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Gojek Debuts POS System For Indonesian Merchants That Accepts Cashless Payments

PYMNTS

The cashless payment modes accepted include debit and credit cards, the standard Indonesian QR code system, and digital wallets like GoPay and LinkAja. The company said its services have aided over 900,000 retailers to access digital operations.

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Regions Bank Plucks New CIO From FinTech Arena

PYMNTS

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. The bank’s corporate office has chosen Amala Duggirala as its new CIO.

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Taking New Approaches To Retail Stores And Faster Payment Models

PYMNTS

And, in faster payments, the higher education and public school system is one such space that remains mired in outdated payment processing methods. Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open. Smart FinTechs, however, are seeing opportunities in the education space.

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The Trends Driving Retail Into The New Decade

PYMNTS

Change came from various areas for retail in 2019. Retail merchandising was, at best, a hit-or-miss system in its heyday, Nextail CEO and Co-Founder Joaquin Villalba told PYMNTS in a recent conversation. Analytics, too, was another hot spot for retail change in 2019 and will continue to be for the 2020s. Role of Data.

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TRENDING: Real-Time Payments Networks — For Real In Retail?

PYMNTS

These range from a new software tool intended to help banks offer Real-Time Payment services, to the Federal Reserve’s proposal to adopt a messaging standard that enables easier interactions between its real-time gross settlement system and other payment systems. Meanwhile, Africa saw a regional payments system gain new momentum.

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What Hong Kong’s New Faster Payment System Means

PYMNTS

Small retailers want to keep their cash flow moving by receiving consumer payments quickly, while large corporations need improved data and visibility to ensure their B2B transactions arrive on schedule. After two decades of tweaking and updating its existing Real-Time Gross Settlement (RTGS) system, Hong Kong determined it needed a new rail.

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What We Learned From Cyber Week 2020

Perficient

Here are some reasons why retailers were so successful this past holiday shopping period: Preparation at its Finest. Enabling inventory visibility and optimization, and scaling across fulfillment centers helped these retailers to address the surge in online demand and scale appropriately to enhance system performance.

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