We got caught snoozing by COVID with a paper check dependence that remains problematic, despite there being all manner of digital alternatives. Happily, we’ve learned from all this. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European Central Bank (ECB) member Fabio Panetta says the digital euro could pass negative interests rates to customers, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
UniPin, an Indonesian service that among other things lets users of online games pay in real money for credits gamers can use in the digital realm, says its users can now purchase UniPin credits through Grab. Get the Full Story Complete the form to unlock...
China’s central bank is planning another test drive of its digital currency during the Lunar New Year by handing out $1.5 million in digital packets to 50,000 Beijing residents. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global Payments Inc. and Google have formed a partnership to provide cloud-based offerings and functionalities, according to a Monday (Feb. 8) announcement. Global Payments will migrate its merchant acquiring infrastructure to Google Cloud and will equip Google with merchant acquiring services, while both companies will...
They were futuristic at first, then faded into obscurity for years. Suddenly, they’re everywhere. In what is surely one of the greatest COVID-19 underdog success stories, humble QR codes are the touchless payment “innovation” that’s going wide and keeping business moving, sans hands. Get the...
PayPal Holdings said Friday (Feb. 5) its payments app Venmo was being investigated over allegations of unauthorized fund transfers and collections processes. The company told Reuters that it is cooperating with the U.S. Consumer Financial Protection Bureau (CFPB) civil investigation demand. Get the Full Story...
The American press has for years had a minor obsession with comparing the U.S. economy with that of Scandinavian nations. It’s understandable, as those economies are generally well-managed, and are now pulling ahead by going cashless — and even cardless — as fast as possible....
The consumerization and digitization of B2B payments, at a high level, is enabling money movement and financial flows — streamlined as accounts receivable (AR) and accounts payable (AP) processes are modernized — that were hard to imagine before the pandemic took root. Get the Full...
