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A Florida man caused roughly $5,000 in damages to an ATM at a Wells Fargo bank branch in Cocoa, Florida after it dispensed too much money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
British banknotes are practically royalty. According to research in the new PYMNTS Global Cash Index™ U.K. Analysis, physical currency is still king (and queen) of payments. And, in the land of contactless payments, its overall use is even climbing. Victoria Cleland, director of banknotes for...
When it comes to payment usage in the U.K., cash is as close to British royalty as payments get — and not just because Queen Elizabeth appears on the country’s banknotes. Despite new innovations in payment technology, physical currency remains atop the throne in Britain. Get...
Order-to-cash is an area of cash flow management that has the potential to significantly enhance a business’s financial performance. But ongoing reliance on paper invoices, continuing acceptance of paper checks and evolving business models are preventing companies – especially large multinationals – from grasping the power...
Be it Western or Eastern Europe, when it comes to paying for daily transactions, consumers still pick cash — $3.6 trillion of the cold, hard stuff was spent in 2016, according to the latest PYMNTS.com Global Cash Index™ Western and Eastern Europe Analysis. But with...
Even with the growth of contactless and digital payments in Western and Eastern Europe, cash continues to cut itself a lion’s share of the payments pie — at least, when it comes to retail transactions. Get the Full Story Complete the form to unlock this...
Digital payments and cryptocurrencies like bitcoin may be getting all the attention, but that doesn’t mean cash doesn’t still reign supreme. At least, that’s the case in England anyway, with Bank of England’s (BOE) Chief Cashier Victoria Cleland adamantly stating that “cash is not in...
