This week's highlights include reports on a delay in the eagerly anticipated Polaris Dawn launch, sustainability in the hospitality sphere, the potential impact of shifting currency markets, and the passing of a beloved industry leader.

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We recently touched base with Peter Galvin, 20-year technology expert and chief growth officer at payments company NMI. He shared his views on the changing retail and payments landscape.

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Federal bank regulators want to get a better handle on bank-fintech arrangements involving the distribution of banking products and services to consumers and businesses. The Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a joint statement on July 25, 2024, highlighting the potential risks related to these arrangements.

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Finalists for the 2024 Finovate Awards are gearing up to find out who the winners will be at FinovateFall, which will take place from Sept. 9 to 11, 2024, at the Marriott Marquis Times Square in New York City.

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In this week's roundup, we've noted a new report that explores attitudes toward AI and banking, two UK supermarkets' separate decisions to limit self-checkouts in their stores, and one growth-strategy specialist's advice to set aside planning tools and instead go into "preparation mode" during a pre-election season.

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As ransomware attacks continue to escalate, global leaders in cybersecurity are stepping up efforts to protect businesses and consumers from increasingly sophisticated threats.

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Ecommerce has experienced exponential growth in recent years, but there is a dark side to the phenomenon: returns and chargebacks also are on the rise.

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When it comes to shopping, consumers are not just price conscious, they also are payment choice conscious, according to new research from payment processor Paysafe.

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This week, we've noted stories on thousands of websites leaking private customer data, Apple's plan to offer in-app NFC contactless transactions, a report on the benefits for real-time payments for restaurants, and the power of open banking.

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Through good times and challenging times, the Inc. 5000 represents nearly 40 years of exceptional American growth stories and has remained the key benchmark for entrepreneurial success, Inc. stated when releasing its 2024 list of honorees on Aug. 13. The class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital and seemingly intractable hiring challenges.

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Consumers are really taking to mobile payments, and the big-name apps tend to be their go-to. What's more, they tend to spend more when paying with their mobile devices. The advisory firm Auriemma Group reported that better than half (54 percent) of credit cardholders eligible for mobile pay apps had used these services as of April 2024, representing a 20 percent increase over the first quarter of 2019.

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The peer-to-peer payment network Zelle is under fire. Senator Richard Blumenthal, D-Conn., called on the Consumer Financial Protection Bureau to investigate the dispute resolution practices of Early Warning Services, which operates the network, as well as three of the big banks that own EWS.

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The latest Alternative Online Payment Methods Market 2024 report from ResearchAndMarkets.com forecasts that the global transaction value of digital wallets is expected to surpass EUR 10 trillion by 2028, nearly doubling from 2023 levels.

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Today we're highlighting new research from Mastercard indicating contactless payments were a major factor in the company's second quarter 2024 growth, Stripe's introduction of no-code adaptive pricing globally, Checkout.com's new secure payment authentication from Google Pay, and the surprising effectiveness of over-the-top employee perks.

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More Americans are using debit cards for more transactions, and they are spending more in the process, according to a study just released by Discover Financial Services.

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The legal tussle between the card brands and merchants may be headed for court, but executives at Mastercard and Visa still hope they won't have to face a verdict.

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Recently, The Green Sheet caught up with Guillaume Tournand, vice president of growth at Worldline Merchant Services, where he extends the company's unique selling proposition through geographical expansion, alternative payment methods and M&A. The focus of the interview was payments and digital commerce in Türkiye. Following are highlights from the discussion.

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Data breach costs have reached a new high. IBM reported that globally the average cost of a data breach reached $4.88 million in 2023, as breaches grow more disruptive and further expand demands on companies' cyber teams.

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This week we've highlighted research affirming the appeal of digital banking, a call for better frameworks for open banking and smart data initiatives as a new government takes charge in the UK, an alternative to traditional paid social and search advertising, and a new resource from The Clearing House on real time payments.

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The Payment Systems Regulator released its annual report detailing the performance of UK payment firms in combating authorized push payment (APP) scams. These scams, where fraudsters trick victims into sending money to accounts they control, result in substantial financial losses and significant emotional distress for victims.

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