Blog Archives

03
May
Retail Trends
Foot traffic in clothing stores approaches pre-pandemic levels

Apparel stores are seeing more demand now as people start to go out more often, The Wall Street Journal reported on Sunday (May 2). The demand comes at the junction of numerous events, including more social events opening up, vaccines expanding in

by FiNet

Continue Reading

29
Apr
Studies
Electronic payments surged in 2020

The pace of electronic payments jumped last year at a faster pace than the year before as top banks sent more payments than ever during the COVID-19 pandemic, with 26.8 billion transactions worth $61.9 trillion, according to Nacha’s annual report.

by FiNet

Continue Reading

27
Apr
Legislation  ·  Mastercard  ·  Visa
Visa, Mastercard face biggest challenges in a decade

By Lynne Marek | PaymentsDive Senate Majority Whip Dick Durbin was riled up when he leaned into his microphone to speak last month at an antitrust subcommittee hearing. The source of his consternation? The dominance of Visa and Mastercard. Durbin,

by FiNet

Continue Reading

23
Apr
Contactless Payments
What are contactless payments? Let’s break it down…

How we pay for things and services that we need has evolved over the years. First there was trade and then cash. Now we have a heavy reliance on cashless transactions. Contactless payments, with all their benefits, seem like the

by FiNet

Continue Reading

22
Apr
Retail Trends
Bad retailers are failing as innovative merchants thrive, Wharton expert says

Brick-and-mortar stores took a big hit during the pandemic, but the big casualties were bad retailers, not those that took advantage of “stay at home consumers,” by inventing ways to make online buying seamless and yes, even positive experiences. That’s

by FiNet

Continue Reading

20
Apr
Cannabis
Cannabis banking act passes U.S. House with bipartisan support

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement) banking act provides safe harbor for financial institutions to work with cannabis operators. If passed

by FiNet

Continue Reading

19
Apr
Consumer Spending
Reopening Shopping: Digital reality overshadows economic optimism

The cross-currents around the pandemic and the impending recovery continue to swirl. As of April 17, 85 million Americans had been vaccinated. Yet, new strains of the virus and anti-vaxx protests have put some states smack in the middle of

by FiNet

Continue Reading

14
Apr
EMV  ·  Pay-at-the-Pump
Gas EMV is a daunting task, but a triage approach is possible

The April 17 transition deadline for EMV at outdoor fuel pumps is nearly upon us. Failure to comply means operators, instead of the credit card companies, will assume 100% liability for chargebacks associated with fraudulent transactions at the pump. Still,

by FiNet

Continue Reading

13
Apr
Cashless Business
More than a year into the pandemic, concerns are still swirling about bans on cash

More than a year after the Covid-19 pandemic hit, igniting fears that the virus could be spread by handling currency, a group of three financial associations and a Chicago-based cash-in-transit and money-protection service sent a letter Monday to members of Congress,

by FiNet

Continue Reading

08
Apr
ECommerce
Mastercard: Digital-Shift Spurs $900B New eCommerce Spend

The traction gained by the digital-first economy has seen its share of eye-popping data points. Case in point: PYMNTS’ most recent Global Shopping Index found a 60 percent increase in the share of purchases made with digital devices since March

by FiNet

Continue Reading

Page 3 of 7


Click to access the login or register cheese