Mergers and acquisitions in the payments industry are growing as indicated by MasterCard’s purchase of fintech point-of-sale financing platform Vyze. According to Accenture, point-of-sale (POS) loans are a $1.8 trillion business opportunity. “Both consumers and businesses want the best choice and service, exactly when they ...
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Payments Trends
Payments Trends
Belgium has just 11.4 million residents and is 11,849 sq miles in size, a little larger than Massachusetts. Despite its small size, it is the world’s 27th largest economy by GDP and e-commerce is growing quickly here like many other western European countries. Its affluence, ...
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US tax deadlines are near, but our global payments news roundup will give you a welcome distraction. We’ve got a look at worldwide digital commerce trends from 2Checkout, a snapshot of payments industry mergers and acquisitions, highlights of convenience store sales for 2018, and Amazon’s ...
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This week, JPMorgan added European instant payment services for its clients with the launch of SEPA Instant in the EU. This makes it the first bank to offer real-time payment services in USD, GBP, and EUR. “Adding SEPA Instant is another step towards offering real-time ...
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A new report from 2Checkout shows an increase in global digital commerce sales of software, SaaS and online services as well as growth in sales of subscriptions for these products and services. 2Checkout analyzed millions of customer transactions on its global platform between March 2018 ...
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Today’s global payments news roundup is fast and furious. We take a look at whether smaller footprint stores will save Sears, given the challenge of profitability. By next year, millennials will spend $1.4 trillion and they are definitely masters of the online shopping universe. One ...
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While Amazon’s Whole Foods implements a range of grocery discounts, Walmart and Google are going to the prom together again to offer voice ordering of groceries, two years after testing the service previously. Walmart Voice Order will work on a variety of Google Assistant platforms ...
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Your Friday roundup of global payments news is ready for launch. We start with a look at 2018 gift card preferences and what’s on the horizon. Then we move over to China for a look at a boom in biometrics payments. Ever ordered dinner from ...
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In the US, fast food is a $200 billion industry. The on-demand food delivery business is also growing fast and is now estimated to be a $2 billion-plus a year industry according to a new report from Edison Trends. Let’s look at some of the ...
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Welcome to Payments NEXT’s weekly global payments news roundup. The week started with a bang with the planned $43 billion FIS/Worldpay merger. We covered several new product launches including Verifi’s self-service chargeback service, Branch’s new payday loan features, and ZestFinance’s bias-free lending platform. We also ...
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