The overwhelming majority of U.S. businesses are small businesses — close to 90 percent of U.S. companies employ fewer than 20 people. Of those, four in 10 generate less than $100,000 in annual revenue. We’re talking about roughly 29 million small companies that collectively represent...
As of today (Jan. 21), users of cash-sending app Venmo will have the ability to send animated custom stickers through the app’s newsfeed. The stickers include an animated coin jar with a heart and the words “With Love,” a cartoon figure running on a spinning...
FinTechs are helping merchants coordinate all of the different components that a payment entails with payments orchestration. Modo CEO Bruce Parker told PYMNTS that the term signifies “the ability to keep track of all of the different moving parts of a payment” throughout its entire lifecycle....
When The Clearing House launched its Real-Time Payments (RTP) network in 2017, the service was bound to rewrite some rules, and it has. More than two-thirds of executives surveyed for the January 2020 Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments report from...
With Retail’s Big Show in New York, earnings season kicking off and banks reporting on the State of the State 2019, there was no shortage of headlines this week. Yet, even in a big week, there are standouts — Visa bought Plaid, Goldman Sachs’ Marcus...
From where PayPal sat, the world was a very generous place in the year 2019. According to data released this morning, donation processing had a record-breaking year on multiple fronts — as consumers proved an ongoing willingness to give both more and more often, to...
In payments, change happens at the speed of consumer behavior. 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 this...
Things move fast – perhaps too quickly at times – in payments and commerce. A fresh sign of that is how much focus is turning toward the emerging consumer group known as Generation Z. Get the Full Story Complete the form to unlock this article...
The Clearing House launched Real-Time Payments (RTP) two years ago, enabling financial institutions in the U.S. for the first time to send and receive payments instantaneously, 24/7 year-round. Yet, the question remained as to whether Real-Time Payments would resonate with businesses as a transformational system....
