Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will support MTN’s FinTech platform, which has 290 million subscribers and 60 million active monthly MTN Mobile Money (MTN MoMo) wallets,...
Visa, in partnership with PYMNTS Intelligence, has launched a new benchmarking tool for middle-market CFOs to evaluate their working capital efficiency compared to industry peers. This tool, featuring a calculator and interactive report, is based on a study released by Visa and PYMNTS Intelligence in...
“If you cannot measure it, you cannot improve it,” British mathematician and scientist Lord Kelvin said long ago. The 19th-century statement is especially relevant for corporate executives in 2024 — particularly when it comes to working capital. At a high level, working capital is defined...
Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.” The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment transactions. “Overall, organic transaction growth for January 2024 vs. the same period in 2023 is...
TD Bank has launched “Tap to Pay on iPhone,” a new mobile-based payment acceptance option that aims to provide greater flexibility and convenience for business owners. This solution allows business owners to accept in-person, contactless payments using only their iPhone, eliminating the need for additional point-of-sale...
Prizeout has introduced a new white-label solution that enables credit unions to offer their members a suite of cash-back products. The new CashBack+ helps credit unions boost their non-interest income and offer new benefits to their members, the advertising and FinTech company said in a...
Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to insights detailed in the PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth.” Convenience also...
Access to working capital enables all types of companies to avoid operational disturbances in the short term and to power growth for the long term. In Europe, 79% of Growth Corporates accessed working capital solutions in the last year. This was the second-highest usage rate...
Four years. 1,460 days. For payments — and for commerce in general — 2020 to 2024 brought a whirlwind of change, a re-imagining of the day-to-day interactions between merchants and consumers. Through the past four years, the joint research between Visa Acceptance and PYMNTS Intelligence...