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Keeping A Forward-Looking View In FinTech Adoption
Friday 8th January - 8:00 amFor many businesses, the sudden shift to a work-from-home model created chaos. Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often ...
Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data
Thursday 7th January - 9:38 pmIn today’s top payments news around the world, China’s Ant Group is mulling the creation of a new consumer loan unit, while the British financial watchdog Financial Conduct Authority (FCA) ...
Optimizing Data To Unlock Trade Finance Collaboration
Thursday 7th January - 8:00 amWell before the coronavirus crisis hit, businesses — particularly small and medium-sized enterprises (SMEs) — were faced with a whopping $1.5 trillion gap in available trade finance that hampered their ...
Integrated Workflows Fuel Cross-Border B2B Payments
Thursday 7th January - 4:03 amThere are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of ...
The Year In Data: Measuring 2020’s Payments Innovation
Thursday 31st December - 4:03 amHow We Will Pay: Home As The Consumer Command Center This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do ...
What 36 Payments Executives Wish For The World In 2021
Wednesday 30th December - 4:00 amIt started with a simple premise. PYMNTS asked a cross-section of the companies we work with to give us their take on their wishes for the world as we approach ...
Virtual Account Numbers Facilitate International Digital Banking
Tuesday 29th December - 4:00 amTo serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo, said virtual international bank ...
Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete
Monday 28th December - 8:08 pmDigital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Olga Skorobogatova, first deputy governor of the CBR, said 30 countries are ...
BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally
Wednesday 23rd December - 9:45 amSeamless payments are key to cross-border payments, but not when the order-to-cash cycle are still paper-based, says Nick Shaffer, CEO of online B2B marketplace BoxFox. In this month’s Global B2B ...
Deep Dive: Why Freelancers Want Payment Flexibility And How Businesses Can Keep Up
Wednesday 23rd December - 9:00 amThe freelance economy is witnessing rapid growth in participation worldwide. One recent report found that 57 million freelancers are expected to operate in the U.S. in 2021, while additional research ...
Piecemeal Order-To-Cash Innovation Won't Cut It For Cross-Border Commerce
Tuesday 22nd December - 4:02 amThe pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains ...
PayPal's Xoom Adds Real-Time Payments For Remittances To India
Monday 21st December - 8:51 pmPayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press release. The release stated using Xoom ...
Today In Payments: Rent-A-Center Acquires Acima; FIS, Global Payments Eyed Merger
Monday 21st December - 3:00 pmIn today’s top news, Rent-A-Center acquires Acima, FIS and Global Payments discussed a merger and the U.S. Senate reached a deal for a new stimulus package. Rent-A-Center Acquires Acima For Virtual ...
ACAMS: Biden Administration Faces Challenges On AML And Cybercrime
Monday 21st December - 4:00 amThe incoming Biden Administration has got its work cut out for it on a number of fronts. Job No. 1 is tackling a public-health crisis the likes of which have not ...
FIS, Global Payments Eyed Merger, But Talk Broke Down, Report Says
Sunday 20th December - 10:15 pmFidelity National Information Services (FIS) and Global Payments were in talks to merge in a $70 billion deal, but it didn’t end up happening, according to The Wall Street Journal ...