Apple Expands the Reach of Tap-to-Pay for Small Businesses
As the battle for small business point-of-sale (POS) solutions heats up, Apple has expanded its platform that transforms iPhones into payment terminals. The company’s Tap-to-Pay service has launched in eight additional countries: Belgium, Croatia, Cyprus, Denmark, Greece, Iceland, Luxembourg, and Malta. This solution enables merchants to accept contactless credit and debit card payments directly on […]
Canadian Cardholders Are Also Feeling the Pinch
While delinquencies in the U.S. continue to reach historical levels, Canada is facing a delinquency crisis of its own. A report from Equifax reveals that one in 22 Canadian consumers missed at least one credit payment during Q1. The delinquency rate rose nearly 20% year-over-year, reaching 1.43%. Young consumers were the most affected, with delinquency […]
Telling the Security Story: How FIs Can Leverage Security Centers to Fight Fraud
In response to fraud attacks that increasingly target individuals, there have been continued calls to ramp up consumer education. Many financial institutions have introduced security centers in mobile banking apps that are designed to keep customers informed on the latest threats. Although this is a positive step, as Lea Nonninger, Digital Banking Analyst with Javelin […]