Recurring payments company GoCardless and subscription commerce company Recurly have teamed up to give businesses access to the “first global network designed for recurring payments,” according to a release. Businesses will be able to collect recurring payments through bank debit and Recurly merchants will be...
FinTech provider Bottomline Technologies announced that it has added artificial intelligence- (AI) enabled chat inside its payment solutions for its Paymode-X and PTX customers. Bottomline is partnering with Drift, a conversational marketing platform, to provide businesses in North America with AI-enabled chat that offers live...
During the Middle Ages, payday was a yearly event wherein the local landlords and their peasant workers settled up for the previous year’s work and drew up terms for the next year. As industrialization displaced feudalism, pay cycles evolved to monthly. The modern era ushered...
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...
Digital cross-border payments provider InstaReM has announced that it is rebranding to become part of Nium, the first global payments platform that allows businesses to send, spend and receive money from around the world. Backed by investors including Vertex Ventures, Fullerton Financial Holdings, Rocket Internet...
At first glance, the mention of seafood and the doctor’s office in the same sentence may conjure up images of a clambake gone terribly wrong. But for Mastercard, which announced a number of new tech-driven initiatives on Sunday (Oct. 27), far-flung verticals such as healthcare...
The mood in the air at the start of the 2010s was different from the one that preceded the start of the 2000s. The shift from 1999 to 2000 was (mostly) a joyous and cheerful environment. Sure, there was a slight lingering concern that a...
Recent weeks have seen headlines in the financial press heralding the death of unicorns — tech companies that are (or were) valued at $1 billion or more, that went public, crashed and burned. WeWork comes to mind, of course, once valued at $47 billion, now...
That instant payments have been a significant boon to workers in the gig economy is almost inarguable. A glance at the data demonstrates why. According to a study released jointly by PYMNTS and Mastercard, a large segment of gig workers live paycheck to paycheck, and...
