Clothing is expensive and trends are quick to change, making fashion rental platforms especially appealing for consumers who want more choice, convenience and flexibility. The clothing rental market in the United States is projected to reach $4.4 billion by 2028 and millennial women are leading...
The rise of global payments has meant the need for smarter payments, according to the new Smarter Payments Playbook. In the study, PYMNTS discovered that cross-border payments from the U.S. have increased 47 percent since 2017. This is due in part to retailers simply making...
Integrated receivables have received a significant amount of interest and press in the banking space: DadeSystems President and CEO Bill Zayas, for instance, told PYMNTS in an interview that research firms have been creating papers on it — and said it has become a “hot topic”...
Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment Systems, tells Karen Webster that, even in the age of financial service megadeals, the processing space should be ruled by...
The B2B space needs to transform from paper-based to automated process — and nowhere is this more apparent than with accounts payable (AP). As Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline, tells Karen Webster, collaborations between banks and FinTech firms can smooth the...
There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to the concept of working together for the greater good. As it turns out, “payments is a team sport,” at least in the view...
The world of unattended retail has come a very long way in a very short time. Less than a decade ago, the unattended retail space was more or less defined by vending machines. It was the source of last-resort sustenance – participating in unattended retail usually meant...
The news last Friday that Facebook has plans to launch its own global crypto-based payments rails is déjà vu all over again. Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits. Credits was...
Payments don’t always have to be just about the cards. That’s the big message being sent throughout the payments world as PSD2 and other FinTech efforts spark innovation and give consumers, companies and other organizations more methods to pay — methods that better match the preferences...
