News

Cross-border Payments
Earnings Season Shows Quickening Pace of SMB Cross-Border Payments Innovation
November 11, 2024

As earnings season draws to a close, we’ve seen wide-ranging discussions of the consumer, of spending trends, lending trends, tap to pay and BNPL, of cross-border payments and remittances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
November 11, 2024

Retail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year amid the country’s economic challenges and consumer skepticism about retailers’ promotions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Payment Methods
FOMO Pay and Mastercard Collaborate on Tap-on-Phone Payments
November 11, 2024

Singapore’s FOMO Pay has teamed with Mastercard to debut a tap-on-phone payment solution. 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....

Investments
Ualá Eyes Banking Expansion After $2.75 Billion Valuation
November 11, 2024

Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. 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...

Faster Payments
Brazil’s PicPay Begins Offering Instant Payments via Meta and Microsoft
November 11, 2024

Digital bank PicPay is offering access to Brazil’s Pix instant payment system via WhatsApp. 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 completing...

B2B Payments
Palm Debuts Beneficial Owner Information Filing Tool
November 11, 2024

Beginning next year, many American businesses will have to comply with the Corporate Transparency Act. 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...

B2B Payments
Corpay Vehicle Payments Business Helps Drive Profit
November 10, 2024

The corporate and vehicle payments business has been very good to Corpay. 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...

eCommerce
The Rise of Social Commerce: How Brands Are Shaping the Future of Online Shopping
November 08, 2024

The integration of social media and eCommerce has led to the rise of social commerce, a model that allows consumers to make direct purchases within social platforms. What started as basic product links has expanded into a multi-billion-dollar industry, with brands and consumers embracing the...

Payment Methods
Clearing Up Pay-by-Bank Confusion Requires Education and Incentives
November 08, 2024

Last week, Nacha said its Payments Innovation Alliance formed a new project team seeking to answer the question, “What is pay by bank?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...