P.T. Barnum perfected the art of showmanship, a reputation burnished by the spectacular fame of the traveling circus and side show that bore his name: the Ringling Bros. and Barnum & Baily Circus. Barnum grew a series of small but well-marketed performances of human oddities...
Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Even well-established and trusted marketplaces like Amazon are struggling to crack down on counterfeit products, the sales of which are expected...
This week, Mastercard announced plans to modernize its B2B payment ecosystem with Mastercard Track. The Mastercard Track Business Payment Service is said to be the first global open-loop commercial service created to automate payments between the world’s buyers and suppliers. Despite efforts to move away...
Fraudsters sold counterfeit products worth $323 billion last year, and are projected to make off with $1.8T by 2020. Kimberly Gianopoulos, director at the U.S. Government Accountability Office says that payments services providers, working with government agencies, can help marketplaces fix that. In the latest...
Treasury management is becoming a job done in real time, as business is done across borders and time zones. Ron Chakravarti, Treasury Advisory Group head at Citi, tells Karen Webster that gaining insight into how much cash is there — and where it is —...
Online marketplaces need to meet higher standards if they want to keep customers from the competition. For third-party marketplaces, that means supporting transactions in local currencies and through the local payment methods that both buyers and sellers prefer. As online shopping is now a global...
Voice is connected commerce’s killer app. That is just one of five critical findings highlighted in How We Will Pay 2019, a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases. This report — the third in our annual...
The famous 18th-century political satirist and author, Jonathan Swift, wrote in 1745 that “vision is the art of seeing things invisible.” Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments...
There was no shortage of things to watch this summer for payments and commerce peeps. Contactless launched in New York City, retail earnings season was an ongoing rollercoaster, Facebook decided to digitally mint its own currency, the iPhone lost its dominant footing, Prime Day made...
