Amid a sudden and dramatic shift in consumer shopping behavior, merchants across all industries have been forced to react quickly. The pandemic required digitization for many businesses to keep revenue flowing, but simply setting up shop online is no longer enough to keep customers happy....
Digital transformation isn’t just a pricey lesson in technobabble. It’s about operationalizing the smartest, fastest tech now available to financial institutions (FIs) to create the new pushbutton financial products consumers want. Open banking architectures and application programming interfaces (APIs) are enabling these secure, engaging new...
Western Union is offering a 50 percent discount for essential workers utilizing its payment services, according to a press release issued on Thursday (May 7). Western Union says that more than 65 percent of global citizens are working for essential, front-line services, such as medical, police...
Will retail survive the pandemic? Of course it will – but things will be different. No one is sure exactly what “different” means or even looks like just yet, but as PYMNTS research has tracked the pandemic and its impacts, certain trends are taking on...
Global payments processor i2c Inc. is upsizing its workforce to meet a spike in demand for digital commerce solutions among FinTechs and banks. “We play a vital role in helping our clients deliver critical financial services to consumers and I am proud of the hard...
Ideas like “giving smaller organizations choice” are gaining new meaning in the epic first half of 2020. What seems like a lifetime ago, back in mid-January, it was still all about adding digital payments at one’s own pace, with many prioritizing brand flash and ready...
“No one should be satisfied with the status quo.” That’s how Stripe Co-founder and President John Collison characterizes the state of digital commerce today. The global coronavirus pandemic, he told Karen Webster in an interview, has been the catalyst for a massive shift toward digital everything,...
Stripe, the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April 23) that will connect users directly with Mastercard, Visa and the world’s other top credit card networks. The company said...
Speak with people responsible for any type of payments flow today, then find the one who isn’t keen to embrace the world’s newest and best financial tech. Just kidding. No such person exists. “I haven’t spoken to a client in 10 years, even when I...
