3 Payments Trends to Watch in 2021

Mobile Payments Today

As 2021 rapidly approaches, many of us are hoping for better days after the whirlwind year of 2020. While COVID-19 has certainly had an impact on every industry, certain trends that began in 2019 continued to develop in 2020, and some of them may even blossom fully in 2021

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The Rise of Ransomware as a Service

PYMNTS

The cybercrime gang known as DarkSide has reportedly shut down a vital U.S. pipeline , now in its fourth day of being unusable in what is being reported as the worst cyberattack to date on critical U.S.

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How Money Will Disappear

Daily Fintech

Big payment giants and listed companies are adopting it and not just in the US. In recent months bitcoin has had a phenomenal rally and for good reason. One month after Elon Musk announced that Tesla purchased $1.5

Unpacking the Token Economy – Beyond Bitcoin

PYMNTS

Sometimes nouns are used interchangeably – shorthand that short-circuits, in a way, the nuances and distinctions that help us understand what’s really going on. And don’t even get us started on Dogecoin. In any field, when disruption comes, vocabulary gets scrambled a bit.

Level Setting and Peering Around the Corner— Tips for Success in Your Organization

Speaker: Steve Andrews, President & CEO of the Western Bankers Association 

This pandemic has tested the foundation of banks and the strength of the dollar. With all of us facing the same crisis, we are left with the same key questions, "Where are we now?" "Where are we going?" "How are we going to get there?" and "What impediments must we overcome?" Join Steve Andrews, President & CEO of the Western Bankers Association, for CBB's groundbreaking webinar! This exclusive webinar will go over the insider information your bank needs for level setting and peering around the corner. Steve will provide actionable insights, best practices, and real-world examples of the changing landscape of community banking.

U.S. Bancorp bets on corporate payments rebound

Payments Source

Bank Faster payments Earnings U.S. Bancorp

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Report: Consumer Concerns Over Data Privacy Threaten US Open Banking's Expansion

PYMNTS

In the latest U.S. The move comes after several U.S. Merchants looking to provide customers with faster and more personalized shopping and payment experiences must pay close attention to open banking developments in the U.S. The U.S.

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Happy 13th To Us!

BankBazaar

As we turn 13, it’s time to pause and thank those who made it possible for us to get here – YOU! The pandemic has forced many of us to rethink ways we go about our daily lives – from grocery shopping to eating out. The post Happy 13th To Us!

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Big US Banks Extending Credit To People Without Scores

PYMNTS

JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. Banking banking Banks credit JPMorgan Chase News us bancorp wells fargo What's Hot

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Fed's Brainard: US Needs CBDC For International Use Cases

PYMNTS

The dollar is very dominant in international payments, and if you have the other major jurisdictions in the world with a digital currency, a CBDC offering, and the U.S. Brainard said there would be some good reasons to do it in the U.S., PYMNTS reported that a U.S.

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US Bank eyes ‘autonomous banking’ future

Bank Innovation

Carousel Corporate Banking Innovation Strategy Open Banking Premium Product Design Retail Banking agile api data strategy innovation straegy open banking US Bank

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U.S. Bank, Plaid Partner To Offer Open Banking Choices

PYMNTS

Bank , the fifth largest bank in the U.S., The news release added that the two companies joined forces to upgrade U.S. The integration “includes new bi-directional functionality between U.S. Banking APIs banking News Open Banking partnerships Plaid U.S.

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Russian Hack Used Servers Inside US, Cybersecurity Company Says

PYMNTS

Sources told the Times the matter may have been exacerbated by the focus U.S. The Times quoted Democratic U.S. Security & Fraud Hackers News Russia Security us What's Hot

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US Consumer Confidence Stays Strong In July

PYMNTS

The Consumer Confidence Index, sitting at 129.1 in July, is mostly unchanged from its previous several months, according to a report from The Conference Board. The Present Situation Index, which is based on the assessment of current business and market conditions, rose from 159.6 to 160.3,

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NCR Tapped By U.S. Century Bank For Digital Banking Technology

PYMNTS

Florida-based U.S. Andy Collazo , executive vice president and head of bank operations for U.S. Banking banking Digital Banking NCR Corporation News U.S.

US Business Applications Taper Off In June

PYMNTS

Applications to start a new U.S. The Commerce Department also noted that the applications had decreased across the board for all U.S. business aren't spiking as much as usual for the month of June this year. According to the Commerce Department, business applications were down 9.8

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Ripple CEO Calls US Crypto Rules 'Frustrating'

PYMNTS

Facing charges from the U.S. Garlinghouse said the U.S. Securities and Exchange Commission (SEC), the CEO of Ripple fired back on Friday (April 30), saying that cryptocurrency regulations offer a “frustrating” lack of clarity.

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US TD Banks Snarled By Outages

PYMNTS

TD is one of the biggest banks in the U.S. Toronto-Dominion Bank (TD) is being hit by digital outages. These outages are affecting customers and employees, the Canadian bank tweeted on Thursday (July 15), according to a Thursday (July 15) Reuters report.

New U.S. Chamber Initiative Tackles Labor Shortage

PYMNTS

The U.S. As we stand on the cusp of what could be a great American resurgence, a worker shortage is holding back job creators across the country,” U.S. The U.S. Last month, the U.S. Economy COVID-19 Pandemic Enhanced Unemployment labor News u.s.

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Kristy Carstensen, U.S. Bank

Payments Source

She could have been called "Doctor Kristy" at some point, but Carstensen followed a gut feeling that the medical profession wasn't truly for her — and she could have a bigger impact on financial and payments services in the banking industry. Women in Payments

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Chinese US IPOs Face SEC Rules As Stocks Plummet

PYMNTS

The U.S. At the same time, the SEC stated that Chinese firms can’t raise funds in the U.S. Before the recent developments, U.S. Chinese firms listing on U.S.

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Q1 2021 US credit card issuer snapshot

Accenture

The post Q1 2021 US credit card issuer snapshot appeared first on Accenture Banking Blog.

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Mastercard sees contactless acceptance triple in U.S., Brazil

Payments Source

Contactless payments U.S. Brazil Mastercard

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US Hits Biden’s 70 Pct COVID Vax Goal

PYMNTS

It’s a month later than President Joe Biden had hoped, but 70 percent of U.S. Read More: U.S. Mississippi is the lowest in the U.S. adults have had at least one COVID-19 vaccine shot, according to Centers for Disease Control and Prevention data released Monday, August 2.

Will ‘Zombie Companies’ Eat The US Economy?

PYMNTS

Will so-called “zombie companies” soon do the same to parts of the U.S. In an age where U.S. Non-financial corporate debt was already high even before COVID-19, equating to nearly half of U.S. You know the setup — the one that’s part of seemingly every horror movie ever made.

US Bank deploys smart assistant to boost digital banking

Mobile Payments Today

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app

Improving Your Bank's Digital Experience

ATM Marketplace

For the past 20 years he has worked as an executive with some of the largest banks in the U.S. Rick Jaros, a principal with Spinnaker Consulting Group, has experience in digital integration, business strategy and change management.

U.S. Bancorp bets on corporate payments rebound

American Banker

Bank Faster payments Earnings U.S. Bancorp

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Beijing’s Crackdown Triggers Fallout In US-Listed Chinese Stocks

PYMNTS

The fallout from Beijing’s crackdown on Chinese education stocks listed in the U.S. Stocks from China that were listed in the U.S. Two U.S.-listed My gut sense is that China will try to reach some accommodation with the U.S. For now, China wants to keep the U.S.

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U.S. Bank to offer custody service for digital assets

Payments Source

Bank Digital currencies

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U.S. Bank bets against Zoom fatigue in customer service

American Banker

Digital banking U.S. Bancorp Mobile banking Preventing Fraud and Reducing Friction - ID Authentication Customer experience

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Report: US Median Income Up, Poverty Rate Down In 2019

PYMNTS

Prior to the COVID-19 pandemic that struck earlier this year, U.S. Median household income in the U.S. increased by nearly 7 percent last year to $68,700, up from $64,324 in 2018 while the number of people living in poverty fell, the U.S. percent, the U.S.

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Mexican Remittances Set Surprising US Record

PYMNTS

Mexicans and Mexican-Americans working in the U.S. sent a record sum of money to the southern country despite the staggering blows the U.S. In just one month — July 2020 — people in the U.S. One reason is that much of the work performed in the U.S.

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US Bank On Improving B2B Payments Via Open Banking

PYMNTS

More than $25 trillion flows between U.S. The U.S. Countries around the world — including the U.S. Both of these challenges are going to be incumbent on banks to address, as the U.S.

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Q4 2020: US credit card issuer snapshot

Accenture

The post Q4 2020: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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