It’s easy to make certain assumptions about what various demographics want, but it’s also easy to be wrong. A recent survey on what people want from their financial institutions offers deeper insight.
The PYMNTS team caught up with experts in the payments field to ask them their views on industry trends, predictions for the coming year and what their ideal payments system looks like.
Arroweye Solutions‘ President and CEO Render Dahiya spoke about the three big thing in payments and what we can expect to see in the future.
Mitchell will serve as the primary management contact and client liaison, and will manage client development and execution of growth plans.
As the calendar flips to November and visions of Black Friday dance in their heads, holiday shoppers using new, more secure chip credit and debit cards will be learning a new checkout procedure.
While the added security might be welcome, new cards could mean more frustration and slower checkout lines during the bustle of holiday shopping.
Fifty-four percent of those 2014 breaches related to identity theft; 17 percent to financial access; and 11 percent to account access. And in that year, 32 data records were lost or stolen every second—averaging out to almost 2.8 million a day. In a world of widespread breaches, card issuers must look at reissuance as an opportunity.