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. ↦
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. ↦
Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. ↦
McDonald’s has fired its chief executive officer because of a consensual relationship he had with an employee. ↦
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 ... ↦
YouTube is proposing to stop advertisements that target videos watched by kids in a bid to satisfy both regulators and consumer groups. ↦
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 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 ... ↦
Texas Gov. Greg Abbott announced that Uber will receive $24 million from the state to establish a new U.S. General and Administrative Hub in Dallas. ↦
Facebook announced it has launched a new privacy tool so users can prevent their information from being sent to the site for targeted advertising. ↦
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 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. ↦
This piece was posted in Digital Transactions and provides an opinion around reasons for recent (and less recent) investments/acquisitions by Mastercard and Visa. One of the overriding points is the networks’ shared desire to gain broader part ... ↦
As far as buzzwords go, one must tip their hat to the enduring power of “omnichannel.” ↦
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 UK is at the forefront of the financial services revolution. With one of the world’s highest contactless card adoption rates, a thriving challenger bank community and successful open banking initiatives, it’s no surprise the nation’s fintec ... ↦
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 ... ↦
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 ... ↦
World events impact global networks. With all the talk about banking sanctions against Iran, do not expect your Mastercard or Visa to work at Iran’s large retailer, Hyperstar. Will it lead to another domestic payment scheme such as Mir in Russ ... ↦
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 ... ↦