Two-thirds of adults around the globe now leverage digital payments on a regular basis, including 57% of consumers in developing countries. Offering these digital payment options smoothly and seamlessly is easier said than done, however, with a seemingly endless array of complications in processing these...
As the idea of a permanently remote workforce gains acceptance after two years of COVID-enforced telecommuting, it isn’t exactly surprising that companies that started looking for talent beyond their own offices and cities are now looking beyond their own borders. According to PYMNTS’ “Cross-Border Payroll...
At first glance, eCommerce platforms are made for the global economy. They are extensible, cross borders and rely on digital means to bring buyers and sellers together to get goods displayed, advertised and available on a worldwide stage. But behind the browsing and the buying...
A common definition of loyalty “is a strong feeling of support or allegiance.” It’s an apt description of what businesses seek to gain from investments in loyalty programs, but many miss the mark and fail to garner stronger consumer affinity — often due to a...
Toronto-Dominion Bank (TD Bank) is close to a deal to buy investment bank Cowen for $1 billion, sources told The Wall Street Journal. The report notes that buying Cowen would give TD Bank a larger presence in investment banking as well as in the U.S.,...
Uber’s food-delivery business should show strain from the historic inflation hammering the U.S. when the company posts its quarterly earnings this week. As Reuters reported Monday (Aug. 1), analysts expect the company to report second-quarter revenue of $7.39 billion, an 88.2% increase from the second...
The Federal Trade Commission on Monday (Aug. 1) fined online home buying firm Opendoor Labs $62 million, saying it must stop cheating potential home sellers by tricking them into thinking that they could make more money selling their homes to Opendoor, according to an FTC...
The Securities and Exchange Commission (SEC) has charged 11 people for their roles in allegedly creating and promoting fraudulent cryptocurrency pyramid and Ponzi scheme Forsage, which raised $300 million from millions of retail investors around the world, according to a Monday (Aug. 1) press release....
Until speed-of-thought delivery is innovated, the next best thing is same day, a concept that Amazon is pursuing aggressively at a time of increasing demand for speedier service. Amazon said in a Monday (Aug. 1) blog post it’s now offering same-day ordering and delivery for...
