Study: 29% of Consumers Usually Revolve Credit Card Balances
Study: 29% of Consumers Usually Revolve Credit Card Balances
May 03, 2022  |  Credit Cards

Paycheck-to-paycheck consumers are three times as likely to revolve credit card debt and carry higher monthly balances, according to the April 2022 edition of “New...

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Restaurants Continue Automating Amid Staff Shortages, Demanding Consumers 
Restaurants Continue Automating Amid Staff Shortages, Demanding Consumers 
May 03, 2022  |  ResTech

The pandemic was a boom time for some restaurants, with a 200% increase in the early months of the worldwide health crisis. Even now as...

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Western Union, SuperGIROS Team on Cross-border Payments in Colombia
Western Union, SuperGIROS Team on Cross-border Payments in Colombia
May 03, 2022  |  Cross-border Payments

Western Union and SuperGIROS, part of the Acciones & Valores network, on Tuesday (May 3) teamed up to give Colombians more financial flexibility by adding...

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Italy’s BNPL Unicorn Scalapay Secures $27M From Poste Italiane
Italy’s BNPL Unicorn Scalapay Secures $27M From Poste Italiane
May 03, 2022  |  Investments

Buy now, pay later (BNPL) startup Scalapay has secured $27 million in a Series B extension from Italy’s postal service Poste Italiane. Get the Full...

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ThetaRay Partners with Qolo to Fight Financial Crime
ThetaRay Partners with Qolo to Fight Financial Crime
May 03, 2022  |  Partnerships

AI-powered cybersecurity firm ThetaRay is teaming up with omnichannel B2B payments startup Qolo to detect and prevent financial crimes across Qolo’s full range of curated...

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May 4 Interchange Fee Hearing: The 5 Things You Need to Know
May 4 Interchange Fee Hearing: The 5 Things You Need to Know
May 03, 2022  |  Regulation

On Wednesday, May 4, the U.S. Senate Committee on the Judiciary will hold a hearing on “Excessive Swipe Fees and Barriers to Competition in the...

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Beauty Sector Ready for Digital Closeup
Beauty Sector Ready for Digital Closeup
May 03, 2022  |  Digital Payments

Industries that hung on and saw improvement during the pandemic quickly embraced digital processes and did a fast pivot to get merchandise to consumers via...

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The Millennial Minute: Beloved BNPL Growing but No Imminent Threat to Store Cards
The Millennial Minute: Beloved BNPL Growing but No Imminent Threat to Store Cards
May 03, 2022  |  BNPL

Now nearly a quarter of the world’s population, millennials and their slightly older bridge millennial friends are the most courted of all cohorts from a...

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What is a Money Mobility Network?
What is a Money Mobility Network?
May 03, 2022  |  Faster Payments

A Money Mobility network connects accounts, payment methods and third-party platforms to make the flow of money more secure, efficient and intuitive for account holders....

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