The World Bank is pushing the G20 nations to increase digitized payments to the world’s 2.5 billion unbanked adults, saying that less cash will mean more economic growth, more financial inclusion and improved empowerment for women. Get the Full Story Complete the form to unlock...
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Today’s consumers have lots of expectations, and merchants increasingly must address them to stay competitive. Manhattan Associates’ recent acquisition of GlobalBay from VeriFone illustrated the urgency to react to these market changes, which reflect the growing need for omnichannel and “clienteling” support. What a business...
Small- to mid-size business owners understand that late payments will in all likelihood lead to debt. So why would an organization postpone updating a system that ensures timely invoices? One UK-based law firm discovered that 80 percent of businesses failed to update their terms and...
Much attention these days is on omnichannel support, where sellers can offer their products and services online or in their shops, and customers—businesses or consumers—may either buy or pick up orders in stores or have purchases delivered to homes or offices. Much of this trend...
To a degree that would likely shock an outsider, the payments industry loves a thrill. 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,...
Walmart’s second-quarter U.S. same-store sales were flat during the quarter ended Aug. 1, though it did represent an improvement over growth reductions a year earlier. But the megaretailer is seeing the writing on the wall, as it is building up its distribution networks to accommodate...
Asia’s largest eCommerce players like what they see in the U.S. First, China’s Alibaba announced plans for a U.S. IPO and has since launched the 11 Main online marketplace here. Now Rakuten, Japan’s largest online retailer, appears to have its own U.S. plans. The addition...
As PYMNTS.comreported recently, the Federal Reserve for the first time in its triennial payments study collected data related to payments fraud. It recently published the full report, a 192-page document loaded with data. What the discussion on fraud in the full report suggests is: Why...
