The Future of Payments 2018

The payments industry is transforming. Noncash payments methods are quickly becoming the norm.Business Insider Intelligence Business Insider Intelligence projects digital payments to continue to grow through 2023 and beyond.See the rest of the story at Business Insider See Also: Amazon Pay might be coming to Canada Mastercard and Visa are proposing fee cuts in the […]

THE VOICE PAYMENTS REPORT: The next major interface for payments

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. Click here to learn more. BI Intelligence A revolution in payments and banking is beginning as virtual assistants like Siri and Alexa gain the abilities of cashiers, personal shoppers, and bank tellers.See the rest of the story at Business Insider […]

How and why the payments industry will experience massive growth over the next five years

The payments ecosystem is undergoing a period of digital transformation, which will spur tremendous growth in money moved around the globe in the next five years. Consumers and businesses will make 841 billion noncash transactions worldwide in 2023, up from 577 billion in 2018. The next five years will mark a pivotal transformation in how […]

Garmin brings music, NFC payments, onboard mapping to Fenix 5 Plus watches

Garmin On the heels of announcing thoughtful updates to its Vivoactive 3 device, Garmin is bringing some of the same, new wearable features to the Fenix line. The new Fenix 5S Plus, Fenix 5 Plus, and Fenix 5X Plus devices finally have Garmin Pay and music storage now, and they include advanced biometric and routing features […]

How payments companies can take advantage of a trillion dollar processing opportunity

BII This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here. Relative to many other sectors around the globe, the US healthcare industry has been notoriously slow to embrace new payment systems and processes. See the rest of the story at […]

How payments firms are upgrading their service offerings to meet evolving merchant demands

BII In an increasingly digitized world, brick-and-mortar retailers are facing immense pressure to understand and accommodate their customers’ changing needs, including at the point of sale (POS).  More than two years after the EMV liability shift in October 2015, most large merchants globally have upgraded their payment systems. And beyond upgrading to meet new standards, many […]

Mortgage news: Payments reached their most affordable levels in over four years

Typical mortgage payments accounted for less than a third of homeowners’ disposable income in the fourth quarter of 2017, compared with nearly half in 2007, Halifax said. It said the significant improvement in affordability had been driven by historically low mortgage rates, despite the first base rate rise in a decade in November. The 29 […]

Costco under investigation by Ontario forensic team over drug company payments

Costco is under investigation by an Ontario government forensic team that specializes in “allegations of wrongdoing against government” after the retail giant received $ 1.2 million in potentially illegal payments from a generic drugmaker, The Fifth Estate has learned.

What Do Biometric Payments Mean for the Future of Purchasing?

What Do Biometric Payments Mean for Future Purchasing? Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]