Remove Compliance Remove Innovation Remove Millennials Remove Regulation
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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

When you look at the spending graphs for millennials at that time, debit was growing at twice the speed of credit, but the average order value was much lower, which correlates with the lower disposable income in the demographic at the time,” Molnar noted. The other is technological innovation. According to J.P.

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In Financial Services Innovation, Disruption Isn’t Everything

PYMNTS

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

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Gearing Up For Payments Innovation, Short And Long Term

PYMNTS

In an interview with Karim Ahmad, TSYS executive vice president of global product and innovation, PYMNTS’ Karen Webster delved into the very nature of change, marking what once might have been a staid industry. I’m a pretty prosaic guy when it comes to … innovation,” said Ahmad.

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How GDPR Is Testing The Homesharing Market

PYMNTS

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. Around the Payments and the Platform Economy.

Marketing 179
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How Mobile Technology Is Changing Insurance Claims

PYMNTS

The challenge is thus not figuring out if mobile disbursements are possible, but how they can be made, given insurers’ legal and compliance issues. v has yet to build out support for more innovative mobile disbursement methods, but it does have the technical capacity to do so. Insurers need to be ready for the shift to mobile.

Mobile 198
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Socure Closes On $13 Million Round Of Funding

PYMNTS

Socure said the funds will enable the company to more quickly innovate its digital identity verification platform. The company supplements market deficiencies in which current identity verification solutions fall short, including millennials, who largely avoid the use of credit, or abroad, where credit systems don’t exist at all.”.

Fraud 100
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The Great Credit Card Program Outsourcing Debate

PYMNTS

Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said. Near-Term Challenges.

Cards 140