Though state-backed China UnionPay currently dominates China’s payment market, Ant Financial Services President Eric Jing says Alipay (and consumers embracing mobile payments) is diverting billions in fees away from UnionPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Federal Reserve Bank of New York is calling upon the Philippines’ central bank to aid in helping Bangladesh Bank get back the $81 million stolen by hackers earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As B2B payments disruption continues to drive a rift in legacy, manual processes — from manual data entry to self-assessing Excel spreadsheets — businesses now have more ways than ever to pay their vendors, manage their accounts payable and accounts receivable and streamline expenses. Get...
We’ve been trying to ignite mobile payments now for more than a decade and we’ve barely moved the needle. Karen Webster says that it’s time to stop looking at our navels and even the future for inspiration – but back to the annals of payments...
Corporate cash management is imperative, but how are businesses today keeping track of their money? PYMNTS brings you the latest trends in the priorities of treasurers and the tools they deploy to get the books squared away. The latest data reveals emerging patterns in the...
Smartphones are now driving more traffic to stores than desktops, yet mobile phones are but one of many omni-endpoints that a merchant must be prepared to support in an increasingly tech-driven, consumer-centric shopping experience. July’s Omnicommerce Tracker dives into this topic with PayPal and uncovers...
Hong Kong and mainland China are looking to facilitate cross-border trade deals — and their transactions — by turning to electronic payment technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The problem with a run of fantastical headlines is that eventually the world has to assume a more even keel. Or not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Enterprise software conglomerate SAP has been forced to rethink its market strategy as blockchain innovations inch into the market, reports said on Friday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...