As Payments as a Service (Paas) soars, multiple businesses have formed partnerships and rolled out new EMV-enabled security to protect sensitive payment information. According to the latest edition of the PYMNTS.com Payments as a Service Tracker, done collaboratively with Cayan, several companies have partnered with one another to improve their security going forward. Action Systems…
In Other News: PYMNTS (awards); ELAVON (ariane); EMAZZANTI (ranking); and AMEX (LGBTQ). PYMNTS – The winners of the 2016 PYMNTS/Alexa Challenge include Visa and USAA. There were 12 teams and 14 companies in a five-week competition to use Alexa and her voice-activated technology to reimagine how consumers interact with their payments and financial services solutions…
A new study reveals several blind spots for larger merchants when it comes to converting online shoppers into buyers at checkout. The latest PYMNTS.com/BlueSnap Checkout Conversion Index shows an improvement of three points to 56.4 from Q1 2016 to Q2 this year. Only 10 websites scored an “A” (75-plus), 162 earned Bs (65-75), and nearly…
A new study shows that four out of five millennials are using mobile banking services to save money. The latest PYMNTS.com Digital Banking Tracker focuses on companies planning new ways to help millennials securely access their financial information on their mobile devices. According to research released by Halifax Savings, 80% of adults between the ages…
In Other News: MITSUBISHI (award); BLUESNAP (award); THE BANCORP (video); and CSI (award). MITSUBISHI – Mitsubishi UFJ Financial was named Americas Bank of the Year for 2015 by IJGlobal, the project finance and infrastructure magazine’s top annual regional honor. BLUESNAP – BlueSnap won a 2016 PYMNTS Innovator Award in the category of Best Merchant Solution.…
A new study of 39,000 data points, across 657 sites and 14 merchant categories shows that merchants are not optimizing their sites for mobile checkout. BlueSnap and PYMNTS say merchants are leaving as much as $152 billion dollars on the table. That is the key finding from the latest Checkout Conversion Index.T CCI is a…
A new study shows online sales may top $105 billion this holiday season, but merchants are missing out on making nearly $38 billion more due to the frictions that remain from discovery through checkout.
In today’s CardFlash News Que: AMEX (Centurion Lounge); SYNCHRONY (Charlotte); PREPAID PRESS EXPO (event); and PYMNTS (report).
In today’s CardFlash News Que: CASHSTAR (Payments 2015); WELLS FARGO (College); PAYITSIMPLE (Award); and COMMON BOND (CRO).
In today’s CardFlash News Que: SHOPKEEP (SSBI); WEX (Evolution1); FIS (InfoShare Conference); and PYMNTS (R2).
FIS has opened its fourth payments innovation lab to serve as a hotbed for the continued development of the Company’s disruptive digital and mobile capabilities, as well as shorten time-to-market for new applications.
The PayRange system includes Blukey™ hardware, a mobile app and service, and is poised to be the world’s simplest payment solution for machines. When users are in “PayRange””or about arm’s length from the machine”they receive an alert and can then immediately “swipe” their finger on their smartphone’s touchscreen to send payment to the machine via a Bluetooth LE connection.