Bond Capital founder, VC investor, and technology analyst Mary Meeker is well-regarded for her annual internet trends reports. We’ll ignore whether a 333-slide presentation is good communications or smart presentation strategy, but there is something for everyone in her analyses and we’ve got a quick ...
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Here at Payments NEXT, we’re usually focused on how consumers and employees spend their money. For a change of pace, we’re going to focus on payroll and employee perceptions. For most employers, payroll is overhead and a cost to be managed. Rarely do employers think ...
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Let’s face it. Cross-border B2B payments are still at the teething stage. Trillions of dollars move through large decentralized financial networks daily, but the process is slow, complicated, and expensive for banks and their business customers. Visa B2B Connect aims to ease the pain of cross-border ...
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According to FICO, over 25% of US consumers have a “poor” credit rating thanks to overspending, over lending, and inadequate regulation. That’s more than 43 million Americans with credit scores less than 629 and 14% of the population has no credit rating at all. Another ...
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We’ve got a great roundup of stories this week on payments, fintech, retail, and e-commerce. POS consumer loans are growing fast and estimated at $6 trillion annually. A new report from GoCardless shows how payment preferences influence sales. Cornerstone Advisors surveys banking executives to find ...
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It’s never a happy day when a 109-year-old retailer files for bankruptcy. That’s certainly the case with FTD as it files for Chapter 11 bankruptcy protection and begins to sell off its business assets, one bouquet at a time. A colorful history Founded in 1910 ...
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The checkout line is getting crowded with point-of-sale (POS) finance competitors each looking for a slice of the consumer lending market with the help of innovative technology and platforms. Filene Research Institute estimates the annual size of the POS finance market in the US at $391 billion ...
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Preferences shape how consumers like to pay and how your business should collect payments which impact customer satisfaction and churn. A new report from GoCardless looks at payer preferences for various types of recurring purchases in different markets and what’s needed for sales success. Eight ...
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Getting a handle on what’s happening in banking this year and in the future is a big challenge. Cornerstone Advisors surveyed 305 senior executives at US-based, mid-size financial institutions (FIs), 60% from banks and 40% from credit unions to get a picture of banking in ...
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Here’s your global payments news roundup for this week. National Retail Federation predicts $16 billion in spending on Father’s Day gifts. 67% of consumers will shop at a retailer with mobile coupons. The payments industry has $2 billion of VC financing so far this year. ...
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