail

New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

PYMNTS

Yevgeni Tsirulnik , vice president of Toshiba Global Commerce Solutions’ Digital Platform Products said the system aims to “ remove the lines between the online and offline. But beyond just helping customers, the system helps merchants collect the kind of data within a store that they get when someone shops online.

System 189
article thumbnail

3D-Secure Overhaul Could Lead To Wider Adoption

PYMNTS

In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. Of course, a streamlined user experience and mobile-first approach will encourage adoption, as well.

Security 102