While the eventual goal for perhaps all participants in the pre-COVID-19 commerce ecosystem was to center their operations around a digital-first mentality, priorities have shifted some in the last several weeks. A world that was aiming to get to digital-first has found itself launched – practically...
Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an area that’s ripe for disruption. There’s just so much inefficiency,” Jim McCarthy of the payments-technology firm i2c tells Karen Webster....
The Uber ecosystem keeps on growing, and though obstacles always arise – some economic, some regulatory, some driven by other factors – paying attention to each new stage of growth can give hints about what’s to come, and what Uber’s rivals might have to start...
It’s what WeChat and Alipay already are in China, and what LINE is in Japan. Rappi follows suit in Latin America. It’s what Grab and Gojek are investing hundreds of millions of dollars to become in South Asia. It’s Facebook’s global ambition, with or without...
July 06, 2020
The idea that money should be able to move instantly between sender and recipient has long been gaining ground in P2P payments, the gig economy, the insurance industry and more. But interest in the concept has virtually exploded over the past several months thanks to the COVID-19 pandemic, experts in our latest On The Agenda […]
March 19, 2020
Getting U.S. companies to switch to electronic B2B payments is tough enough, but adoption problems only grow when you add in cross-border transactions. “It’s an area that’s ripe for disruption....
August 06, 2019
It’s the customer relationship — that seems to be the main storyline in the smartwatch wars, a competition that has recently seen Fitbit lose significant ground thanks to Apple and...
July 12, 2019
Friction bedevils pretty much everything in commerce and payments, and that holds especially true for the management of rental property. Not only are there many moving parts and a variety...
March 12, 2019
Deutsche Börse, IT services provider Swisscom and FinTech firm Sygnum announced they are partnering to create a digital asset infrastructure on blockchain. Together, the firms will offer a “regulatory compliant ecosystem” that includes issuance, custody, access to liquidity, and banking services, which will all use distributed ledger technology (DLT). “Switzerland, known to be a nucleus […]
November 15, 2018
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.” According to Quartz, the U.S. government collected approximately...
