PYMNTS

SEPTEMBER 21, 2020

Artificial intelligence (AI) can improve the eCommerce experience – not just in terms of warding off fraud, but also in making sure payments can be processed efficiently and that the most effective payment gateways are accessed. Merchants, quite logically, want to keep transaction conversion rates high.

eCommerce 124

eCommerce Currencies Securities Leverage 124

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. In the first half of 2016, 7.8

Currencies 44

Currencies eCommerce Technology Startups 44

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

JANUARY 19, 2021

Western Union enables cross-currency, cross-border transfers in 200 countries and territories. Customers can receive funds in cash or have them transferred directly into a designated bank account. Walmart has about 11,400 stores under 55 banners in 26 countries and eCommerce websites, according to the release. and abroad.

Healthcare 87

Healthcare Currencies Retail eCommerce 87

PYMNTS

MAY 22, 2018

For example, the rocky launch of the eCommerce chatbot over the last year has proven this problem. Peeks was born about six months ago as a live-streaming platform that gives users — with the app download and quick set up — access to an eCommerce-enabled live-streaming platform. Making It Better With Money. Why It Works.

eCommerce 47

eCommerce Advertising Currencies Sales 47

PYMNTS

DECEMBER 4, 2020

The offering works with Citigroup, Goldman Sachs, Barclays and other financial institutions, and includes offering debit cards and bank accounts. FedEx Makes Major Foray Into eCommerce By Buying ShopRunner. FedEx has acquired ShopRunner, an eCommerce platform that provides access to shopping and two-day delivery to over 100 brands.

Currencies 60

Currencies eCommerce Treasury Retail 60

PYMNTS

SEPTEMBER 11, 2020

Mastercard Leads New Central Bank Digital Currency Test Platform. Mastercard has unveiled a new Central Bank Digital Currency (CBDC) test platform. The redesigned app was created to meet expectations of shoppers as they move from shopping in stores to eCommerce. Trackers and Reports.

Currencies 56

Currencies Numbers Communication Banking 56

PYMNTS

NOVEMBER 2, 2018

1) — and trained a spotlight on the lures of eCommerce done cross-border. Looking at the largest business segment known as consumer-to-consumer (C2C), which is 80 percent of the company’s top line, revenues were up 2 percent on a constant currency basis, outpaced by transaction growth of 4 percent. billion were just shy of the $1.42

Currencies 74

Currencies CFO B2B eCommerce 74

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. Even more damaging, they can break into shoppers’ accounts and steal card numbers, rewards, digital currency and personal data.

Currencies 52

Currencies Retail eCommerce Accounting 52

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To them, transferring $10 from one account to another appears fairly simple.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

CFO News Room

DECEMBER 13, 2022

Plus, the current rise in interest rates has made it worthwhile to have some money in savings accounts again. High-Yield Savings Accounts . If you have $15,000 to invest but plan to use the cash in the next few years, a high-yield savings account could be the way to go. Open a Brokerage Account .

Investments 130

Investments Accounting Finance Planning 130

PYMNTS

SEPTEMBER 18, 2019

For third-party marketplaces, that means supporting transactions in local currencies and through the local payment methods that both buyers and sellers prefer. These marketplaces are also tasked with making sure that they’re protecting both sides of the platform from fraudsters, who are coming prepared with a number of schemes.

eCommerce 50

eCommerce Currencies Accounting Retail 50

PYMNTS

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. Even more damaging, they can break into shoppers’ accounts and steal card numbers, rewards, digital currency and personal data.

Currencies 43

Currencies Retail eCommerce Accounting 43

PYMNTS

DECEMBER 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. As has been profiled in this space previously, virtual IBANs serve as reference numbers issued by banks. Platforms and single access points help bridge the gap between traditional banks and eCommerce.

Numbers 115

Numbers Accounting Banking Currencies 115

PYMNTS

NOVEMBER 22, 2019

While money cannot be taken from the Steam accounts, it appears that a secondary market took shape, as other sites featured “loaded” cards for sale — by the fraudsters for real money. The goal for the bad guys is to monetize the trading and funding, either by draining bank accounts or by selling the assets that have been compromised.

Advertising 70

Advertising Financial Data Currencies Accounting 70

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Plus, blockchain makes new inroads in the B2B arena. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Reconciliations Risk Management Compliance 104

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

JANUARY 15, 2018

In the January PYMNTS.com B2B API Tracker , powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global. million: the value of investments for B2B eCommerce companies in 2017 , a seven-year high, according to reports.

B2B 77

B2B B2C eCommerce Currencies 77

PYMNTS

NOVEMBER 19, 2020

Mobile apps are proving more important than ever in facilitating domestic sales between businesses and consumers in the nation, according to Karthik Raghupathy , head of business development and strategy at eCommerce payment system and digital wallet provider PhonePe. Merchants are also finding that they need to get online, he added.

eCommerce 63

eCommerce Currencies Leverage Retail 63

PYMNTS

SEPTEMBER 20, 2018

Today’s coverage includes the latest about eCommerce and payments in India, where big players are increasingly competing for revenue and the loyalty of the middle class. Customers can receive an instant credit line, then have the option to pay for products they buy on the eCommerce site later in month, or through easy monthly installments.

eCommerce 46

eCommerce Currencies Banking Sales 46

PYMNTS

JUNE 14, 2019

“We’re excited to be working on this project with Opporty, and to move forward on a number of other ambitious projects with them as well.”. However, the company claims Amazon processes upwards of 300 transactions each second — “typically making it incompatible with the digital currency.”

Technology 43

Technology Currencies Invoicing B2B 43

PYMNTS

NOVEMBER 2, 2018

Western Union processes an average of 32 transactions every second on its platform and moved $300 billion across 130 currencies in 2017, and Ersek said it is more than capable of handling Amazon volume. . “W The main draws, according to Forrester, are choice, quality and cost for consumers to shop online from overseas. percent per year.

B2B 49

B2B Foreign Exchange eCommerce Currencies 49

PYMNTS

NOVEMBER 4, 2019

International eCommerce can cause problems, as can transacting with emerging markets, which are adopting card and digital payments that create fresh targets for fraudsters. Fraud prevention (60 percent) tied with currency and payment processing (60 percent) as the top challenges preventing retailers from selling goods online cross-border.

Retail 49

Retail eCommerce B2B Currencies 49

PYMNTS

JANUARY 7, 2019

India is clearly one of the world’s largest battlegrounds when it comes to eCommerce and new payment methods, especially given that authorities there are trying to make the population less reliant on cash. In fact, up to 70 percent of eCommerce transactions in India use the cash on delivery payment method, according to Statista.com.

eCommerce 76

eCommerce Sales Currencies Marketing 76

PYMNTS

MARCH 1, 2019

But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider. GoExpedi provides companies in the oil and gas drilling industry with a B2B eCommerce platform through which they can procure complex parts and supplies for maintenance, repair and operations (MRO) needs.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

MARCH 6, 2018

Perhaps it’s not surprising, given the number of consumers who have invited Amazon’s virtual assistant Alexa into their homes, but more than half of Amazon users said they would consider using an Amazon-built cryptocurrency around the site – and Amazon Prime members were even more eager, with 58.27 percent in favor and only 21.9 Mastercard.

Currencies 47

Currencies Leverage eCommerce Compliance 47

PYMNTS

MAY 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. A lot of innovation has focused on accounts receivable for businesses on marketplace platforms with a global reach. Forex – Currency Exchange.

Accounts Payable 40

Accounts Payable Currencies Compliance Accounting 40

PYMNTS

OCTOBER 30, 2018

In terms of headline numbers, Mastercard’s revenues of $3.9 percent year on year, edged analysts’ estimates slightly, though management noted that revenue on a currency-neutral basis, and excluding items, was up 17 percent. billion, up 18 percent on a currency-neutral basis. and beyond. billion, up more than 14.7 Earnings of $1.82

B2B 71

B2B Currencies Economics Compliance 71

PYMNTS

FEBRUARY 19, 2018

You could call accounts payable (AP) the last mile of payments in a way. And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. All of these changes make [these] processes so much harder.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

DECEMBER 11, 2017

Today, that fuels a $23 billion USD eCommerce market: roughly 8 percent of all retail spending. Amazon has long been recognized as a pioneer in the world of eCommerce usability,” said Simon Banks, Hyperwallet’s Asia Pacific managing director, in a press release.

Foreign Exchange 42

Foreign Exchange Currencies Problem Solving eCommerce 42

PYMNTS

NOVEMBER 7, 2019

More than 25 percent of Brazilians lack bank accounts, and only 20 percent carry credit cards that can be used for international purchases. Other consumers’ cards only transact in the domestic currency, requiring overseas businesses to find local partners to enable payment acceptance. The Challenges of Providing Boleto Bancário.

Advertising 40

Advertising Invoicing Currencies Accounting 40

PYMNTS

APRIL 6, 2018

The proliferation of eCommerce makes it difficult to believe that any business would be operating without a website in today’s market. Separate estimates from PipeCandy pinpointed the number of eCommerce companies around the world at between 2 million and 3 million — and that’s excluding the massive eCommerce market of China.

B2B 40

B2B Invoicing eCommerce Finance 40

PYMNTS

NOVEMBER 28, 2017

A merchant can request to have all its tokens refreshed to make sure it has a clean bill of eCommerce health and negate any impact of fraud that could come after that breach. The static process takes into account that speed is important. That is done in the payments space through cryptograms, including a transaction sequence number. “I

eCommerce 45

eCommerce Securities Currencies Numbers 45

PYMNTS

NOVEMBER 14, 2019

million) were underbanked, meaning the household had a checking or savings account but turned outside of the banking system for other financial services. Last month, global payments firm Ingenico Group launched a suite of payment methods to help eCommerce firms operating in China. According to an FDIC study , 6.5 percent of U.S.

Currencies 49

Currencies eCommerce Numbers Accounting 49

PYMNTS

AUGUST 23, 2019

That technology is backward compatible with multiple types of scanners, he said, and barcode scan brings the payments account or primary number into the merchants’ point of sale system. dollars (or Canadian currency). “We

Currencies 78

Currencies Technology Sales Banking 78

PYMNTS

AUGUST 5, 2016

Any Mastercard debit cardholder can soon send money to any other person with a bank account in any bank across the U.S. – all 14k of them – and have that money deposited into that receiver’s bank account instantly. The culprit is said to be the use of the BitGo wallet and the structure of the bitcoin accounts itself.

Profit and Loss 43

Profit and Loss Currencies Accounting Securities 43