The poor traditional banks. Under siege from digital bank startups and well-financed fintechs. Profitable now, but potentially less so in the future. Unless they can figure out a way to attract new, younger, digital-savvy customers. A new social experiment by digital customer interactions company Lightico ...
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Fintech
As the end of the dog days of summer approaches, we’ve got our weekly global payments news roundup for you. First, we look at the 25th anniversary of Visa’s first e-commerce payment and a bit of online payments history. Next up, the logistics industry is ...
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Hola! Our payments news roundup covers the latest from around the world starting with a look at MSTS’s “Credit as a Service™.” Then there’s the growing problem of password hygiene, according to new research from PC Matic. The future of retail is convenient and connected ...
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Lots of global payment news to cover, so let’s get right at it. We profiled 11 logistics leaders in last-mile delivery including Nuro, Boxbot, Amazon Scout, Starship, and Postmates Serve. The latest PULSE survey shows debit payments are growing and contactless is trending. Russian e-commerce ...
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With roughly 30 million Americans with at least one debt in collections according to the Federal Reserve, the Consumer Financial Protection Bureau (CFPB) is looking at new rules to regulate how third-party debt collectors contact debtors. New regulations could reduce the use of pestering phone ...
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Our weekly global payments news roundup has an international flavor this week, starting with a look at Walmart’s unexpected bonus of payments provider PhonePe in its acquisition of Flipkart. Digital payments are taking off in India and PhonePe is poised for growth. In Japan cash ...
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According to Credit Suisse analysts, India’s payments market could grow from $200 billion today to reach $1 trillion by 2023. Walmart is smiling because it’s $16 billion purchase of more than 80% of e-commerce giant Flipkart included small payments subsidiary PhonePe. With Indian mobile usage ...
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Could you double your financial services company revenue by offering loans for as little as $30 and insurance policies at 30-cents per month? After 10 years in operation, Indian digital payments company MobIKwik believes that’s its path to profitability this year and double its revenue ...
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Happy July 5 to our US readers and welcome to this week’s global payments news roundup. We start with a look at the growing Chinese traveler payments market and CITCON’s EU expansion. Most consumers pick online payments security over convenience, but to the Brits, it’s ...
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No fake tariff deals or fake news here, just the best global payments news from this week for your information. Visa B2B Connect launched a faster cross-border payments network for financial institutions. Amazon Credit Builder reaches out to credit-challenged consumers. A new Ceridian report looks ...
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