Digital Payments

Digital Payments
The Data Point: 74% of Firms Say Digital Payments Improve Working Capital Management
May 19, 2022

Those who hesitate often end up playing catch-up, and that goes double for businesses during the historic digital shift that’s remaking back-office finance departments with superior systems. Accelerating the upgrade of finance stacks is paying off, particularly for mid-market firms always looking for an edge...

Digital Payments
Nium Announces Real-time Payments, Expanded License, in Malaysia
May 19, 2022

Nium can now process real-time payments in Malaysia, the digital payments startup announced in a news release Thursday (May 19). With this addition, the company said, Nium now processes more than 75% of transactions globally in real time, and makes payments to 100 countries. Malaysia...

Digital Payments
PYMNTS AM Radar: Digitizing Collections; Need for Speed; New Wave Health; ICYMI
May 18, 2022

Welcome to Wednesday, May 18. Deal or no deal? Elon Musk is still insisting on more transparency before moving forward with his Twitter buy, but now the social platform is turning the tables and saying they might force the sale. Here’s what else should be...

Digital Payments
Customer Choice Is as Important to RTP as Speed
May 18, 2022

Whatever one’s feelings on seminal Swiss psychiatrist Carl Jung, you’ve got to admit the guy knew a thing (or two) about “duality” — two ideas in one that can each have different agendas. Were he around today, say, observing how we pay for things, Jung...

Digital Payments
Balance Sheet Management Pressures Push 75% of CFOs to Digitize Payments
May 18, 2022

Businesses spent years and many millions of dollars modernizing their payments technology stack to handle the rapidly expanding volume and demand for faster payments that are becoming a hallmark of the 21st-century economy. These systems upgrades took on new urgency in March 2020, when the...

Digital Payments
Orchestrated Payments Pave Over Rough Spots in ‘Last Mile’ of Customers’ Online Journeys
May 18, 2022

The payments team is no longer in the background. “COVID has had a roller-coaster impact on consumer sentiment and behaviors,” Christopher Hudel, chief technology officer at Spreedly, told PYMNTS in a recent interview. The great digital shift, he said, has spurred companies to focus on...

Digital Payments
PYMNTS AM Radar: Tether Selloff; That ‘70s Algorithm; One-Click Nirvana; Klarna Expansion; ICYMI
May 17, 2022

Today is Tuesday (May 17), and it’s the biggest day for voting so far in 2022, with ballots being cast by Dems and GOP voters in Idaho, Kentucky, North Carolina, Oregon and Pennsylvania primaries. Plus, retail sales for April will be released at 8:30 a.m....

Digital Payments
Nordic Leadership in Mobile Tech Bypasses Region’s Outdated Digital Payments Practices
May 11, 2022

Nordic countries are well-known global leaders when it comes to digital and mobile payments innovation, even bypassing larger economies such as Germany and France on mobile payments adoption. But despite their strong reputation in technological advances, there are still a number of areas, particularly in...

Digital Payments
TerraUSD’s Price Collapse Shows Vulnerability of Dollar-Pegged Cryptos
May 10, 2022

TerraUSD, one of the largest stablecoins in crypto, may have escaped a classic bank-run-style death spiral Monday night (May 9) thanks to a massive cash infusion from backers — and a timely trading halt on the world’s largest cryptocurrency exchange. Stablecoins are increasingly seen as...