By Jeff Domansky, Nov 17, 2020 In a new partnership with on-demand pay technology firm Even, PayPal will offer its US employees access to an early-pay service and other financial wellness tools designed to improve financial stability and enhance employee budgeting, savings, and other financial ...
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Payments Trends
Payments Trends
Highlights from Squawk Alley anchor Carl Quintanilla’s Nov 10 CNBC Evolve Summit interview with Visa Chairman and CEO Alf Kelly By Jeff Domansky, Nov 10, 2020 Between the pandemic, new competition, and a looming US Department of Justice antitrust lawsuit, let’s just say Visa, along ...
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By Jeff Domansky, Nov 9, 2020 It’s no secret payments and shopping habits have changed around the world as a result of the global pandemic. Recent data from Lithuanian and UK cross-border payments provider Wallter.com shows three unmistakable payments trends in response to the COVID-19 ...
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What a week! While the US waits for a clear election winner, the payments world was busy as usual. Here’s a fresh news roundup to keep you informed on the latest developments in the global payments industry. Top companies in the news include Visa/Plaid, Ant ...
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By Jeff Domansky, Oct 29, 2020 New developments and improvements in voice technology are already driving customer service, bot automation, and even investments in the banking and payments world. Juniper Research estimates that over 4.2 billion digital voice assistants are in use on devices worldwide ...
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By Jeff Domansky, October 27, 2020 Editor’s update: CNBC reported today (Nov 3) that “Ant Group’s controller Jack Ma, executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China, according to a statement Monday from the China Securities Regulatory ...
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In the first seven months of the pandemic, more than half of American consumers (57%) have unfortunately seen a reduction in their income, and 42% have missed at least one bill payment as a result. These and other results from a new survey of US ...
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Nacha’s US Automated Clearing House Network (ACH) report for electronic funds transfers in the third quarter of 2020 showed exceptionally strong growth in volume and value despite the end of some government pandemic payments. ACH handled more than 6.8 billion payments in the third quarter, ...
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New research suggests 58% of US consumers will stop using cash after the coronavirus pandemic ends. According to the September 2020 study by Travis Credit Union (TCU), consumers are now twice as likely to use a debit or credit card instead of cash to purchase ...
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There’s so much going on in the payments world, it’s time for a roundup of quick news bytes and links to news you can use if you’re in the payments industry. Accelerating winds of change in global payments – McKinseyThe COVID-19 public- health crisis and ...
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