The global market for Software-as-a-Service (SaaS) has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028. According to Griff Parry, co-founder and CEO at U.K. FinTech firm m3ter, most of these SaaS businesses are deploying subscription-based pricing and...
Today’s consumer needs more than mere convenience. They want money mobility — the option to receive any type of disbursement and transform it seamlessly into an outgoing payment or transfer it easily into any account. Seamless “any-to-any” payments and disbursements options are at the heart...
We never knew how cool — and extremely useful — payments options could be until we began to have so many to choose from. That’s putting customer experience into the frame more than ever as people decide on their preferred payment methods and providers vie...
With earnings reports and new surveys from PYMNTS, this week saw lots of numbers in the news. They showed that there’s room for growth in the global digital transformation, that digital banking is overtaking paper checks, and that consumers are practicing some spend management when...
Started in 1970 as the environmental movement got organized, Earth Day is now more than a symbolic celebration, as environmental, social and governance (ESG) issues factor more and more into the financial decisions of tens of millions of Americans. ESG is now central to planning...
Synovus Bank announced Thursday (April 21) it has agreed to buy a 60% stake in Qualpay, a company whose cloud platform lets merchants and independent software vendors add payment features to software or websites. Synovus is based in Columbus, Georgia, and Qualpay is based in...
The connected economy saw big news on several fronts this week, with buzz around Elon Musk’s Twitter takeover bid, Meta disclosing its plans for commerce in the metaverse, Goldman Sachs getting ready to launch checking accounts, and Amazon surpassing Walmart in retail spend. Bessemer Venture...
While in-store sales saw a resurgence in 2021, online spending continues to flourish in the wake of the COVID pandemic. Last year, eCommerce sales in the U.S. alone rose 14% year over year to hit $871 billion, while a surge in online and mobile payments...
Despite in-store sales making a comeback in 2021, online spending continues to grow since the pandemic’s onset in 2020. eCommerce sales in the United States alone rose 14% year over year to reach $871 billion in 2021. Moreover, a surge in online and mobile payments adoption...