Plagued by a deadly virus, toiling to jumpstart an economy in tatters and longing for a return to normalcy, the case could be made that giving up and starting over would be the smart thing to do. And yet, despite the hardship and impossible odds,...
When we think about holidays on Main Street, there is a certain mental image we all flash to, nurtured by decades of singing Christmas carols. We all know the picture — city sidewalks, busy sidewalks, people dressed in holiday style. Children laughing, people passing, meeting...
The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta, payments practice lead at FinTech Alacriti, told PYMNTS in a recent interview. Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase...
At a time when the global pandemic and ensuing economic upheaval have blurred the boundaries between traditional means of payment, the CEO of global payment- and banking-solution provider i2c says the biggest business opportunity ahead will be in credit, with mobile becoming the biggest game-changer....
There are hidden costs in accounts payable processes undertaken through traditional means – and some of those costs are not necessarily transparent. As Nick Reid, director of B2B partner development at Conferma, said in an interview with PYMNTS, virtual cards can help eliminate those hidden...
Visa is postponing a long-planned price hike on swipe fees for merchants due to ongoing pressure on the retail industry from the pandemic. According to Bloomberg, an inside document revealed that the credit card company had been planning significant changes this month, including rate increases...
For most Americans, payday is an ingrained part of their daily existence that they more or less take for granted. It’s something that almost everyone relies on but doesn’t think much about – unless for some reason it doesn’t happen. Payday has changed somewhat over the...
Citi and Mastercard are teaming up as network partners for the digital checking and savings account Citi Plex on Google Pay, available for both Android and iOS. Alpesh Chokshi, head of business development, Citi Global Consumer Bank, said in a statement on Wednesday (Nov. 18)...
With all of the problems and challenges 2020 has thrown at us, the last thing anyone needs is a nagging perceptual rift between payees and payers about what “instant” means. Yet, there it is. “The majority of consumers, at 58.4 percent, and microbusinesses, at 70.8...
