Accessing working capital enables companies to avoid operational disturbances in the short term and power growth for the long term. In the Asia-Pacific (APAC) region, 66% of Growth Corporates accessed working capital solutions in the last year. This share is the second lowest rate of...
The Clearing House said its CHIPS system saved participants $4.9 billion in 2023. Those savings were derived from the CHIPS (Clearing House interbank payment system) liquidity savings algorithm to the tune of $13.8 million per day, The Clearing House (TCH) said in a Tuesday (April 2)...
Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the company said in a Monday (April 1) news release as it announced the expansion of...
More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with the same problem as drug dealers operating outside the law: what to do with all their cash. As the Wall...
Baseball is back, and this year, more stadiums are tapping frictionless checkout to cut labor costs while meeting fans’ demand to spend as little time out of their seats as possible. Colorado Rockies’ Coors Field is expanding its use of Amazon’s Just Walk Out frictionless checkout technology, according to a March 21...
Bidpath has launched a payments platform designed for auction payments. The new AuctionPay platform is designed to streamline merchant services for auctioneers and organizations, catering to both online and in-person payments, the provider of global online auction software said in a Friday (March 29) press release. The platform is...
Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform. The companies have formed a strategic partnership that also includes looking at marketing and digitization solutions for Capital A’s entire...
Consumers increasingly want digital innovation no matter where they shop. Industry giants typically hold an edge in providing more digital shopping features because of their size and scale. However, savvy small to mid-sized businesses (SMBs) have found ways to punch above their weight despite their...
The lion’s share of shoppers wants merchants to let them know what installment plan options are available before the checkout process even begins, and older consumers especially demand this foreknowledge. By the Numbers For the September report “Installment Plans Becoming a Key Part of Shopper’s...