A survey report by American Express has found that nearly 77% of merchants in the US encountered some type of payments fraud and cost incurred …
Electronic payments account for 73% of all transactions in Canada December 9, 2019 Verdict Staff Nuxeo study reveals FS workers believe AI can transform industry
According to a new study, more than two thirds of UK Financial Services (FS) workers believe AI can transform traditional practices. Research from Nuxeo shows …
PayU study reveals wealth is no longer main driver of prosperity
A new study has revealed people’s definition of prosperity is more linked to financial security than to current income. PayU’s research found that three quarters …
Apple Pay overtakes Starbucks as most popular mobile payment app
Apple Pay has overtaken Starbucks as the most popular mobile payment app in the US, according to research from eMarketer. In 2018, 27.7m Americans used …
Majority of the UK still uses cash on a weekly basis and many prefer it
Good news for cash today as it is revealed that 83% of the UK makes cash payments on a weekly basis. In addition, a quarter …
SCA enforcement may lead to €57bn economic activity loss in Europe
Europe may lose €57bn in economic activity in the first 12 months following the implementation of Strong Customer Authentication (SCA) this September. The study, carried …
Americans increasingly prefer digital payments
Digital payments, such as person-to-person (P2P) transactions, have increased in popularity in the US, according to a study by TSYS. The latest TSYS Consumer Payment …
AFP study reveals rise in payment fraud
Eight two percent of organisations faced payment fraud in 2018, with large organisations found to be more affected, according to the 2019 AFP Payments Fraud …
Germans prefer contactless payments over cash
The majority (54%) of consumers in Germany forecast cash to become obsolete in a few years and they prefer contactless. First Data surveyed over 2,000 …
Cash overtakes digital as preferred payment option in US
Despite the increasing significance of digital channels, US consumers still prefer cash as a mode of payment and also want the right to select the …