Forty-six percent of manufacturers that have previously invested in liquidity forecasting and management applications are still making these investments or plan to continue doing so. This continued CFO investment is a good indicator of the extent to which manufacturers and retailers are counting on finance...
There’s a merchant mind shift underway in retail industry circles. This, as changed consumers and an increased appetite for efficiency among businesses have combined to cause more merchants to demand more help from vendors, suppliers and anyone else who can offer some help, which in...
Global eCommerce sales are predicted to grow by more than half over the next four years, with a projected value of $8.1 trillion by 2026. Scaling upward, however, remains a challenge for most online businesses, with more than 90% of eCommerce merchants earning less than...
The right payment infrastructure can mean the difference between one less click on the way to checkout and therefore one more sale, says Volusion CEO Troy Pike in this month’s “Payments Orchestration Tracker.”
The pandemic brought merchant aggregators — marketplaces that onboard and provide crucial platforms for individual merchants — to the forefront of the payments ecosystem. Demand continues to generate new, more specialized digital marketplaces, but the proliferation of diverse payment systems worldwide means that platforms are...
The Netherlands has followed London’s example with the launch of an open-loop transport system. Unlike their closed-loop equivalent, open-loop payment systems don’t require an additional card or pass to ride, and city travelers can easily hop on and off metros, trams and buses using their...
In Turkey, the proliferation of payment options has reduced consumers’ reliance on cash. In fact, similar to other countries, Turkey’s transition away from cash was significantly accelerated by the pandemic, a change that has gone hand in hand with the growth of the country’s FinTech...
Latin American eCommerce platform MercadoLibre is introducing digital business messaging payments with WhatsApp. In an interview with Reuters on Wednesday (Dec. 7), the CFO of MercadoLibre, Pedro Arnt, revealed that the two companies are partnering to bring payments processing capabilities to WhatsApp’s messaging service users....
With just over a month left to go until 2023 dawns, Spreedly CEO Justin Benson told PYMNTS that 2022 can be viewed as a year split into halves when it comes to the payments industry. In the first half of the year, there was still...