It will pay to watch how the insurance industry undergoes innovation and disruption in the coming decade, thanks in part to digital tech, faster disbursements and even more focus on policies crafted for small and medium-sized businesses. The latest evidence in favor of that point...
MoneyGram reported a record-breaking online transaction growth over the holiday period. Between Dec. 1 and Dec. 25, the company, a leader in money transfer services, reported a transaction growth of more than 70 percent from the same time in 2018, with 80 percent of those...
Grade schools and colleges could use a massive textbook dedicated to payments – their own. Any parent of school-age kids has experienced some type of payments challenge, whether it’s the cafeteria account running low on funds and the clunky interface on the school website, or...
While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. It all depends on how closely the world is looking — and what exactly it expects to be looking for. Sometimes, DPO Group...
Mastercard is partnering with CleverCards and Appreciate Group to offer gift cards directly to mobile wallets, Mastercard announced in a press release on Monday (Dec. 16). The Select Digital Gift Card can be sent immediately by email, text or messaging app, and is available now...
Cannabis logistics startup WAYV has launched a payment solution for the cannabis supply chain, according to a report. The goal of the initiative is to reduce reliance on actual cash and to provide legitimate cannabis companies with a line of credit to simplify the selling...
Visa has added a new partner in its quest to simplify, digitize and drive costs down in the global remittances space with its real-time push payments platform Visa Direct. Visa Direct has been used to process 2 billion transactions in 2019, a number it is...
The CEO of PT Mandiri Capital Indonesia, the venture capital arm of PT Bank Mandiri, said the only way digital payment platforms can ever make money is by acting as a sort of portal into other services, otherwise it’s “just a cash-burning exercise,” according to...
There are, as of last count, approximately 170 mobile wallets of various descriptions worldwide. Some are massive and deep-pocketed and have active user counts in the billions, while others are incredibly small, local and regional, and familiar to almost no one outside a narrow pocket...
