A new study found 40% of frequent restaurant visitors prefer to order online, and spend 26% more per online order at quick service restaurants (QSRs) and 13% more in casual and fast casual establishments. The Deloitte Consulting report: “The restaurant of the future: Creating the next-generation customer experience,” uncovers the options that surveyed restaurant…
Toronto-based Givex has launched an online gift card purchasing site and card builder for small businesses. The online card builder enables merchants to edit a wide range of existing designs or upload their own images and logos to create their own card. Gift cards are the most-requested gift and an essential product for a business…
JCB has inked a license agreement for issuing prepaid cards for abroad (electronic travel checks) with Ctrip Financial Service (Hong Kong) Limited, which is the first online travel agency in China. Ctrip operates websites and apps and provides online reservation services mainly in China for travel related products such as hotel, airline tickets and railway…
New research on consumer friction and fraud attrition reveals well-intended step-up authentication challenges create friction and dilute consumer relationships. Of those saying performing additional steps had a negative effect on their perception of their bank and that it affected their behavior, 30% changed banks, 26% called customer service to complain and 26% used online/mobile banking…
Top five digital banking services include balance inquiries; online bill payment/ATF; money transfers; finding branch/ATM locations; and customer service support. Atlanta-based VSoft Corporation finds among consumers who have a financial institution, 99 percent say their bank currently offers digital banking services and 88 percent use at least one of those digital services. Conducted on behalf…
In 2016, every business is a digital business. Traditional businesses will be vulnerable to disruption, and emerging industries will face new threats. With cyberattacks costing businesses about half a trillion dollars – conservatively – in 2015 alone. What does 2016 hold?
CardFlash News Briefs: PURCH (ShopSavvy); CLEARANT (OpenCart); PAYCERTIFY (Paytronicks); and EC4IM (chargebacks).
Chase implied plans of collaboration with peer-to-peer (P2P) lenders are in the making as crowdfunding takes shape and legitimacy. New data shows the market in the U.S. is HUGE.
London-based Powa Technologies has inked a 10-year strategic alliance with China UnionPay to create a ubiquitous new standard in mobile commerce for CUP’s 1.3 billion credit and debit card users.
While demand for funding by SME’s (small mid-sized enterprises) is down, new research reveals an increase in access from alternative business financing options. Bank loan financing currently has only a 35% financing success rate and is driving alternative sources.
CardFlash News Briefs: INSIDE (award); KOUNT (funding); I2C (Canada); and COMDATA (network).
Los Angeles-based Allied Wallet has the something in common with Democratic White House contender Hillary Clinton. Allied’s CEO Andy Khawaja met with Hillary Clinton to share their affinity for entrepreneurs.