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Payments Perspectives Blog

Merchant Scope: How to Bank On SME Merchants

Nitin Sumangali |

If there was one dominant statistic from our recent Merchant Scope study “Small-To-Mid Sized Merchants Seek Competitive Technology in an Omni-Channel World” it was this: 90 percent of small-to-medium-sized merchants have an eCommerce presence. Only 20 percent can take live orders and process payments. It is a daunting gap, especially when stacked against the technology
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Smart Wallet, Smarter Consumer Behavior: Just Think Twice, It’s All Right

Nicole Yap |

When we want something, we want it as fast as possible. With the addition of new technology, shopping has never been easier; items go from merchant to consumer in a matter of seconds. The release of the new Amazon Fire phone capitalizes on this idea of making transactions quick and easy. From a consumer perspective,
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Why Should Banks Care about Wearables? Last in a Series

Alissa Saoutina |

The answer is:  wearable technology has an impact on consumer expectations for experience and usability of various products outside of daily fitness tracking—which is the context in which you usually hear about wearables. Banking and wearables are in the similar business of tracking consumer activity (steps vs. transactions) and presenting information in a format that
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Emerging Payments Head Ed McLaughlin Leads Wharton Conference with Inclusion Message

John Gaffney |

Including the underbanked and moving toward a cashless society were the main themes on the part of MasterCard’s chief emerging payments officer Ed McLaughlin at the recent Wharton Social Impact Conference. Keynoting the event, McLaughlin told the conference that mobile devices will help include underbanked populations and give them access to the programs and financial
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Financial Wearables Continued: Financial Health Lessons from FitBit and Others

Alissa Saoutina |

People realize they need help to be financially healthy. Example: Accenture reports 68 percent of US respondents say they would welcome a safe-to-spend analysis from their bank. Third parties and select banks are creating ways to help consumers to achieve financial health. A healthy consumer leads to a healthy bank; a healthy bank leads to
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