Digital wallet Tigo Money has partnered with Visa on a regional agreement that aims to expand access to digital financial services across Latin America. The agreement creates a new payment solution — the Tigo Money Visa Card — that is linked to the consumer’s Tigo...
From funding development projects to enabling trade, banks not only play a central role in fostering economic growth across the African region. Financial institutions (FIs) are also at the forefront of efforts to digitize African payments, Richard Southey, chief digital and experience officer at pan-African...
Demand for digitization in the payments and finance areas has reached critical velocity as a new sampling of CFOs shows near unanimous support for additional spending on this technology to meet coming challenges. According to the study “Digitization Strategies: How CFOs Are Prioritizing Digital Payments...
Contactless payment for purchases at the point of sale (POS) have been gaining traction, in the aisles and at payment terminals. But the use of digital wallets across a variety of use cases gaining ground too. In “The Digital Wallet Mandate: Secure Bill Pay Beyond...
Forty-eight percent of CFOs say their investments in fraud and risk management systems were primarily designed to help maintain business operations amid the global economic upheaval caused by the pandemic. Now CFOs are determining which investments in digital technologies they need to continue making to...
During the 10 days leading up to China’s Singles Day shopping event, there was a 40% increase in the number of online transactions via the Alipay+ payment platform compared to the same period last year. In terms of transaction volume increase, parent company Ant Group...
The rise of online shopping has made inputting and managing sensitive payment information a constant concern for consumers. For any given transaction, shoppers must choose between using stored payment credentials and entering these details manually, with various perceived trade-offs influencing their decisions. PYMNTS’ latest research found...
Payment processing and commerce technology provider Shift4 has launched a new online payments platform for eCommerce businesses of all sizes. The platform features developer tools that enable businesses to create a customizable checkout form, supports a wide range of payment scenarios and includes smart anti-fraud...
Twitter has reportedly filed paperwork with the Financial Crimes Enforcement Network (FinCEN) to begin the process of registering to process payments. The social media platform did the filing last week, The New York Times reported Wednesday (Nov. 9), citing a filing it had obtained. Businesses...
