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Blockchain Technology

How Blockchain Technology Is Fixing Payments Today and What Comes Next [2024 Update]

The challenges that come with payment for items are plentiful. It takes a while for some payments to go through, plus it is tough to trace some deals. Cross-border payments are also burdensome, as people have to go through many legal obstacles to move funds. The potentially expensive fees can also be a burden, plus […]

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Gen Z Millennials’ Changing Preferences Drive Financial Technology

Technology and trends change with each generation, a point that is true about millennials. The millennial generation has some unique preferences surrounding how they handle their finances that are different from what other people have used in the past. These points are especially true for credit cards. Millennials have unique ideas for what they want

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GameStop Now Has An Additional $551 Million To Fund Its eCommerce Transformation

The video game retailer GameStop was in the news for a while earlier this year, as the company saw its stock price rise thanks to a Reddit-based purchase frenzy. But GameStop is in the news once again, as the company has raised $551 million to manage its ongoing transition to the digital sector. GameStop raised

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BNPL Schemes

BNPL Schemes Make It Easy To Spend, But Harder To Understand the Risks [2024 Update]

The concept of buy-now-pay-later transactions sounds convenient for many people. The idea allows a person to purchase a product on credit and then pay for it after an interest-free period. The customer can also pay for the item in installments. Online retailers have been using BNPL schemes for a while. They have also become available

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Why Are Apple Pay, the Starbucks App, and Samsung Pay More Successful Than Other Mobile Wallets?

The odds are you’ve heard about many online wallet solutions. These systems let customers link their credit or debit cards to a wallet setup. The customer can then complete a transaction through one’s phone or another NFC-enabled device. It offers a convenient way to handle payments. It ensures people can complete transactions with physical cash

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ACH Network Hits 2.7 Billion Monthly Payments In Record-Setting Quarter [2023 Update]

The Automated Clearing House or ACH network saw a dramatic rise in its quarterly volume. Nacha, the group that runs the ACH network, reports that the network saw 7.1 billion payments during the first quarter of 2021. The total equals about 2.7 billion payments per month. The quarterly report is an 11.2 percent increase over

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Cross-Border Ecommerce: Three Challenges Defining the Next Decade [2024 Update]

Cross-Border Ecommerce has been inviting for many people and businesses. People are interested in finding products from various corners of the world. Many people or companies also purchase items from countries that have lower tax levels. There’s also the advantage of groups expanding their reach by selling their wares to more parties. There are many

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PayPal Launches New Merchant Fraud Protection Tool

Digital threats are becoming common, and there are concerns on how well businesses can stay protected from these issues. The global pandemic has prompted many people to complete more transactions online. These include card-not-present deals that might be vulnerable to online threats and other concerns. These problems may continue well after the pandemic officially ends.

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