Payments Cards & Mobile on LinkedIn: PayPal launches advanced solutions for SME market (2024)

As banks struggle to make a profit and the #esg trend fades quicker than a fake sun-tan, James Wood asks whether #sustainabilitystill matters in #payments .Despite all the negative publicity #banks get, there’s an argument we should have more sympathy for them.For more than a decade since the Great Financial Crash of 2007, according to , bank profitability has either flatlined or declined.Meanwhile, competition from #bigtech players such as Google and Apple, or insurgent start-ups like Klarna, has shot up.And all this at a time when banks say – perhaps with more than a grain of truth – that they are subject to far more #regulatory scrutiny than those firms looking to steal their market share... read more https://lnkd.in/drRNXGxM

J.P. Morgan Mobility Payments Solutions S.A. is set to become a principal member of France’s leading payments network, Cartes Bancaires CB, with the intention to offer European merchant clients access to the payments system by the end of 2024 https://lnkd.in/dxpRPPwp

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🎉 PAY360 2024 is back bigger and better than ever before! 🗓️Mark your calendars for the 19th-20th of March because this is an event you don't want to miss! 💸 We're bringing together the entire payments ecosystem under one roof, creating the ultimate hub for all things payments.💪 Don't miss the opportunity to connect, learn, and be inspired. Don’t miss out get your ticket now: https://lnkd.in/dAqz4B3NJoin us at PAY360 and let's shape the future of payments together! See you there! 👋✨ #PAY360 #PaymentRevolution #OneWeekToGo #PaymentsEcosystem #Innovation #Networking

Virgin Money sale shows Challenger Banks are finding life challengingBY ALEX ROLFEMARCH 07, 2024CONTRACTSSHARE:FacebookTwitterLinkedIn 320 VIEWSNationwide Building Society has agreed the acquisition of Virgin Money, valued at £2.9 billion that will shake up the UK market by providing a large rival to other major lenders.While nothing has been finalised, the offer is expected to see the two brands continue to be run as separate entities and no material change to the size of Virgin Money’s 7,300 workforce is expected either.But this acquisition and the Barclays purchase of Tesco bank in early 2023 may not be all they are cracked up to be.The all-cash offer of 220p per Virgin Money share represented a premium of 38% to Virgin Money’s share price.However, the acquisition, apart from anything else, shows that #challengerbanks haven’t really lived up to their name https://lnkd.in/d3MBnQFc

Even in the face of economic uncertainty, the German #ecommerce market is still growing, offering a huge opportunity for #retailers who can keep up with changing #consumers demands.Retailers must reimagine their business strategy and #digital capabilities to offer shoppers the device agnostic buying experience they now expect and drive sustainable growth.eTail Germany takes place in Berlin on 19th and 20th March. Register today and enjoy a discount with code ETGPCM10 https://lnkd.in/djtCM8JDACH’s eCommerce Leaders will hear practical insights on:▶ Optimising omnichannel strategy to create frictionless, memorable customer journeys▶ Creating the right retail media framework to explore new demographics and drive growth▶ Integrating generative AI into eCommerce and marketing activity to create personalised content and messaging▶ Leveraging new social commerce trends to boost social traffic and drive conversion across digital touchpoints▶ Capitalising on the growing popularity of marketplaces to build brand and reach new customersRegister today https://lnkd.in/djtCM8J

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The volume, cost, and complexities of fraud are on the rise, and the increase in sophistication and frequency of fraud is accompanied by significant revenue threats that companies can no longer afford to ignore https://lnkd.in/gEZTYYgj

#instantpayments or #fasterpayments, are changing the way people pay. Inthe last ten years, the growth of instant payments has been stratospheric, at 29.1% per year: it’s predicted they will account for one in three of all consumer transactions globally by 2029.Radi El Haj, CEO of RS2 explains why banks need to grasp the instant payments opportunity – and how they should manage the serious risksthat are emerging in this new environment.Find out more. Downloadthe new white paper from RS2 "Why banks must prepare for an Instant future" https://lnkd.in/d2UBGA-V

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In a world where digital transactions are becoming more of a necessity than a preference, the significance of secure and reliable payment methods cannot be overstressed https://lnkd.in/gGYAanpn

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Although the rapid rise of #buynowpaylater serviceshas been accompaniedby a growing chorus of concern about runaway consumer debt, the customers who are using these services are growing increasingly satisfied with their experiences https://lnkd.in/dQeN3u95

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