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Oct 5 Payments NEXT newsletter: Holiday sales predictions, Cleo banking app, Global Payments Quiz, GoCardless, more… |
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Welcome to the weekly global payments news roundup where it’s beginning to feel a lot like Christmas sales predictions. At least according to the National Retail Federation, which says holiday sales should be up 3.8% to 4.2% over last year. We profile a new banking app Cleo which has great features and tons of AI attitude. So, you think you know payments globally? Take our Global Payments Preferences Quiz and you may be surprised. GoCardless launches ACH debit payments for business in the US and abroad. Check out the rest of the roundup below and have a super weekend!
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2019 US holiday sales should grow 3.8%-4.2%
The National Retail Federation (NRF) predicts sales this holiday season should be up 3.8%-4.2% over last year. Despite concerns about a hangover from China-US tariff disputes, the NRF is hoping US holiday sales will reach between $727.9 billion and $730.7 billion, excluding auto, gasoline and restaurant sales. Online sales should also be up 19%. Read more… |
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Finally, a BFF bank app for Gen-Zennials
Yo! You knew it was just a matter of time before your kids got a bank app that only speaks their language and doesn’t want to talk to Boomers at all, right? When a news release announcing its US banking app launch starts like this, you know you’re into radical territory: “Cleo, the money management app with a sense of humor and zero-tolerance policy for bullsh*t has announced their US arrival from their base in London.” Read more…
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Are you a global payments expert? Take the test!
GoCardless is out with a new report on payment preferences in 10 major markets that comprise 80% of global e-commerce. The report gives us valuable insights into consumer payment preferences in 10 countries. We’ve got a quick quiz to see how much you know about the payments landscape in each of these important e-commerce markets. Ready to test your payments prowess? Read more... |
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GoCardless launches international ACH debit payments in US
UK-headquartered GoCardless launched services to enable international ACH (Automated Clearing House) debit payments for US companies in more than 30 countries around the world. The new service also enables easy US payments to GoCardless’s existing 40,000-plus international customers. GoCardless has built a global bank debit network to rival credit and debit cards and is designed and optimized for taking easy, less expensive invoices, subscription, membership and installment payments. Read more... |
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Oct 4 Global payments news roundup
In the payments news roundup, we’ve got Samsung Pay and Finablr’s new cross-border payments partnership, as well as Payoneer’s new US international payments initiative and alliance with Brex. You know, Amazon’s Go’s cashierless technology? It may be coming soon to airports and movie theaters near you. Not to mention, UPS which got FAA approval for a new “drone airline” delivery service that will first target healthcare.
Speaking of the Future of Money, Logica has a new research report with valuable insights into spending, savings and mucho money matters. Finally, we take a look at card-linked marketing and its impact on O2O (online to off-line) e-commerce. Read more… |
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