What We’ve Been Reading

Posted by Bethany Frank on 22 Sep 2016

the latest news in payments and fintech

Check out the latest in payments and financial technology news from around the web:

Via Mobile Devices Are Used by More than Half of Consumers to Check Their Bank Accounts

  • Consumers are increasingly turning to their smartphones and tablets to manage their everyday finances.

Via Fortune: Facebook Adds Payments to Messenger Chatbots

  • Consumers no longer have to leave the Facebook Messenger app to make a purchase.

Via Yahoo! Finance: Cashing Out: New Technologies are Making the Convenience of Living Cash-Free a Reality

  • Millions of consumers have ditched cash for credit cards, mobile wallets, and store-branded payment apps.

Via Best Buy Will Now Accept Chase Pay

  • The electronics retailer will now accept payments via the bank’s proprietary mobile wallet app in stores, on its website, and via the Best Buy app.

Via Reuters: Payments App Venmo Launches Ads, Ramps up Competition for Banks

  • The app seeks to expand its customer base by marketing directly towards younger demographics, leaving banks to play catch-up.

Via Huffington Post: Fintech is Changing Money Management for the Better

  • From innovative apps to personalized service, technology is improving financial service and making it easier for consumers to manage their money.

Via PCWorld: Bank of England Wants Next Payment System to be Blockchain-Ready

  • The bank’s strong push for investment in blockchain highlights the emerging technology’s growing importance.

Via Wall Street Journal: PayPal Strikes Deal with MasterCard to Allow Payments in Stores

  • The new deal further expands the online payment pioneer’s reach into physical retail locations.

Via Is It “A Bot Time” For Payments to Jump on the Bot Bandwagon?

  • Mobile apps are already becoming a relic of the past as consumers and businesses move towards chat bot technology.

Via Yahoo! Finance: Contactless Payment Market by Solution, Service, Payment Mode, Vertical – Global Forecast to 2021

  • The contactless payment market is estimated to grow from USD 6.70 billion in 2016 to USD 17.56 billion by 2021.
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Bethany Frank Digital Marketing Analyst Bethany is responsible for social media and content as part of Alacriti's marketing team. She has a background in writing, publishing, and digital media. Bethany is a graduate of Rutgers, The State University of New Jersey.

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