Payments

How ecommerce merchants can prepare for PSD2 – Econsultancy

[ad_1] Panic everyone, we have another GDPR – well not quite. PSD2 (Revised Payment Services Directive) is coming into force on the 14th September and aims to set a standard for fraud prevention and transparent online payments across the EU, much like the new data regulation that came into effect last year. PSD2 will force …

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Incredibly Positive For Blockchain Market to Have Facebook Leaning In, Says Ripple CEO

[ad_1] “It’s an incredibly positive signal for the overall blockchain and crypto market to have a player like Facebook leaning in,” says Ripple CEO Brad Garlinghouse. “There’s been obviously a lot of skepticism in the origins of crypto coming from kind of an anti-government and anti-bank point of view. To see major industry players lean …

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B&H turns new sales tax challenges into a fintech opportunity – Econsultancy

[ad_1] Many online retailers in the US were dealt a blow when the Supreme Court ruled in South Dakota v. Wayfair that states had the right to force retailers to collect sales tax on purchases to customers in their states even when retailers do not have a physical presence there. In addition to creating a …

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Is Big Tech and Telecom, not fintech, the biggest threat facing big banks? – Econsultancy

[ad_1] Much has been made of the threat fintech upstarts pose to big banks but even bigger threats might lurk in the form of Big Tech and Telecom companies. While the idea that large technology businesses might one day compete with banking giants has been a topic of discussion for some time, recent developments have …

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DTC Brands Doing Incredible Numbers on Shopify, Says COO

[ad_1] Direct to consumer brands are doing incredible numbers on Shopify, says Shopify COO Harley Finkelstein. He says that Kylie Jenner has generated almost a billion dollars in sales on the platform and many other influencers such as Kanye West, Drake, and most recently Tom Brady are also doing very well. “Even if you go …

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How will Mastercard’s new free-trial policy affect the subscription economy? – Econsultancy

[ad_1] Mastercard, the third-largest credit card processor in the US, has announced a new policy that will make it more difficult for some businesses to automatically convert free trials into recurring subscriptions. In a press release, the company unveiled a rule change that will require certain merchants accepting Mastercard to acquire explicit cardholder approval to …

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