June 30, 2015
CM Telecom Opens CM Payments Worldwide
A mobile service provider has expanded its way into the international payments space. CM Telecom recently announced that it has founded a new payments service called CM Payments, which will also...
June 29, 2015
Global Spotlight: Kenya
As a continent filled with still developing economies, Africa is rarely mentioned in the conversation of B2B payments innovation. But in Kenya, recent progress in the space not only reveals...
June 29, 2015
Fed Chief Speaks Out On Payments Security And Faster Payments
Security is increasingly becoming a key concern for the U.S. payments system and remains one area among several that mark the need for system-wide improvement, Federal Reserve Bank of Kansas...
June 26, 2015
B2B Investment Tracker, June 19-26
The Breakdown: $126.2 million invested SaaS/Big Data: 80.5% FinTech: 14% Logistics: 5.5% The last seven days in B2B investments were busy, with more than $126 million fueling startups this week....
June 26, 2015
Bitreserve’s CEO, “Bitcoin Girl” And Overstock’s Big Losses
Bitreserve has had a busy two weeks. The biggest news of the week for Bitreserve, of course, was the naming of its new CEO Anthony Watson, who was recently poached from...
June 25, 2015
Alibaba’s Cross-Border Move Hits 11 Countries
The eCommerce giant announced the expansion of its online retail initiatives through two big efforts: the launch of 11 new country pavilions on Tmall.com and the establishment of 26 cooperative partnerships...
June 25, 2015
Taking The Pain Out Of Omnicommerce
Talk about a headache. Following consumers across all of their shopping channels is tough enough, never mind enabling payments and commerce across those channels seamlessly. Vin D’Agostino, EVP for Commerce...
June 24, 2015
A Bitcoin Strategy For X-Border B2B Payments
For several years now, industry experts have been mulling over the potential for bitcoin as a global currency to power cross-border payments. The challenge of foreign exchange and varying bank...
June 24, 2015
The Biggest Deal Yet And The Cloud Snags $18M
Progress in payments, like most things in life, does not come all at once. Or at all evenly distributed for that matter — a situation made starkly noticeable by the...
Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.
In Saudi Arabia, digital wallet adoption is surging for cross-border payments, especially among younger consumers. Small and medium-sized businesses, however, face hurdles with security and cost, making addressing these concerns crucial for wider adoption. The latest data brief, “Global Money Movement: U.S. Edition,” a collaboration with TerraPay, explores the landscape of digital wallet usage in the Middle Eastern country, highlighting the generational and business-size divides in this rapidly evolving market.