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April 12 Global payments newsletter: 2Checkout, Mitek, 2018 C-store sales, JPMorgan, weekly roundup, more… |
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US tax deadlines are looming, but our global payments news roundup will give you a welcome distraction. We’ve got a look at global digital commerce trends from 2Checkout, highlights of convenience store sales for 2018, Mitek’s launch of desktop ID verification, JPMorgan’s new EU real-time payments and our popular weekly global payments news roundup.
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Convenience store sales up 8.9% to $654.3 billion in 2018
It looks like things are looking up at the corner convenience store these days according to a recent annual report of the NACS. Convenience stores sales make up 3.1% of US gross domestic product of $20.5 trillion and despite increasing costs, record in-store and fuel sales led to last year’s positive industry growth. Read more… |
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2Checkout report highlights 2019 global digital commerce trends
A new report from 2Checkout shows an increase in global digital commerce sales of software, SaaS and online services as well as growth in sales of subscriptions for these services. 2Checkout analyzed millions of customer transactions on its global platform between March 2018 and February 2019 to identify several key findings. Read more… |
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JPMorgan adds EU instant payments with SEPA
For more than a year, JP Morgan has offered real-time payment processing to its customers in the US. This week, JPMorgan added European instant payment services for its clients with the launch of SEPA Instant in the EU. This makes it the first bank to offer real-time payment services in USD, GBP, and EUR. The bank reports it is handling nearly one million real-time payments monthly. Read more... |
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Mitek launches identity verification on desktop
While identity verification using mobile devices is well established, Mitek just upped the game for financial businesses and companies wanting to provide desktop verification for customers as well. Mitek’s mobile auto-capture technology can now be enabled on desktop devices with the same high-quality capture and digital identity verification used by millions of customers around the world. Read more... |
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April 12 Global payments news roundup...
US tax deadlines are near, but our global payments news roundup will give you a welcome distraction. We’ve got a look at worldwide digital commerce trends from 2Checkout, a snapshot of payments industry mergers and acquisitions, highlights of convenience store sales for 2018, and Amazon’s response to the cashless payments bans. All that and more. Read more... |
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