European Acquiring: Opportunities and Challenges
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European Acquiring: Opportunities and Challenges
How Credit Card Issuers Pursue the Wary Millennial
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http://bit.ly/2v7rKf9
How Credit Card Issuers Pursue the Wary Millennial
With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best choices. We even share how we make money so you can rely......
How Credit Card Issuers Pursue the Wary Millennial
New on www.DailyBrian.com
http://bit.ly/2v7rKf9
How Credit Card Issuers Pursue the Wary Millennial
With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best choices. We even share how we make money so you can rely......
Winners announced: IIAR Analyst of the Year 2016
Winners announced: IIAR Analyst of the Year 2016 #ARchat
The IIAR is delighted to announce the winners of this year’s
IIAR Analyst of the Year 2016 and IIAR Analyst Firm of the Year 2016
AND THE WINNERS ARE…
Keep reading below for the IIAR Analyst of Year 2016, IIAR Global Analyst Firm of Year 2016, IIAR Independent Analyst of the Year 2016 and the best new entrants
Analyst relations pros voted for over 170 different individual analysts. Having run…
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Last Call For Old School Credit Card Fraud In The U.S.
Last Call For Old School Credit Card Fraud In The U.S.
The slow transition to chip credit cards by U.S. retailers hasn’t gone unnoticed by criminals. Counterfeit-card fraud will rise to $4.5 billion in 2016¸ up 12.5 percent from last year¸ as crooks ramp up their thievery before all merchants and banks have moved to accept the more secure chip technology¸ said Julie Conroy¸ an analyst at financial-industry researcher Aite Group. The theft is…
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IMS Opens DriveSync Platform for Next Generation of Connected Car Services
IMS Opens DriveSync Platform for Next Generation of Connected Car Services
IMS Opens DriveSync Platform for Next Generation of Connected Car Services
IMS provides a solution addressing the fragmented connected car ecosystem with an open cloud based platform to improve driver experiences.
DETROIT, June 4, 2014 /CNW/ - Telematics Detroit Conference – Intelligent Mechatronic SystemsInc (IMS), a connected car company, today unveiled the next generation of the DriveSync®…
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Survey Says: 43% Of Consumers Prefer To Use Credit Cards
By Fatima D. Lora, Assistant Editor Retail TouchPoints recently conducted a social poll via Facebook and LinkedIn which indicated that most (43%) of consumers prefer to use their credit cards when shopping at their favorite retailer. BIGinsight Analyst Randi Honkonen took the poll on LinkedIn and explained why she chooses to use her credit card rather than cash, a debit card or a smartphone. “I'm a big fan of my American Express card — I get points I can use like cash on Amazon. I rarely carry cash, and I prefer not to use my smartphone or debit card for security reasons.”
Similarly, Retail TouchPoints’ Contributing Editor, Lorna Pappas, opts for the credit card because she likes to receive CitiCard’s cash-back bonus points. “I also like to pay by check so my credit card balance doesn't get too high,” she said. One Facebook respondent offered to comment on why credit cards might be the most preferred method of payment. “I think [credit cards are] still more trusted than the phone and more convenient than cash,” said Jennifer A. Jones, SVP at MSLGroup, a division of advertising services provider, Publicis Groupe.
Although a majority of respondents chose to use their credit cards (43%), debit cards (25%) and smartphones (22%) still are preferred methods of payment over cash. ‘Smartphonatics’ Dominate Mobile Adoption An increasing number of consumers worldwide are adopting mobile payment methods. The group of consumers most interested in mobile technology and mobile payment are a particular segment of smartphone owners. Aite Group, an independent research and advisory firm, defined these consumers as “Smartphonatics” —people who change their shopping, financial and payment behavior as a result of owning a smartphone. “Nearly two-thirds of U.S. Smartphonatics say they’re using less cash than they did three years ago. Among other consumers, approximately 50% are using less cash,” according to an Aite Group study titled: The Global Rise of Smartphonatics: Driving The Mobile Payment and Banking Adoption in the Americas, EMEA, and Asia-Pacific.
“The differences between Smartphonatics and other consumers are reflected in their choice of payments,” the study noted. “Paying with a mobile device is already the preferred method of payment for small-ticket items, higher-value goods and person-to-person transactions among a small percentage of Smartphonatics. This percentage is sure to increase as the number of retail locations accepting mobile payments rises.”