When it comes to delivering products by drone, Walmart and Amazon are going head-to-head in what many believe is the future of fast deliveries for online shoppers. According to BDO, Walmart filed 97 new drone patents with the World Intellectual Property Organization (WIPO) since July ...
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Facebook unveiled its plan for a new global digital currency called Libra and a financial system to change how money moves globally. It has the potential to transform how money is used around the world, how payments are made and could provide access to more ...
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Minnesota State University infosecurity grad student Dan Salmon has a cybersecurity warning for seven million users of the popular P2P app Venmo. He recently downloaded your data to prove to Venmo that one year after they were warned by other security experts about the security ...
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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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Bond Capital founder, VC investor, and technology analyst Mary Meeker is well-regarded for her annual internet trends reports. We’ll ignore whether a 333-slide presentation is good communications or smart presentation strategy, but there is something for everyone in her analyses and we’ve got a quick ...
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Here at Payments NEXT, we’re usually focused on how consumers and employees spend their money. For a change of pace, we’re going to focus on payroll and employee perceptions. For most employers, payroll is overhead and a cost to be managed. Rarely do employers think ...
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Let’s face it. Cross-border B2B payments are still at the teething stage. Trillions of dollars move through large decentralized financial networks daily, but the process is slow, complicated, and expensive for banks and their business customers. Visa B2B Connect aims to ease the pain of cross-border ...
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According to FICO, over 25% of US consumers have a “poor” credit rating thanks to overspending, over lending, and inadequate regulation. That’s more than 43 million Americans with credit scores less than 629 and 14% of the population has no credit rating at all. Another ...
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We’ve got a great roundup of stories this week on payments, fintech, retail, and e-commerce. POS consumer loans are growing fast and estimated at $6 trillion annually. A new report from GoCardless shows how payment preferences influence sales. Cornerstone Advisors surveys banking executives to find ...
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It’s never a happy day when a 109-year-old retailer files for bankruptcy. That’s certainly the case with FTD as it files for Chapter 11 bankruptcy protection and begins to sell off its business assets, one bouquet at a time. A colorful history Founded in 1910 ...
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