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3 Payments Trends to Watch in 2021

Payments Dive

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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U.S. adults using mostly cash drops sharply

Payments Dive

Affluence and age significantly affect whether people choose to use cash for purchases, according to the latest Gallup poll on cash use in the U.S.

US 329
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Wise, VizyPay target US hiring

Payments Dive

Some payments companies have plans for extensive hiring next year, despite the economic headwinds that led other players to contract this year

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PayPal brings Zettle terminal to US

Payments Dive

After launching the new terminal in Europe last year, PayPal is offering the point-of-sale equipment now for small businesses in the U.S.

US 212
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Back to Basics With Balance Sheet Reconciliations

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid.

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Three US cash trends persist, Fed report says

Payments Dive

The COVID-19 pandemic led U.S. consumers to change up their payment habits, but three long-term cash trends have mainly persisted, according to a Federal Reserve Bank report issued this month

Trends 355
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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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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

Bitcoin 171
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Amazon expands ‘Buy with Prime’ to all US merchants

Payments Dive

With help from Saas platform BigCommerce, the e-commerce giant is even looping sellers outside its own marketplace into its ecosystem

US 212
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US payments startup funding cut in half last year

Payments Dive

Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter

US 195
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by speeding up the month-end close and better managing your remote teams.

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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 Dollar Hits New Record High

South State Correspondent

US Dollar Climbs to New Record High. The post US Dollar Hits New Record High appeared first on SouthState Correspondent Division

US 195
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Stripe CEO praises European regulation over US

Payments Dive

Patrick Collison, who founded the company with his brother, gave an edge to the European Union in creating a regulatory regime where fintechs are thriving

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BNPL player Zilch expands to US

Payments Dive

Instead of collecting fees from retailers to move merchandise from their shelves, Zilch is linking with brands like Sephora and Nike to lure consumers looking to finance their purchases through installment payments

US 227
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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.

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Auto dealers tap US Bank for real-time payments

Payments Dive

Bank is using The Clearing House’s real-time payments system to offer auto dealers the option for speedier delivery of loan funding

US 212
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NovoPayment lands $19M, spearheads US growth

Payments Dive

Miami-based NovoPayment, the banking-as-a-service provider of digital payments and other services, is collecting capital for an expansion move in the U.S.,

Miami 195
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U.S. Bancorp bets on corporate payments rebound

Payments Source

Bank Faster payments Earnings U.S. Bancorp

US 89
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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.

Company 186
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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Join us as we discuss the various tangents of data and the change management process that will help you make better risk-based business decisions to save time and money for your organization.

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US Bank deploys smart assistant to boost digital banking

Payments Dive

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

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Consumer group US PIRG seeks BNPL crackdown

Payments Dive

A report this month from the organization outlines a litany of complaints about buy now-pay later, such as hidden fees, and suggests the industry is trying to evade consumer protection laws

Groups 227
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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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US Treasury, banks drill down on AML

BankInovation

Banks are leveraging automation in transactions to weed out suspicious activity from fraudsters, and the U.S. The U.S. Center of Excellence Premium regulators risk US Treasury

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100 Pipeline Plays: The Modern Sales Playbook

For the first time, we’re sharing the winning plays that took us from scrappy startup to a publicly traded company. Use our proven data-driven plays to grow your pipeline and crush your revenue targets.

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U.S. Bank: How Legacy Systems Impede Open Banking Adoption

PYMNTS

Application programming interfaces (APIs) and open banking are being harnessed to face these obstacles in turn, but their implementation has been slow in much of the world, including the U.S. US Bank on the Challenges Impeding Open Banking Adoption for B2B Payments.

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U.S. Bank Announces Amazon Alexa Integration

Bank Innovation

EXCLUSIVE- U.S. The Minneapolis-based bank ran an employee pilot over the summer and initiated work on the Alexa skill earlier in 2017, said Gareth Gaston, executive vice president and head of omnichannel banking at U.S. […]. Exclusive Innovations Mobile Retail Security Social Media Alexa amazon chatbot US Bank voice bankingBank has become part of a select group – banks that allow customers to access their accounts via voive with Amazon Alexa.

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

Payments Source

Bank Digital currencies

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US Bank validates innovation efforts at CES

BankInovation

Last week at the consumer technology event Las Vegas, U.S. Center of Excellence AI CIO innovation teams Premium US Bank

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The Role of Artificial Intelligence in Pandemic Response: Lessons Learned From COVID-19

In March 2020, the world was hit with an unprecedented crisis when the COVID-19 pandemic struck. This whitepaper reviews lessons learned from applying AI to the pandemic’s response efforts, and insights to mitigating the next pandemic.

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Basic income pilots gain momentum across US cities

Payments Dive

At least a dozen U.S. cities have implemented unconditional direct cash payment programs over the past year, as advocates seek to build evidence and experts debate the most effective structures

US 195
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US Bank eyes embedded car payments

BankInovation

Payments Apple digital payments Premium US BankBank is eyeing embedded payments in vehicles as more technology providers blur the lines between products, services and industries.

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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

The U.S. The rationale for the new regulations, as the government laid out in the Federal Register, is that "U.S. Cryptocurrency Bitcoin cryptocurrency News regulations U.S. Treasury Department proposed sweeping new rules late Friday (Dec.

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Russian Mir payments may benefit from US exit

Payments Dive

While overall Russian card payments volume is expected to decline as U.S. card companies exit the country, Russia's Mir payments system and related cards may benefit, according to new research. payments companies are expected to forgo about $2.4 billion in annual revenue

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US Bank’s SVP of payment services joins Bank Automation Summit US 2023

BankInovation

Lauren Kenney, senior vice president of payment services at U.S. Bank, will join the panel “Strategies for automating real-time payment processes” at the Bank Automation Summit U.S. View the full agenda for Bank Automation Summit U.S. Payments BAS US23 RTP US Bank