When it comes to selling compliance services in the blockchain business, the two most difficult tasks are educating clients from financial institutions about what it is and then convincing them that for all the claims of crypto’s anonymity, it is easier than it sounds. That’s...
Pre-pandemic and pre-inflation, small- to medium-sized businesses (SMBs) were already grappling with managing cash flow. As Aharon Levine, head of payments at Melio, noted in a recent interview, part of the difficulties lie in the time and effort spent managing accounts payable workflows and getting...
Card payments, as ubiquitous as they may appear, are actually not the preferred payment method in certain markets. Take the case of Nigeria, for example. According to Lagos FinTech firm TeamApt, account transfers represented over 80% of all business transactions in August 2022, compared to...
The prevailing belief among grocers is that, in the face of skyrocketing prices, they would be best served to find ways to provide their customers digital discounts, be those in the form of coupons for all shoppers or rewards for loyalty program members. By the...
Mobile commerce looks to be sailing against the wind, so to speak, as new research finds the drop-offs in other digital shopping methods have not been seen in the mobile commerce niche, which continues to grow and add digital share. The PYMNTS study, “Digital Economy...
The Nigerian money app Kuda, announced Wednesday (Nov. 9) that it is launching in the U.K. as part of a global expansion drive with a view to serving the cross-border transfer needs of U.K.-based Nigerians. The company said it will charge a flat fee of...
Leading U.S. food delivery service DoorDash is expanding its selection of cosmetics, a lightweight, high-cost category that racks-up large order values while taking up minimal space in drivers’ cars. In a company announcement Wednesday (Nov. 9), DoorDash said it is partnering with Sephora to deliver from more than 500 of...
With traditional payment methods like cash and personal checks on the decline, J.P. Morgan Payments is looking to tap into the growing interest in alternative payment methods by partnering with Mastercard on a new digital banking payment platform. On Wednesday (Nov. 9), Mastercard said in...
B2B eCommerce furniture and home décor marketplace HomeRoots has announced that its payments solution will be powered by B2B payments firm Balance and will bring a buy now, pay later (BNPL) option to its customers. With this new option, HomeRoots customers will be able to...
