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Portugal's SIBS Takes Payments Platform International

PYMNTS

The Instant Payments Solution platform from SIBS, launched in 2018 to ensure instant payments processing at a national level, is now also providing these operations between European financial institutions. In the U.S.,

Payments 167
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Air Travel Soared Over July 4, But Sector Still Grounded Compared to Last Year

PYMNTS

million travelers passed through Transportation Security Administration ( TSA ) checkpoints in the first five days of July, a more than 90 percent jump from the same period last month and more than five times the number logged during the first five days of April, according to the TSA. The number of passengers who went through U.S.

National 139
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Cash Out: PhonePe On India’s Mobile Payments Adoption

PYMNTS

Delivering funds smoothly to employees in different nations is therefore essential, and it may require firms to migrate from paper checks to digital tools, especially those that suit the needs of employees who do not have bank accounts. Find more about these and all the rest of the latest headlines in the Tracker ®.

Mobile 220
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Report: Overcoming Cross Border Invoice Complexities

PYMNTS

Businesses around the world are warming to automations and other digital tools that can simplify these processes as they seek to sustain or grow their operations. This could lead to more buyers to start using B2B eCommerce sites to secure items, and these marketplaces are expected to facilitate $3.6 trillion worth of sales by 2024.

Report 159
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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

The ERC filing deadline is October 2024. Currently, there are only a few established national brands processing ERC at scale (CPAs will do it for you on a one-off basis). Our group of CPAs and processors have a proven practice and have been through due diligence for information/data security. The largest risk is headline risk.

Taxes 195
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Crowdshipping May Be The Next Sharing Economy Frontier

PYMNTS

The total transaction value of the fast-growing online payments industry for all products is set to surpass $6 trillion by 2024, according to our Payments and the Platform Economy Playbook. The company operates in “nearly 89 percent” of the country, with some 120,000 drivers available for work. Crowdshipping Security and Trust.

Retail 116
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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Expect more deals to be announced in 2024. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast.

Fintech 195