Stepan Kosatyi

Blog

Interesting stories from web and social media


An untapped market - The unbanked shopper

Many of us assume that everyone has a bank account of some sort. But according to the latest report from World Bank Group, around 1.7 billion adults remain unbanked globally. That’s roughly one-fourth of the global population.

Balancing payment innovation and trust

Sixty years ago, the idea that a plastic card was the future of payments would have been perceived quite skeptically, but eventually it became a standard way to pay.

Why Smart Cities Won’t Be Built In A Day

While smart cities have been in the public consciousness for a long time, we’ve been writing about them here at PYMNTS since at least 2015. Up until very recently, that conversation has been largely theoretical and conceptual. We had been talkin ...

Mastercard Lauds Apple Card Security

Apple Card, a new kind of credit card created by Apple, is being applauded by Mastercard for its enhanced security, simplicity, transparency and privacy, CNBC reported on Tuesday (Aug. 20). The new iPhone-integrated credit card has teamed with b ...

Commercial Cards Take The Global B2B Payments Stage

Commercial card products can help companies kill the check, making transactions faster across borders. Boost Payment Solutions CEO Dean M. Leavitt tells Karen Webster that the key to getting companies on board with B2B payments done across card ...

Taking The Cash Out Of Cashing Out Tips

You may have noticed in recent years that the cash you have in your wallet, pocket or purse tends to last longer than it used to. Drew Edwards, CEO at Ingo Money, sure has — a situation he says was brought about by the increasing use of Uber ...

Uber to Remove Low-Rated Riders From Platform

Uber is going to start deactivating riders with low ratings, according to a report. The ridesharing company started the new initiative on Wednesday (May 29) in the U.S. and Canada.

Where Do We Go From Here? The GDPR Turns One Year Old

The EU General Data Protection Regulation (GDPR) completely changed how organizations, across every sector and industry, practiced and viewed compliance. The regulation was implemented to tighten up compliance globally, specifically to harmoni ...

The Future of Payments in the Age of Smart Devices

The payments industry is undergoing a revolution in which mobility and other innovations in technology are constantly driving change. Take Amazon Go for example – a store model that allows customers to simply walk in, pick up what they want and ...

A Faster Payments Use Case that is Catching On

Stripe announced that it will be joining a few other payment processors in offering merchants the opportunity to receive their funds from purchases within seconds or at least minutes rather than waiting days. Called Stripe Instant Payout, this ...

Paysafe to run global hackathon

Paysafe Group, a leading global payments provider, will host its first global hackathon across five of its key developer locations: Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada); to identify new ideas, tale ...