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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

Prepaid debit cards are playing an important role. Eventually, the organization had to rely on prepaid debit cards, specifically for moving money from “New York to Colombia and Ecuador to buy more cocaine.” After the cards arrived in South America, the cartel hired workers to withdraw the money from ATMs.”. Too Much Cash.

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Adobe On How Regional Payments Enable Global Growth

PYMNTS

Modern consumers purchase everything from software to music streaming to groceries through subscriptions, but even merchants that have been successful in their domestic markets can find it challenging to make the model work abroad. This makes researching a region’s preferences critical before launching services there.

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Cards, Trade Credit Tech Bridge The Buyer-Supplier Gap

PYMNTS

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. As it turns out, the technology can also ease friction for suppliers' AR operations, too.

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UK’s Deliveroo Will End Operations In Germany

PYMNTS

Deliveroo, the British food delivery service, said it will end its operations in Germany and shift its focus to other markets. Reuters reported that the announcement came on Friday (August 9) that the company would exit that market. Deliveroo will bring its focus to other markets across Europe and the Asia-Pacific region.

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Is Real-Time Payments A Threat To Credit Cards?

PYMNTS

That holds especially true for the Asia-Pacific region, as InstaReM CEO and Co-Founder Prajit Nanu discussed with Karen Webster in a new PYMNTS podcast interview. It soon became clear to Nanu that the international payments market was in dire need of newer, better ideas. Credit Cards. Compared to consumers in the U.S.,

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Mastercard Launches AR App To Highlight Card Benefits

PYMNTS

The program is housed in an app that will provide users with a photorealistic AR experience in a 360-degree virtual environment, where they can interact with a number of displays that educate them on the features of their card. To begin, the users must scan their cards on their phones. According to the J.D. Power 2018 U.S.

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Mastercard Survey Links Commercial Cards To Savings

PYMNTS

A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Use of a commercial card program to manage employee travel expenses, however, reduces these operational costs and is linked to add-on benefits like travel insurance and rewards.

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