Sergi Herrero co-CEO of VEON, explores how the COVID-19 pandemic has triggered the acceleration of cashless payments, and how that has posed a challenge to the world’s unbanked population. In “A Look Forward: What Executives Wish for America and the World in 2021,” Herrero discusses...
A recent Federal Deposit Insurance Corp. (FDIC) study found that the number of unbanked U.S. consumers will likely start rising again as a result of the pandemic recession. Keeping these consumers engaged in the broader financial system is essential to the collective good. PYMNTS’ November...
Nacha, the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. 17). The Payments Innovation Alliance, a membership group that includes financial institutions (FIs) and payment providers, has released “Voice Payments: An...
The presidential race is now, finally, and fully, on. And, so, too, is the parlor game of guessing what happens if the current administration gives way to a new one. Joe Biden, the presumptive Democratic party nominee for president, has announced that California Sen. Kamala...
If you are interested in not just tracking your credit score, but finding ways to boost it, American Express may have the product for you. On Tuesday (Aug. 11), Amex launched Score Goals, an online platform that augments and expands the card company’s established credit...
Payments and commerce players are used to rapidly changing landscapes. One of the defining characteristics of the past decade or so has been that what’s an industry-disrupting innovation one day is old news within six months. But even by that standard, the recent COVID-related moves...
Generation Z is growing up. The oldest members of the generation born between the mid-90s and the mid-2010s (specific year ranges vary depending on who is supplying the figures) are graduating from college, getting their first jobs and starting to form their relationships with credit...
For the 47 percent of Americans with prime credit scores, getting and using a credit card isn’t much of a problem. The problem, Petal co-founder and CEO Jason Gross told Karen Webster, is that it leaves around half of all Americans with only a few options: a credit card...
Regulators from around the world are teaming up to create a blueprint for a global FinTech “sandbox.” According to Reuters, Britain’s Financial Conduct Authority (FCA) announced the plans for a global testing bed for new financial technology apps. “Later this week we start work with...
