contactless payments

Contactless payments are various touch free ways of paying. When you tap to pay with your contactless card or payment-enabled device, checkout is safe and secure. These payments are credit cards and debit cards, key fobs, smart cards (RFID, and NFC), or other devices, including smartphones and other mobile devices.

How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness
July 02, 2020  |  Next-Gen Debit

Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay...

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Deep Dive: How SMBs Can Brace For Changing Digital Payment Regulations
Deep Dive: How SMBs Can Brace For Changing Digital Payment Regulations
July 01, 2020  |  Bank Regulation

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s...

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UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
UK Financial Authority On The COVID-19 Pandemic’s Impact On Open Banking
June 30, 2020  |  Bank Regulation

The pandemic has accelerated consumer preferences for contactless payments, leaving merchants scrambling to process higher volumes while remaining compliant with rules for strong customer authentication...

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New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
New Report: Aiding Pandemic-Related Financial Hardships Key to Credit Union Member Loyalty
June 30, 2020  |  Credit Unions

Credit union (CU) members are traditionally loyal, but the accelerated shift to digital banking amid the pandemic has led a growing number to consider other...

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Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards
June 29, 2020  |  News

In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. Plus, the...

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A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements
A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements
June 29, 2020  |  Bank Regulation

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting...

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ADP: Pandemic Prompts Firms To Replace Checks With Pay Cards
ADP: Pandemic Prompts Firms To Replace Checks With Pay Cards
June 29, 2020  |  Digital Payments

The pandemic has spurred businesses — by necessity — to use digital means to interact with their employees and to keep operations humming. And the...

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Wells Fargo: First Impressions Are Key When It Comes To Digital Onboarding
Wells Fargo: First Impressions Are Key When It Comes To Digital Onboarding
June 26, 2020  |  Digital-First Banking

Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services....

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Why 7-Eleven Is Betting On Voice Commerce To Keep Customers Loyal
Why 7-Eleven Is Betting On Voice Commerce To Keep Customers Loyal
June 26, 2020  |  Voice Activation

7-Eleven rocked the world of customer loyalty this week, which should be no surprise to anyone who has seen Tarang Sethia in action. As the...

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