Wall Street has famously been called “both voting machine and weighing machine.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy, the insurance industry and more. But interest in the concept has virtually exploded over the past several months thanks to...
WhatsApp will be allowed to operate its payments service in Brazil once the company formally seeks permission and shows it can operate in the country without putting customers’ data at risk or violating rules intended to preserve competition, the company’s chief central banker said Thursday,...
If you’re an online merchant, you may be all too familiar with this drill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Digital dollar advocates told a U.S. Senate committee on Tuesday (June 30) that electronic currencies could help consumers. However, committee Chairman Mike Crapo (R-Idaho) said the sector needs “rules of the road,” while ranking Democratic member Sen. Sherrod Brown (D-Ohio) asked, “Why on earth would...
The pandemic has spurred businesses — by necessity — to use digital means to interact with their employees and to keep operations humming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Wirecard AG, the disgraced German payments provider that filed for insolvency last week over a $2.1 billion accounting scandal, told customers it’s business as usual at all but one of its subsidiaries. Get the Full Story Complete the form to unlock this article and enjoy...
WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could work things out soon, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
eCommerce has grown about as much in the past few months as it has in the past 10 years. Iain McNicoll, VP of Americas/SMB for payments platform Payoneer, recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when...