By Jeff Domansky With more than 2.8 billion mobile wallets in use worldwide at the end of 2020 and the impact of the pandemic, you’d think US consumers would be quicker to adopt mobile wallets than developing countries. You’d be wrong. New research from Boku ...
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Out of this world! That pretty much sums up this week’s global payments news, and it’s only Friday. Branson and Bezos may be trying to be the first to circle the globe, but we’re here first with the news you need to know, so buckle ...
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By Jeff Domansky The majority of small businesses in six countries (60%) experience cash flow issues at some point, so it’s no surprise 89% of small business owners say cash flow issues negatively impact their business. In fact, it’s among the top three issues for ...
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By Jeff Domansky A new bill payment study shows US consumers struggling with cumbersome bill pay processes and wanting faster, easier bill payments more in line with their one-click online shopping experiences. “Payment innovation in the e-commerce space has upped the ante for bill pay. ...
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By Jeff Domansky The pandemic imposed terrible health and financial hardships on consumers everywhere, with an estimated 7.48% of US mortgage accounts in “hardship status” by May 2020. Just two months earlier, in March 2020, before the full impact of Covid-19, mortgage accounts in trouble ...
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By Jeff Domansky At PaymentsNEXT, we’re usually focused on the payments industry, fintech, technology, payments trends, and new developments. Once in a while, it’s helpful to step back and think about the intersection of payments and technology in our daily lives and what’s on the ...
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By Jeff Domansky Understandably, PayPal’s new payment pricing strategy attracted a lot of attention. After all, the company is one of the biggest in the payment industry, with $21.4 billion in revenue in 2020 and $936 billion (+31.5%) in transactions processed. Its biggest payment processing ...
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By Jeff Domansky Dwolla announced new Drop-In Components in its continued effort to lighten the technical lift of integrating a payment API. The low-code components reduce a payments integration by thousands of lines of code, dramatically shortening API integration for developers with or without technical ...
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By Jeff Domansky The global B2B payments market is projected to reach $63 billion by 2026, while the global accounts payable automation market is expected to reach $3.1 billion by 2024. No surprise that fintechs see big opportunities to meet the demand by businesses for ...
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By Jeff Domansky As excitement builds regarding a return to “normal,” it’s helpful to look around the globe and see which economies are poised to rebound the fastest. During 2020’s year of Covid, global consumers made many new buying decisions and tested new shopping and ...
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