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![#How Businesses Can Reduce Failed Payments – [Infographic]](https://www.noupe.com/wp-content/uploads/2020/11/cardmapr-XH2JFgT4Abc-unsplash.jpg "#How Businesses Can Reduce Failed Payments – [Infographic]")
“#How Businesses Can Reduce Failed Payments – [Infographic]” What Causes Failed Payments? Formally known as churn, payment failure primarily stems from the attempting purchaser having insufficient funds, outdated credit card information, or exceeding their credit card limit. However, matters regarding churn can also stem from business technicalities, such as server errors: another instance in which…
“# PayPal crypto services to go global early 2021, support for CBDCs coming ” Senior executives at global payments giant PayPal have revealed further details about its plans to aggressively push into the crypto sector next year during the firm’s Q3 2020 earnings call, including plans to support central bank digital currencies (CBDCs). “Clearly the…
“#Ex-Wirecard executive was reportedly an Austrian spy informant” An ex-Wirecard executive who went on the lam amid the German payment firm’s $2 billion accounting scandal was reportedly a mole for Austrian spies. German authorities have evidence that Jan Marsalek, Wirecard’s former chief operating officer, was an informant for the Office for the Protection of the…
“# Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin ” There has been significant excitement in the industry since PayPal last week announced its intention to enter the cryptocurrency market. The rollout of new crypto services — the ability to both make crypto payments and buy cryptos directly in-app — has…
“# Cambodia launches inter-banking platform that runs on blockchain ” Amid a global race toward central bank digital currencies, or CBDCs, Cambodia officially launched a blockchain-based platform for digital money transactions called Bakong. “Bakong, a payment and money transfer service through banks or microfinance institutions, was established under the initiative of the National Bank of…
“# Visa’s foray into fintech provokes DoJ antitrust investigation ” The U.S. Department of Justice, or DoJ, recently publicized an investigation into Visa’s ongoing acquisition of fintech company Plaid. “Today, the Department of Justice filed a petition in the U.S. District Court for the District of Massachusetts to enforce Bain & Company’s compliance with the…
“# Former Visa exec joins Crypto.com to drive Latin American market ” The cryptocurrency industry welcomes another high-profile executive from traditional finance. Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market. According to an Oct. 28 blog post,…
“# PayPal’s baby steps into crypto aren’t dampening the hype for adoption ” The crypto world has been buzzing with excitement over the last couple of days, and rightfully so. Bitcoin (BTC) is currently hovering around the $13,000 mark, while Ether (ETH) has once again safely tread past the $400 threshold in spite of the…
“# Indian bank to offer crypto services across its 34 branches ” Indian bank United Multistate Credit Co. Operative Society is planning to expand its banking services to cryptocurrencies and cryptocurrency products. In collaboration with the crypto banking service provider Cashaa, United has established a joint venture dubbed UNICAS that aims to provide both online…
“# Toyota’s IT arm works on digital token pilot with crypto exchange ” Toyota Systems, the IT arm of Toyota Motor Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct. 26. The large-scale pilot will involve 2,500 employees at Toyota Systems. The…