Lending in developed markets has stagnated. In real terms, private sector bank lending in the world’s top economies increased by just 0.1 percent last year, according to UHY, an international accountancy network. Flagging top-tier lending stands in contrast to the influx of private sector money...
“The unexpected tragedy of our financial system is that the less money you have, the more expensive it is to send money around.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Samsung has announced its mobile wallet, and MasterCard is on board. 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...
Imagine meeting up with a technologically sophisticated American in February 2005 – a Blackberry and iPod owner, a person who video chats with eBay’s latest acquisition Skype, one of the 17.2 percent of Americans with high speed internet access, a Facebook early adopter – and...
In the era of online marketplaces and the sharing economy, it is unsurprising that users’ reviews are important. Depending on which study one favors, between 83 and 88 percent of consumers use online reviews as a tool to guide their purchasing decisions. Uber drivers who average...
Developers are the unseen engine that make digital payments and commerce possible. Why? Because behind every great app is a great developer. But because developers behind the apps are invisible, they are the easiest part of the path to mobile commerce success to overlook. Get...
Anonymous and untraceable. That’s been among the calling cards of bitcoin since Day 1. It is, in fact, what makes bitcoin so novel. It has all of the attributes of cash, but it’s digital. So, if that’s the case, how in the world did the...
European companies looking for new sources of capital are increasingly turning to alternative solutions. By the end of the year, the market for non-traditional borrowing could top €7 billion (nearly $8 billion), more than doubling its 2014 value of €3 billion. According to the latest...
Manufacturers agree: the supply chain is now more global than it was in years past. A survey conducted by supply chain operating network Elemica of 113 suppliers, released last month, found that the majority of respondents found today’s supply chain to be more global than...
