Search results for "global cash"

February 27, 2023
Bank of England Says ‘Britcoin’ Will Boost UK Businesses

The U.K.’s digital currency project will have real world benefits for the country’s businesses. That’s according to Ben Broadbent, deputy governor for monetary policy at the Bank of England, who...


February 27, 2023
The Risks of Not Offering Local Payments

Three-quarters of global eCommerce is conducted using local payment methods, but offering such a diversity of payments may be difficult for merchants to do on their own, says Spreedly’s Andy...


February 26, 2023
Debit Card Transactions Soar in Germany Amid Digital Wallet Growth

Germany’s girocard clocked 6.7 billion transactions in 2022, a 13% increase compared to the year prior. This led to a 12.2% jump in sales to more than €284 billion during...


February 26, 2023
UK Rapid Grocery Market Booms as Brits Lean Toward At-Home...

Following deals with Just Eat, Co-op and Sainsbury’s have become the latest U.K. supermarket brands to partner with an aggregator to provide rapid delivery service to clients. This comes on...


February 26, 2023
American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID...

American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ) cites a number of examples...


February 25, 2023
Consumers Crave Escape as Travelers Keep Spending 

Some call it “revenge travel” but it’s really more of a “great escape.” This, at a time when inflation-flattened consumers are cutting back on everything — even the food they...


February 24, 2023
Circle and Citizens Trust Bank Partner on Digital Financial Inclusion

Citizens Trust Bank will hold $65 million in USD Coin (USDC) cash reserves as part of a partnership to foster digital financial inclusion. Circle Internet Financial, the issuer of USDC,...


February 24, 2023
Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas

Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...


February 24, 2023
FinTechs Struggle to Retain Consumer Trust in Africa

There is no denying that trust plays an important role when it comes to payments transactions. And according to Isaac Kamuta, it’s one of the key advantages regulated traditional banks...