Tag : Consumers

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Hurdles for Cross-Border and Digital Payments Across the Eurozone

Or Paran
by Or Paran0131
By Or Paran, VP of Sales & Business Development at Shift4 The value of cross-border e-commerce transactions is projected to grow by 107% globally by 2028 and comprise a third of all e-commerce spending, more than doubling its current value to over $3.3 trillion. EU businesses would be well-advised to......
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GlobalFintechSeries Interview with John Sun, CEO at Spring Labs

Paroma Sen
by Paroma Sen0144
John Sun, CEO at Spring Labs chats about Spring Lab’s new AI-powered copilot and the eventual impact of AI across fintech: __________ Hi John, tell us about yourself and your role at Spring Labs. How has Spring Labs evolved in the last few years? I’m the CEO at Spring Labs; we......
Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection
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Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0149
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
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Pay by Bank: Will the US catch up to Europe?

Eric Shoykhet
by Eric Shoykhet0237
One of the biggest differences in the way US and European consumers pay for goods and services is the credit card: Americans rely on their credit cards as a way of life, and European consumers do not. In fact, Europeans seem to have an aversion to credit cards. As a......
Consumers’-Growing-Demand-for-Simplicity-and-Security-Helps-U.S.-Bank-
Banking Finance Fintech News

Consumers’ Growing Demand for Simplicity and Security Helps U.S. Bank Top Javelin’s 2024 Digital Banking Scorecards

PR Newswire
by PR Newswire0115
Javelin Strategy & Research released the 2024 editions of its annual Mobile Banking Scorecard and Online Banking Scorecard, with U.S. Bank earning Best in Class in both scorecards and ending Bank of America’s six-year reign atop both scorecards. The 2024 Scorecards highlight the growing importance to consumers of an intuitive experience and secure......
Trulioo-and-Mastercard-Partner-to-Streamline-Onboarding-for-Consumers-and-Merchants
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Trulioo and Mastercard Partner to Streamline Onboarding for Consumers and Merchants

Business Wire
by Business Wire0166
Collaboration paves the way for more innovative, secure onboarding experiences Trulioo, an industry-leading identity platform with extensive global coverage for consumer and business verification, today announced a partnership with Mastercard, a global technology company to deliver innovative identity verification solutions to streamline digital onboarding for both merchants and consumers, while......
Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience
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Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience

Business Wire
by Business Wire0151
Improved payment experiences are vital to merchants, with 94% considering payments a strategic priority Discover Global Network, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives......
FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application
Banking Fintech News

FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application

Business Wire
by Business Wire0161
FIS® Digital One™ Flex Mobile 6.0 is a new mobile banking application tailored for financial institutions. The solution enables banks to serve the evolving demands of customers as digital experiences change. New functionality includes enhanced user experience, security, and money movement capabilities Global financial technology leader FIS has launched an enhanced......
8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed
Banking Finance Fintech News

8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed

Business Wire
by Business Wire0150
Banks continue to see strong levels of customer acquisition via digital channels; 42% registered for an account via an app, 35% via website, Onfido survey shows. Users find digital identity verification both secure (81%) and convenient (88%), highlighting that security and convenience can and should go hand in hand. Integrating......
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Global Fintech Interview with Valentina Kristensen, Corporate Affairs Director at OakNorth

Fintech Staff Writer
by Fintech Staff Writer0386
Could you please tell us a little bit about the history of OakNorth and the journey to date? OakNorth was founded in September 2015 with one fundamental purpose: to serve and empower small-to-medium sized businesses (£1m-£100m turnover) that were seeking to scale but were routinely underserved or overlooked by traditional......
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