They were futuristic at first, then faded into obscurity for years. Suddenly, they’re everywhere. In what is surely one of the greatest COVID-19 underdog success stories, humble QR codes are the touchless payment “innovation” that’s going wide and keeping business moving, sans hands. Get the...
PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told Reuters that it is cooperating with the U.S. Consumer Financial Protection Bureau (CFPB) civil investigation demand. Get the Full Story...
The American press has for years had a minor obsession with comparing the U.S. economy with that of Scandinavian nations. It’s understandable, as those economies are generally well-managed, and are now pulling ahead by going cashless — and even cardless — as fast as possible....
The consumerization and digitization of B2B payments, at a high level, is enabling money movement and financial flows — streamlined as accounts receivable (AR) and accounts payable (AP) processes are modernized — that were hard to imagine before the pandemic took root. Get the Full...
Americans are pretty generous, and that can be proven. The COVID-triggered financial calamity sank charitable giving early on. Then, as PYMNTS reported in Q3 2020, “according to The Chronicle of Philanthropy, after tanking in the first quarter, non-profit donations rose with the pandemic in Q2,...
In 2018 the Supreme Court struck down a 1984 federal law that prohibited gambling in most states. And that opened up an entirely new playing field for online gaming establishments now free to operate in any state that would allow them. And as Ingo Money...
David Briggs, founder and CEO of GeoGuard, explores how the pandemic has triggered the acceleration of digital in the payments arena, and why he believes the change is a permanent one. Read his insights in “A Look Forward: What Executives Wish for America and the World...
Demonetization may have helped shift India’s payments ecosystem toward digital channels. 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...
The year 2020 has been disruptive across the board for consumers — changing how they shop, how they work, how they play, how they spend time with others and how they’ve filled the scores of hours they’ve spent alone. Get the Full Story Complete the...
