PYMNTS-MonitorEdge-May-2024

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MyFinity Partners With Convera to Increase Global Coverage
MyFinity Partners With Convera to Increase Global Coverage
December 13, 2023  |  Cross-border Payments

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers...

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Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet to Reimburse Users in $1M Hack
Today in Crypto: Lawmaker Says US Needs CBDC to Remain in ‘the game’; BitKeep Wallet...
October 18, 2022  |  Cryptocurrency

Crypto wallet BitKeep has been hacked for more than $1 billion in BNB Chain and Polygon-based tokens on Tuesday (Oct. 18), a Coindesk report said....

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Digital Wallets Account for 20% of All In-Store Payments in Germany, Highest in EU-5
Digital Wallets Account for 20% of All In-Store Payments in Germany, Highest in EU-5
October 16, 2022  |  Payment Methods

With nearly 29 billion debit and credit cards in circulation worldwide, cards power the digital economy. But as consumers warm up to alternatives, other payment...

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EMEA Daily: FTFT UK Develops eWallet for Students Studying Abroad in Britain
EMEA Daily: FTFT UK Develops eWallet for Students Studying Abroad in Britain
August 25, 2022  |  emea

Today in Europe, the Middle East and Africa, FTFT launched the Orbit eWallet for Chinese students studying in the U.K., and Nationwide Building Society announced...

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Square Earnings: Online Transactions, Square Card Spend See Gains
Square Earnings: Online Transactions, Square Card Spend See Gains
November 05, 2020  |  Earnings

Square posted third-quarter results Thursday (Nov. 5) that showed continued tailwinds in card not present transactions, a continued shift to larger seller contributions to gross payment...

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PayPal To Bring Buy Now, Pay Later To Venmo
PayPal To Bring Buy Now, Pay Later To Venmo
November 03, 2020  |  Earnings

It was another quarter of record-breaking results for PayPal, which saw both record transactions and new customer enrollments in Q3. Total payment volume rose 36...

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For Retail and Digital Currencies: Cryptos Today, Digital Dollars Tomorrow?
For Retail and Digital Currencies: Cryptos Today, Digital Dollars Tomorrow?
October 26, 2020  |  Cryptocurrency

For bitcoin — indeed for cryptos in general — scale is the name of the game. Not just for trading, of course, where price spikes...

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Apple Pay At Six: How Consumers Are Using It At The Physical Point Of Sale
Apple Pay At Six: How Consumers Are Using It At The Physical Point Of Sale
October 20, 2020  |  Mobile Wallets

The launch of the Apple Pay mobile wallet has long been seen as Apple’s attempt at replacing consumers’ use of plastic cards for in-store purchases...

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Grab Puts Brakes On Payments Agreement With Wirecard
Grab Puts Brakes On Payments Agreement With Wirecard
June 24, 2020  |  Payment Methods

After auditors for Wirecard couldn’t confirm the existence of $2.1 billion in trust accounts and Wirecard’s former chief executive was arrested, Southeast Asia’s Grab has reportedly halted...

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