Digital Payments in Emerging Economies

Watch more: Bank of America on Turning Payments Breakthroughs Into Habits From QR codes and tokenized wallets to instant settlement networks and blockchain rails, the technological underpinnings of payments are evolving ...

Generation Z is rewriting the rules of engagement for the financial services sector. Full stop. As the first true digital natives, their expectations, spending patterns and banking preferences are shaping ...

For decades, the title of chief financial officer evoked an image of someone buried in spreadsheets and focused on quarterly closes, regulatory compliance and carefully hedged projections. Today, however, trade volatility ...

American enterprises are under pressure. Between renewed tariff hikes, global supply chain instability and rising operational costs, many firms face decision points that could shape their futures. And that can put ...

Wells Fargo said Thursday (July 10) that it sees signs that the economy “appears to be losing some steam,” with job creation slowing and inflation expected to rise. The bank said ...

The United States government, the world’s largest payer, is on the cusp of a dramatic digital transformation. By Sept. 30, 2025, the federal government will cease issuing paper checks for disbursements, ...

In May, the pace of consumer credit, overall, decelerated. And in one positive sign, credit card balances decreased for the first time in since the end of last year, before ...

Companies backed by venture capital (VC) firms are reportedly choosing mergers, acquisitions and buyouts over initial public offerings (IPOs). While the overall number of exits remained flat in the second quarter ...

The June Survey of Consumer Expectations by the Federal Reserve Bank of New York, released Tuesday (July 8), found at least some optimism on inflation, where price increases are still ...

With the news Tuesday (July 8) that consumers expect inflation to hold steady over the next 12 months at 3%, the focus turns to the ways consumers will manage the ...

Watch more: Latin America’s Digital Wallet Surge Forces Banks to Expand Financial Inclusion Latin America, long perceived as a region where cash was king and financial innovation moved at a deliberate ...

The way people use technology is changing, creating a complex situation for banks and retailers. Even though more devices are connected, many people are happy with the basic technology they have. ...

B2B companies want a simple, secure, consumer-like digital payments experience, Greg Castro, president of PayTrace by North, writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”   PayTrace ...

Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned ...

While many small- to medium-sized businesses (SMBs) nationwide are charting a course toward long-term growth, a new financial analysis reveals a geographic divide in their optimism. The PYMNTS Intelligence report “The ...

Telehealth has cemented itself as a standard delivery channel in U.S. healthcare, especially among young generations. However, while care has gone digital, payment systems largely have not. For providers, this growing ...

Employment grew in June at about the same rate it’s been increasing over the past year, with gains in state government and health care and losses in federal government. The month’s ...

Amid persistent financial strain for many U.S. households, a new report highlights how convenience services, often seen as time-savers, have become a focal point for household budgeting and spending adjustments. A ...

Higher income consumers in the United States are crowding the aisles at dollar stores, moved to seek discounts in the paycheck-to-paycheck economy. Big box retailers such as Walmart and Target have ...

As companies expand their global contingent workforce, efficient cross-border payments become essential, Papaya Global Chief Product Officer Amit Levi writes in in a new PYMNTS eBook, “Halftime 2025: Charting the Future ...

Mexican FinTech Klar has reportedly raised $190 million in new funding. The company’s Series C round, led by private equity firm General Atlantic, values Klar at more than $800 million, Bloomberg ...

The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month. That figure was up from 7.40 million ...

Consumers in the United States are reportedly pumping the brakes when it comes to car buying. While shoppers scrambled to purchase new vehicles ahead of U.S. tariffs during the spring, that ...

Prices on Chinese-made goods selling on Amazon have reportedly been increasing faster than overall inflation. That’s according to a report Monday (June 30) by Reuters, citing an analysis of 1,400 different  products by analytics firm DataWeave. The ...

Last week, news came that Meta was moving toward obtaining $29 billion from private equity firms to help finance artificial intelligence (AI) data centers, according to the Financial Times. And as ...

Artificial intelligence is reportedly one of the factors driving small- to medium-sized businesses (SMBs) to reduce their number of middle managers. SMBs have joined enterprises like Amazon and Meta in reducing ...

Consumer confidence got a rebound headed into summer. The University of Michigan’s June Consumer Sentiment Index, released Friday (June 27), recorded a 16% surge from May, marking its first increase in ...

Data on personal income, spending and saving released Friday (June 27) from the Bureau of Economic Analysis painted a portrait of a pinched consumer. Personal income dipped 0.4% month on month ...

Nike said Thursday (June 26) that the new U.S. tariffs currently in place will cost the company about $1 billion. The footwear and apparel company is working to mitigate that gross ...

Consider the stress of middle-market companies like retailer Warby Parker, which sources a lot of its eyewear from China, one of America’s largest trading partners and a major focus of ...

Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product (GDP) in previous quarters. On Thursday ...

For younger Americans in the Generation Z cohort, spending is out, while saving is reportedly in. That’s according to a report Tuesday (June 24) by the Wall Street Journal (WSJ), citing ...

Watch more: Bank of America Equips Canadian Businesses for Real-Time Treasury Canada’s payments landscape is being recast at high speed, and the once-predictable routines of corporate treasurers are being pushed into ...

Watch more: Secret AI Agents Could Redefine Nearly Every B2B Payments Touchpoint In a time when buzzwords like “agentic AI” and “autonomous systems” are being tossed around with Silicon Valley bravado, ...

As other sectors accelerate into the digital age, the healthcare industry’s lingering reliance on manual payment systems is proving to be a critical bottleneck for its financial health and operational ...

Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though when, and how much of, ...

The most recent inflation data indicate that the impact of tariffs overall has been thus far not been as drastic as some might have feared. But consumers are still mulling what’s ...

Stablecoins represent an important opportunity for a subset of use cases, including in emerging markets, Visa Chief Product and Strategy Officer Jack Forestell wrote in a Sunday (June 22) blog post. Problems stablecoins ...

Global trade is only global thanks to key commercial arteries established over the duration of human history. Think the Panama Canal, the Suez Canal, the Strait of Gibraltar and many more. ...

Indian digital payments provider PhonePe is reportedly planning to go public in an IPO. The Walmart-backed company is readying preliminary documents for an initial public offering (IPO) that could raise up ...

The digital transformation sweeping consumer finance is now reshaping the landscape of B2B payments, urging financial institutions and corporate clients alike to abandon antiquated methods for modern, efficient solutions. A recent ...

Mobile wallets rapidly emerging as a pivotal force in how consumers conduct in-store transactions worldwide. In the PYMNTS Intelligence report “Pocket Revolution: How Mobile Wallets Are Changing Payments Worldwide,” responses from ...

Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. In response, the company’s CarMax Auto Finance (CAF) business boosted its provision for loan ...

X’s CEO says the social media platform will “soon” offer an investment/trading option. “You’ll be able to come to X and be able to transact your whole financial life on the ...

Syria has reportedly made its first international bank transfer via the SWIFT system since 2011. As Reuters noted in its report Thursday (June 19), that was the year the country’s civil ...