As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points. For PYMNTS’ study “Payments And Credentials Vaults: Gauging Consumer Interest,” created in collaboration with FinTech company FIS, we surveyed a...
The age of the biweekly pay period seems to be drawing to a close, with workers increasingly preferring to receive their wages as they earn them rather than waiting days or weeks before they can access their pay. A survey found that a record 60%...
Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these paychecks can have massive detrimental consequences for workers, with 71% reporting at least some difficulty if their pay was late...
Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka Finance, Bloomberg reported Wednesday (July 12). In that deal, Papara gave Beka an undisclosed amount of cash and shares in exchange...
Fuel is at the center of the ecosystems that are changing fleet management, and by extension, logistics. In just one of the latest examples, BP began its digital payments solution launch at the end of last month. It’s geared toward making the fueling process, and paying for it, easier...
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a photo. However, what that statement, seen as groundbreaking back then, failed to acknowledge is that Africans have been sending and...
Many consumers would be lost without their phones, as the world increasingly fits in the palm of a hand — at least the crucial everyday bits. Businesses of all shapes and sizes must take the necessary steps to meet their emerging audiences on their phones....
Stablecoins have been on the payments scene, so to speak, since 2014. The rise of the coins, which at their most basic level represent digital offerings “backed” by an external asset, such as the U.S. dollar, has been a volatile one. Generally speaking, the market...
Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use Modulr’s embedded payments offerings to boost their competitiveness both within their country and across the United Kingdom and the European...