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Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

PYMNTS

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. percent from 2020 to 2027. Around The B2B Payments World. Read more in the report.

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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7

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Mercari Acquires Rival Marketplace App Origami

PYMNTS

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.

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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Research indicates that consumers are recovering some of their financial confidence, with one report predicting a 64 percent year-over-year increase in new credit card applications in 2021. Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest.

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Amex, Santander Explore FinTech Using API

PYMNTS

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. At the same time, they are facing new competition from smaller, nimbler financial technology upstarts that are, in some cases, able to move on a dime to reach customers that traditional banks are often unwilling – or unable – to do business with.

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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

“Sometimes customers don’t have cash, or don’t have the right amount, and cards are fast and convenient.”. 48 percent of people use cards as one of their payment options at vending machines — and of those who prefer card payments, 82 percent cite convenience as the top reason. The Kiosk Evolution.