Let’s face it, the mobile payments landscape is moving as slowly as the proverbial LA traffic jam. There’s a purse or wallet full of reasons for the slow adoption in the US including legacy systems, cost, merchant reluctance, the strong appeal of card rewards, and ...
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Payments Trends
Payments Trends
Time flies when you’re in the payments industry and we’ve got some global payments news to help you quickly keep up with the latest. We look at Mitto, an innovative Spanish virtual card design for Gen Z and financed by mom and dad. Clarus Commerce ...
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Apparently, cash is not on its deathbed after all. At least not yet at Amazon. Amazon is partnering with Western Union to expand its PayCode service so US online shoppers can now pay cash to buy that next 10-in-1 Instant Pot, Fire TV Stick, Donkey ...
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It’s one of the payment industry’s ugly secrets and for companies with a business built on subscriptions, it’s a revenue and business continuity risk that needs very close attention. Erich Litch, President & COO 2Checkout The problem is that some company databases are virtually held ...
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Another week, another payments news roundup. Let’s dive in. How could $35 million in payroll and tax accounts go missing from cloud provider MyPayrollHR? We investigate. B2B cart abandonment is a surprisingly big and costly problem according to new research from MSTS. A new business ...
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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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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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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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