What We’ve Been Reading

Posted by Bethany Frank on 29 Dec 2016

the latest news in payments and fintech

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

Via Payments and the Transformation of Etsy

  • For online marketplaces like Etsy, payments have transformed into an integral part of business.

Via Business Insider: Nordstrom Launches Chatbot for Holiday Shoppers

  • A new chatbot helps users select gift items by asking them a series of questions about who they are shopping for.

Via Bloomberg News: The U.S. Will Regulate Some Fintech Companies Like Traditional Lenders

  • The U.S. government plans to start accepting applications for bank charters from fintech companies and increase regulation over the industry.

Via Is Payments Innovation Changing Consumer Behavior?

  • Cash is still popular, but trends show continued consumer interest in alternative payment methods.

Via Engadget:  Sweetgreen Will Stop Accepting Cash Payments in 2017

  • Only credit and app-based payments will be accepted at the health-conscious fast food chain beginning next year.

Via Payments 2016: The Year of the Chip

  • Adoption of chip card technology was rocky for cardholders and merchants alike.

Via PaymentWeek: The Mobile Payment Market Ahead: Big Profits, Confusing Choices

  • The mobile payments market is growing, but will too many choices confuse consumers?

Via TechCrunch: New York City Brings Smartphone Payments to Metered Parking

  • The new app ties parking meter payments to a car's license plate number.

Via Payments Source: US Noncash Payments are a $178 Trillion Market

  • Credit, debit, and ACH transaction volumes increased while the usage of checks declined most.

Via Forbes: How Fintech Companies Can Capture The Millennial Market

  • Millennials are averse to traditional banking and prefer technology-driven financial services.
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Bethany Frank Senior Marketing Associate Bethany specializes in content and events as part of Alacriti's marketing team. She's a graduate of Rutgers University and has a background in writing, broadcasting, and digital media. Fascinated by the intersection of technology and human nature, Bethany is out to explore what drives consumers in such a fast-paced, digitally connected world.

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