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Goldman Sachs, General Motors And The Race To Capture Connected Car Commerce

PYMNTS

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

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How Sports Stadiums Are Undergoing Digital Transformations

PYMNTS

Oklahoma City’s Chesapeake Energy Arena implemented cloud-based solutions to make payment processes faster and more efficient. Between 2016 and 2018, the volume of orders placed through mobile apps grew by 130 percent, according to PYMNTS’ Mobile Order-Ahead Tracker. No industry is immune to digital transformation. Mobile Ticketing.

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Deep Dive: Why Contactless Card-Not-Present Transactions Are Gaining New Momentum

PYMNTS

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . These safety and convenience considerations are pushing more consumers to use — and more merchants to enable — contactless and CNP payments.

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U.K. Sees Card-Not-Present Purchases Soar

PYMNTS

With the popularity of online shopping, it should come as no surprise that there’s been an uptick in card-not-present purchases. Cards Association (UKCA) finds that the amount of purchases made through debit and credit cards has more than doubled in the past decade. A new report from the U.K. There were 6.7

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Today in Data: QR Codes in Payments

PYMNTS

QR codes are making waves in the digital payments arena. EMV managing leg EMVCo has shared news of its two new QR code payment offerings, but Mastercard’s Masterpass QR is gaining traction in areas around the world. trillion | Amount of mobile payments made in China alone each year. Here are the numbers: $5.5

EMV
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Amazon Payments. Amazon has aggressively invested in payments infrastructure and services over the last few years. Making payments more cash efficient for Amazon and frictionless for customers is a key priority.

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Today In Data: Visa Automated Tolls Could Save Billions For India

PYMNTS

Jumping on the bandwagon of quick and easy mobile payments, Visa is slated to launch an open-loop contactless payment system at highway toll plazas across India, furthering the Reserve Bank of India’s Payment Vision 2018 of moving India to a less-cash society. billion | Estimated U.S. billion | Estimated U.S.