Behavioral data about Hispanics’ use of digital payments is scarce, but the sector as a whole spends more than $1.4 trillion annually and its population growth rate significantly outpaces the mainstream, based on U.S. Census Bureau data.
It's an important pivot point for the industry — consumer trust is threatened by a steady flow of data breaches, and consumers are divided on whether they want to stick with plastic or move on to mobile and wearable payments.
Across the globe, many different populations have distinct reasons for being unbanked. To reach these audiences, mainstream financial companies are discovering approaches that wouldn't be possible in the U.S.
The partnership PayPal announced last year with Samsung Pay has come to fruition, with PayPal rolling out a new capability enabling its users to make purchases at any store that accepts cards via Samsung Pay.
As the chief executive of Green Dot Bank, Mary Dent’s career has taken many turns to get to where she is today — from lawyer to executive to board member and, finally, to CEO. But one specific piece of advice stands out from early on in her career.
Susanne Steidl loves building things, which suits her job as chief product officer for Wirecard, where she continualsly develops new use cases for digital payments in everything from the gig economy to global travel.
As CEO and president of Blackhawk Network, Talbott Roche has presided over some significant changes in the industry, notably the growth of third-party retailing of gift cards, but this wasn’t necessarily an easy sale to skeptical retailers.