In its 2020-21 business plan, the U.K.’s Financial Conduct Authority (FCA) announced that the payments sector would be one of its key priorities for the next three years to ensure that consumers make payments safely, that consumers and small and medium-sized businesses (SMBs) have access...
A study conducted in 2011 by two University of San Diego professors says that people who read the end of a book first not only go on to read the entire book from beginning to end, but enjoy their reading experience more. Their research suggests...
Citi’s Treasury and Trade Solutions (TTS) has launched domestic instant payments in Brazil, bringing its global reach to 28 markets in numerous regions, according to a press release on Monday (Nov. 8). Usage of Citi’s real-time payments capabilities has grown more than 100% in the...
Around the world, the grocery shopping experience is growing increasingly frictionless. Where just a few years ago, cashierless checkout technology was an out-there new technology being piloted at a select few small-format Amazon retail stores, now a range of solutions providers are competing to offer...
Businesses in the United States and Canada have a receivables problem. Firms in both nations say they wait much longer to receive payments now than they did two years ago, with the average business in both nations now waiting 45 days to realize the revenue...
Allen Simpson, acting CEO of London & Partners, discusses how new, pandemic-driven payment models have put cash at risk. “At a societal level, the solution is not further technological innovation nor access to technology, but a model that recognizes the need to keep cash as...
eCommerce has become many customers’ new normal when it comes to shopping, with the online shopping market hitting $10 trillion in value last year amid social distancing and stay-at-home orders that slowed brick-and-mortar retail to a crawl. It has been a huge boon to eCommerce platforms...
Onboarding merchants in a fast yet cost-effective manner is often an uphill battle for eCommerce marketplaces. But it’s a source of friction that can be minimized by payment orchestration APIs. In this month’s Accelerating The Time To First-Time Payments Playbook, PYMNTS talks with livestream shopping...
Onboarding merchants in a fast yet cost-effective manner is often an uphill battle for eCommerce marketplaces. But it’s a source of friction that can be minimized by payment orchestration APIs. In this month’s Accelerating The Time To First-Time Payments Playbook, PYMNTS talked with livestream shopping...