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The gig economy and gaming industries have driven a rise in ad hoc transactions, payments made outside of regular invoicing and payroll. Businesses are relying on instant payments to streamline these transactions, which involve contractors, consumers and small businesses.
According to a PYMNTS Intelligence report, “Gigs and Games: How Instant Payments Are Gaining Ground for Ad Hoc Transactions,”...
Finance is the shared language all businesses speak — especially those engaged in commercial relationships.
Against that backdrop, today’s healthcare chief financial officers (CFOs), once primarily responsible for managing budgets, compliance and financial reporting, must also act as strategic business leaders and translators.
One of the most unexpected yet critical shifts in this role is the CFO...
Checkout conversion is the name of the game in eCommerce.
Merchants who increase their conversion rates typically boost their sales as a result.
The PYMNTS Intelligence report “To Boost Conversion, UAE Merchants Want Simpler, Faster Checkout From PSPs,” a collaboration with Mastercard, explored the role of technology in user experience during checkout. The results were from a survey of 300 middle...
The need for speed and digital tools has become essential to the Latin American banking experience. Case in point: As detailed in PYMNTS’ recent exclusive sweep of 11 countries’ digital engagement, “How The World Does Digital”, more than 55% of the Brazilian population engages in the top 10 measured digital activities at least weekly, including mobile and online banking. And companies like...
Small- to medium-sized businesses (SMBs) make up most of all U.S. businesses, and each business is as different as its owner.
It stands to reason, then, that they don’t all take the same approach to attracting and retaining their customers.
For long-standing SMBs, customer loyalty is a powerful asset. Decades of experience, strong brand recognition and deep-rooted community ties allow these...
In a week that was largely dominated by earnings reports, the CE 100 Index gained 3% as all pillars advanced. The Index’s upward trajectory outpaced even the tech-heavy NASDAQ’s gains.
Amid the rallies, the “Have Fun” pillar of the CE 100 Index led the way, gaining 5.8%
DraftKings was a standout, up 26.5%. The company posted results for the fourth quarter, including commentary that the digital...
Cryptocurrency apps in the U.S. have surged in popularity due to factors such as the potential for profit, low transaction fees, and increasing user accessibility. These platforms allow users to trade cryptocurrencies easily, offering a decentralized, peer-to-peer model that reduces reliance on traditional financial institutions.
The ability to buy low and sell high has attracted investors...
Amazon is reportedly pushing back the release of its updated Alexa, part of a string of delays for the virtual assistant.
While the company still plans to publicly unveil the new version of Alexa on Feb. 26, a report Friday (Feb. 14) by the Washington Post says the public release of the product has been moved back at least a month.
The report cited an internal memo seen by the Post and an...
While digital identity crimes are an ever-present threat, fake physical IDs have never gone away.
And as The New York Times (NYT) reported recently, these IDs — long-prized by underage folks who want to hit the bars before they’re legally allowed — are only growing more sophisticated.
That’s because continual upgrades to license designs means that the type of fake ID students once put together...
Neobank Varo is undergoing a change in leadership.
Colin Walsh, who founded the company, has departed from his role as chief executive, according to a report Sunday (Feb. 16) from FinTech Business Weekly (FBW).
Walsh, who will remain on Varo’s board, will be succeeded by Gavin Michael, former CEO of cryptocurrency exchange Bakkt. Michael announced his departure last year, saying he would remain...