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Mind the Gap: Hiding Digital Features Costs UK Merchants Sales
March 20, 2024

Integrating online features and in-store shopping is reshaping the shopping experience in the U.K. However, more than one-quarter of U.K. merchants don’t offer the digital shopping features customers want. Even worse, one-third of these consumers faced challenges when looking for the features they most desired...

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Visa: Working Capital Strategies Best at Top-Performing Middle-Market Firms
March 07, 2024

A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth Corporates Working Capital Index,” noted that middle-market firms with revenues between $50 million to $1 billion annually perform most efficiently...

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Visa Appoints European Executive Michiel Wielhouwer to Head Visa Canada
March 05, 2024

Visa appointed Michiel Wielhouwer as its president and country manager for Visa Canada, saying he will move to that role from his previous one as executive director of Visa’s France, Belgium and Luxembourg business. Wielhouwer will succeed Stacey Madge, who served in the role for the past seven...

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Visa and Western Union Expand Cross-Border Payment Agreement
March 05, 2024

Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa cards and bank accounts in 40 countries.  According to a Visa news release, the collaboration covers card issuance, Western Union’s...

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Visa Unveils Innovative Benchmarking Tool for Middle Market CFOs to Optimize Working Capital
February 28, 2024

Visa, in partnership with PYMNTS Intelligence, has launched a new benchmarking tool for middle-market CFOs to evaluate their working capital efficiency compared to industry peers. This tool, featuring a calculator and interactive report, is based on a study released by Visa and PYMNTS Intelligence in...

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Visa’s Koenigsberg: New Benchmarking Tool Helps Middle Market CFOs Compare Working Capital Efficiency With Peers
February 28, 2024

“If you cannot measure it, you cannot improve it,” British mathematician and scientist Lord Kelvin said long ago.   The 19th-century statement is especially relevant for corporate executives in 2024 — particularly when it comes to working capital.  At a high level, working capital is defined...

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Working Capital Index Shows Strategic Deficit for European Middle Market Firms
February 20, 2024

Access to working capital enables all types of companies to avoid operational disturbances in the short term and to power growth for the long term. In Europe, 79% of Growth Corporates accessed working capital solutions in the last year. This was the second-highest usage rate...

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Visa: Click-and-Mortar Shoppers Demand Digital Simplicity, Expanded Payment Options In-Store
February 20, 2024

Four years. 1,460 days. For payments — and for commerce in general — 2020 to 2024 brought a whirlwind of change, a re-imagining of the day-to-day interactions between merchants and consumers. Through the past four years, the joint research between Visa Acceptance and PYMNTS Intelligence...

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Report: 1 in 5 US Consumers Now Shop In-Store the Same Way They Shop Online
February 20, 2024

Click-and-Mortar™ experiences — where consumers use convenient digital features alongside in-store shopping — are changing retail in the United States. Consumers are beginning to adopt these habits and favor merchants that support seamless transitions between digital and in-store experiences. Despite U.S. merchants’ penchant for offering...