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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

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. In commerce and in the great pivot away from cash, challenges remain — tied to acceptance.

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B2B Fraudsters Find New Twists In Old Scam Favorites

PYMNTS

This week’s B2B Fraud Tracker looks at the latest cases and allegations of fraud, which show rising sophistication in fraudsters’ tactics: internal bad actors are no longer acting alone, BEC scams are no longer reliant on chance and financial institutions face a growing trend in loan fraud. Mixing Internal and Internal Fraud.

B2B 62
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SMBs Explore Financing Options For Their Digital Transformations

PYMNTS

In other scenarios, an SMB may be overwhelmed with a plethora of loan products, each designed for different purposes with unique requirements and costs. But the price tag is rarely painless. When cash flow is tight, enabling an SMB to pay over time for high-value equipment can be the difference between a sale and a lost customer.

Finance 67
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Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

Goldman, for its part, may see impact from loan losses should the economy falter, according to Nomura on CNBC. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away. For now, no big splash seems in the offing, especially for the tech giant.

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Amid CVC/Blackstone Paysafe Bid, Paysafe Makes Its Own Acquisitive Moves

PYMNTS

The price tags attached to the deals were reported as $3.7 The trend in which strategic intent spurs financial firms to bridge the gap between cash-based and digital payments seems to be a growing one. The $470 million price tag will be funded by $90 million in cash and a $380 million loan.

Sales 43
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The Dollars And Cents Of SME Finance

PYMNTS

The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. 144 million in SME loans originated through Bizf i in Q2 , the company announced last week. But it may be more effective to actually show how much money can be saved.

Finance 40
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The Real-Time Payments Receivables Conundrum

PYMNTS

For example, businesses are paying insurance claims to consumers and loan proceeds to borrowers in real time – and banks and FinTechs are enabling payments between people in real time. Cash flow may be king, but as that wise cartoon sage, The Wizard of ID , told us in 1964, “ he who has the gold makes the rules.”.

B2B 61