As we approach the end of the dog days of summer, we’ve got a roundup highlighting the latest global payments news. We start with a look at the big dogs Amazon and Affirm tying up in a blockbuster buy now pay later deal. Korea penalizes ...
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Fintech
Fintech
After wrestling with alligators and hosting issues, we’re back with the latest payments news from around the world. Lots going on, so check it out. Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M dealA year and a half after Currencycloud raised $80 ...
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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 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, June 9, 2021 Fintech PayNearMe will enable millions of Walmart shoppers to pay their bills with cash by displaying a scannable code on their mobile phones at any of Walmart’s 4,674 US stores and MoneyCenterbehavior locations. In expanding its partnership with digital ...
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By David Sharp, President, PaySimple, June 1, 2021 Last year was pivotal in the payments industry when the COVID-19 pandemic forced many businesses to rethink their business strategies and adopt new revenue streams. Despite its many downsides, the pandemic has proven the necessity for small companies ...
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By Jeff Domansky, May 11, 2021 A new partnership of Wise and Google Pay means US mobile wallet users can send money to friends and families across borders cheaper and faster. The launch lets Google Pay users in the US send money to Google Pay ...
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By Richard Steggall, Urban FT, May 10, 2021 When it comes to digitization and technology adoption, banks and credit unions have been thrown into the lion’s den. Sparring with tech giants and innovative startups to defend increasingly disputed territory in financial services, much of the ...
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Lots of breaking and positive news this week, and this quick roundup will keep you up to speed on the payments industry news you need to know. April US retail sales grow 23.3% as trends point to a recovering economyTotal US retail sales sprung into ...
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