The $81 billion payroll processing business in the US is normally bedrock solid, made up of longtime players and innovative new payroll-as-a-service (PaaS), cloud-based fintech startups. Like the former subprime mortgage market, the US payroll industry seems too big to fail. MyPayrollHR just proved that ...
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China’s moves to advance artificial intelligence leadership are well-documented and reflected by the fact that 19 of the top 50 largest patent registrations in the AI space are Chinese companies. The three largest are still US companies – IBM with 3000 applications Microsoft (1955), and ...
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Hard on the heels of launching a new small business loans product – Stripe Capital last week, Stripe is out today with a new corporate credit card aimed at small business. The Stripe Corporate Card is designed to meet the needs of US startups and ...
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By: Ralf Ohlhausen, Executive Advisor at PPRO The closer to the September 14 implementation deadline for the Regulatory Technical Standard (RTS) on SCA & CSC detailing much of the PSD2 legislation, the less room there is for lack of clarity about its stipulations. The RTS ...
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Last week’s post on B2B cart abandonment really sparked some conversations and reflections on how fast B2B selling is changing. The bottom line was businesses are leaving a lot of money on the table by not ensuring a smooth process and top-notch e-commerce platform to ...
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Welcome to our first global payments news roundup for September. Lots of important news as we move into the busy fall business cycle. Accenture research shows UK challenger banks will triple in size in the next 12 months – substantial growth and the new competitive ...
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Accenture predicts UK digital-only challenger banks will triple in size from 12 million users to more than 35 million users in the next 12 months. A new Accenture report says five million new customers opened digital-only bank accounts in the first six months of 2019, ...
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Recognizing the threat from fintech startups as well as mobile powerhouses like Alipay, a group of seven European payments leaders has started building a new network focused on improving cross-border mobile payments in the EU. Headquartered in Zurich, the European Mobile Payment System Association’s (EMPSA) ...
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MSTS is out with a new report on B2B sellers and buyer payment preferences. There are valuable insights and solutions to some of the challenges faced by B2B sellers, but one statistic shocked me. The research showed that 57% of B2B buyers did not complete ...
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It’s Labor Day, so we thought we’d keep things a little lighter than usual here on Payments NEXT. This just in. Americans have got the message about the dangers of drunk driving, but apparently, they missed the memo about drunk shopping. Recent research shows that ...
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