Industry News
Read about the latest updates in the payments industry, relevant researches and current trends.
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Read about the latest updates in the payments industry, relevant researches and current trends.
Air travel can be stressful to both fliers and staff. Fliers race to make connecting flights or finalize payments on vacation, while staff are caught up with overwhelming queues, not mentioning monitoring and preventing fraud in a small period of time with a big amount of fliers.
New times bring new rules. In payments industry, these rules are distributed across various regulations each company or institution must strictly follow. The challenging regulations such as GDPR and PSD2 will certainly put fintechs and financial institution through many hoops but will ultimately help them prevent fraud and thus protect consumers.
A majority of people believe it would be easier to pay and the checkout lines would move faster if they didn’t need to sign when making a purchase.
After over four years of discussion, the new EU data protection framework has finally been adopted under the name of Regulation – the General Data Protection Regulation (GDPR).
Last year was a huge year for customer experience, according to the CX Network’s report The Evolution of Customer Experience in 2015.
The task force, overseen by the EU Commission, should build expertise in the underlying technology of virtual currencies.
This new law, proposed by the European Commission in July 2013, enhances consumer protection, promotes innovation and improves the security of payment services.