North America

Payment options have been evolving for ages, and with the development of technology, it has been growing even faster.

As Uber & Lyft disrupted transportation and Amazon & Alibaba disrupted commerce, FinTechs tried doing the same to the financial services industry, but one major disadvantage: the traditional players had something special, and that it turned out that it is indeed a strong moat – the banking license.

Merchants lose on average 1.5% of their annual revenue to fraud attacks, representing product and service losses, chargeback fees, and potential scheme programs.

Financial inclusion is one of the most prominent themes underpinning the global financial services landscape transformation.

Artificial intelligence (AI) is one of the most impactful technological revolutions the world has witnessed.

A research report by Goldman Sachs in 2015 estimated that a part of the traditional financial services’ revenue ($4.7 trillion out of $13.7 trillion) is at risk of being displaced by new technology-enabled entrants, which include FinTech players from lending, wealth management, payments, and others.

This third wave of connected commerce enabled by invisible payments is vital for all brands that want to add more convenience to the daily life of a consumer.

To beat out the competition, a growing number of auto loan providers are harnessing Phone-Centric Technology™ to cut down on time it takes to complete the necessary forms, improving customer experience and increasing sales.

The white paper is a guide to the latest identity verification and authentication technologies and best practices for layering advanced identity techniques to mitigate fraud and reduce friction.

Even though banking processes have changed and become much more efficient and transparent than before, the need to further lower compliance costs is still a key priority.

Understaffing caused by a tight labor market is the primary reason why wait times are growing at PSAPs.

About 20 years ago, when Jeff Bezos took Amazon public, he told his shareholders that delivering the best customer experience was his primary objective – even if it came at the short-term expense of shareholder value.