This year witnessed the emergence of alternatives born out of necessity rather than as something in addition to traditional establishments and the shift couldn’t be more pronounced in everything from personal finance to business.
Like any other industry in 2020O, online dating also faced challenges. In this economically turbulent period, online dating industry has not only successfully overcome the bumps on the road, but also managed to post impressive and continued growth figures.
The fast-changing world of digital business is one in which staying ahead of the competition is often as much about thinking outside of the box as it is anything else.
From pioneering the art of customer service online to using artificial intelligence to handle many of their operational tasks, digital banking is not just a glimpse of the future of finance. It is a peek into the future of the world of business itself.
The future of global commerce could be a cashless society, many experts predict, and that puts the burden on financial institutions to make sure their customers’ data is secure and protected. As digital banking rises to replace the more traditional industry, one phenomenon has arisen hand-in-hand with it and that is the use of biometric technologies.
As multiple aspects of daily life migrate towards the virtual space, traditionalists still try to cling to the notion that love can be found by happenstance meeting or while out and about in public. We in the digital banking space know the truth to be something quite different from this.
The rise of the Internet and the spread of smartphones is, together, perhaps the single most powerful force of economic change ever at any point in history.
Fraud prevention in business is often priority number one for merchants operating in the online marketplace. But fraud detection is often about more than being wary of all of those potential threats that lurk on the horizon while online. In fact, sometimes a crippling security compromise can emerge within your very team itself, whether on purpose or by accident.
With more and more customers shifting to online services the need for robust and scalable fraud prevention is in need now more than ever before. Payments fraud are not only the bane of every online retailer’s existence but also they are fraught with other dangers for consumers as well.
A PYMNTS.com interview: As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. A virtual IBAN is a reference number issued by…
One of the fastest-growing segments of the financial services industry is the movement of retail banking customers from traditional banking solutions to new digital banking service providers. To be fair, some of these “new” digital banks are actually just the traditional banks with a new shape and format, and sometimes even a different name.
A PYMNTS.com interview: In Europe, the great digital shift is spurring traditional banks to play a bit of catch-up. Lilia Metodieva, managing director at Monneo, told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain…