June 02, 2023
Delegated Authentication Helps Speed the Shift to Passwordless Future
In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential to revolutionize the way we...
June 01, 2023
Amazon Fulfillment Executive Melissa Nick Leaving Company June 16
Amazon Vice President, North America Customer Fulfillment Melissa Nick will reportedly leave the company June 16. Nick will be the latest in a series of executives who have left the company over the...
June 01, 2023
Dapi and Mastercard Partner to Provide A2A Payments in UAE
Dapi and Mastercard have partnered to provide account-to-account (A2A) payments in the United Arab Emirates (UAE). With this strategic partnership, Dapi, a UAE-based FinTech company, will launch A2A payments on Mastercard Payment Gateway...
June 01, 2023
Instacart Takes on DashMart With Aldi Digital C-Store Partnership
Instacart is working with discount grocer Aldi on 30-minute delivery of convenience store goods, a move that could boost the grocery aggregator’s competitive position in the category relative to competitors...
June 01, 2023
Trader Joe’s Embraces Digital Scarcity Amid Grocery’s eCommerce Rush
As many brands race to become as digitally available as possible, Trader Joe’s is going the opposite route, leaning into its lack of eCommerce presence to set the shopping experience...
June 01, 2023
Small Businesses Struggle as Banks Tighten Lending
Smaller businesses have begun cutting back as banks impose tougher lending standards. As The Wall Street Journal (WSJ) notes in a Thursday (June 1) report on the phenomenon, merchants are...
June 01, 2023
New World of Global Trade Set to Affect Cross-Border Commerce
Smaller merchants may need more help navigating the new rules than ever before. As reported by The Wall Street Journal in May, international trade deals are fading in favor of...
June 01, 2023
Generative AI Is Evolving Embedded Finance by Accelerating Easy Wins
The digitization of everyday life is transforming nearly every consumer touchpoint, particularly payments. As the world continues to hit new levels of daily digital engagement, generative artificial intelligence (AI) is emerging...
June 01, 2023
India’s UPI Real-Time Payments System Tops 9 Billion Monthly Transactions
India’s monthly Unified Payments Interface (UPI) transaction count has topped 9 billion in a single month. The real-time payments system’s transaction count hit 9.41 billion in May, up 58% year over year,...
The U.S., U.K. and Europe are intensifying their efforts to develop and deploy the policies and infrastructure necessary to advance the use cases and real time payments volume of their domestic networks. This month’s “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the progress and future developments of real-time payments across these regions.
The United Arab Emirates boasts a robust digital market, with 89% of retail shoppers leveraging digital tools in physical stores and the second highest ranking in customer satisfaction among the six countries studied. A new 31-page PYMNTS Intelligence report, “2024 Global Digital Shopping Index: UAE Edition,” commissioned by Visa Acceptance Solutions, examines the state of digital shopping in this country where merchants are challenged to keep pace with shopper’s digital needs.