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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.

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PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

PayPal has increased its foothold in Eastern Europe and Africa, and has boosted its presence in the global remittance market, through a new partnership agreement. The Xoom-Ria deal comes amid continuing changes to the global remittance market because of digitalization and other factors. through 2028.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

Here are a few striking initiatives that caught my attention in the last couple of months: Issue biodegradable debit cards While Mastercard will require banks to use sustainable materials in issuing new payment cards by 2028, Bank of New Hampshire has been issuing biodegradable debit cards since last August. THAT IS WILD.

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What does the future hold for banking?

NCR

Going on current trends we would expect ATM installations to be at around 5 million across the globe, by 2028. The consumer has to actively request an overdraft increase, for example, or go through a process of application and approval to get a credit card.

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Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market

FICO

Today, it is the preferred choice of payment in many countries, with the contactless market set to reach a global value of US$6.25 trillion by 2028. Europe and the UK are currently leading the market. If we look at the current numbers against the wider backdrop of card fraud, they are fairly low in comparison.

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Who’ll Win When Facebook Advertisers Flee?

PYMNTS

Analysts have estimated the value of Amazon’s ad business, in revenue , to be between $5 billion and $18 billion today, while others say it could be worth as much as $50 billion by 2028. And, now, thanks to Alexa, consumers can also order things across a slew of connected devices and mobile apps.

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FinServ Starts To Draw The Line Between Freelancer And Small Business

PYMNTS

workforce by 2028, and already 16 million individuals are participating in the gig economy. And because a gig worker is not always considered a large-enough business to obtain a commercial or small business credit card from a bank, separating that spend can be particularly difficult, leading to larger challenges at tax time , he said.