Firms quickly adopted solutions to operate remotely in the wake of the pandemic, and the global health crisis also appears to have changed the ways many of these companies find new talent. More companies are turning to freelancers or independent contractors to complete projects, for...
All kinds of adjectives have been repeatedly applied to the year we all just lived through together — “unprecedented,” “unending,” “unbelievable,” “unfair,” “unpredictable. The list of “un” words goes on and on, and the descriptions tend toward the negative. But there’s another way to describe...
Bank software and payment tech company FIS is launching a token management service in a partnership with Visa. The Worldpay from FIS token management service will connect directly with Visa Token Service, a link up that will provide both “industry-leading global data protection services” and...
U.S. Bank is trying to adapt to the pandemic holidays with new eCards meant to spread cheer through contactless cash gifting, according to a press release. The eCards can be sent alongside payments made as gifts via Zelle in the bank’s mobile app. The eCards,...
Who are the superconnected super-consumers going boldly into the digital domain first, for almost everything in life, and without a second thought? You get two guesses. How We Will Pay, a PYMNTS and Visa collaboration, surveyed a census-balanced sample of nearly 9,600 consumers on how...
End-to-end gift card platform Qwikcilver has launched its Woohoo virtual gift card store on the Google Pay Spot Platform to enable users in India to buy and send virtual gift cards in real time, the United News of India reported on Monday (Dec. 7). The...
At a time when the pandemic has fueled a surge in creative corporate payment solutions, American Express has revamped its Early Pay supply chain solution to allow large companies and their suppliers to choose when they will pay or get paid. Daniel Brachfeld, Amex’s general...
Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a report from CoinDesk. Speaking with David Rubenstein at a Bloomberg event on Friday (Dec. 4), Corbat said the development of...
Some Chinese shoppers visiting an established online mall will be able to buy goods with the country’s first official digital currency under a new trial announced over the weekend, Reuters and other wire services reported. Residents of Suzhou were given free digital yuan as part...