JPMorgan plans U.K. digital bank rollout, Apple earnings show connected economy power, Walmart doubles down on local fulfillment

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

January 28, 2021

Remittances

Western Union: Emerging Market GDP, Innovation Depend On Remittances

A new report contends that remittances do more to stimulate economic growth in emerging markets than foreign investments — to the tune of 40 percent of every dollar. Raj Agrawal executive vice president and chief financial officer of Western Union told Karen Webster that the “remittance effect” can drive significant gains for those markets and fuel innovation that serves these global citizens.

 

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Digital Fundraising

The Digital Payments Key To Keeping Donors In A Charitable Mood

Nonprofits are making the digital shift, but clunky payment experiences can cause donors to bail on their contributions, warns Todd Baylis, president of fundraising software solutions provider Qgiv. In the Navigating Nonprofits' Digital Payments Shift Report, Baylis explains how digital payments are keeping donors in a charitable mood.

 

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Cross-Border Cards

Cloud Speeds Cross-Border Card Issuance For Visa and TransferWise

A new partnership between the two companies marks an opportunity to deploy and expand TransferWise’s multi-currency debit cards and the first use of Visa Cloud Connect. Terry Angelos, senior vice president and global head of FinTech at Visa and Venkatesh Saha, head of expansion (Middle East and APAC) at TransferWise, told PYMNTS that card issuance can be done more easily through the scale and reach of cloud technology.

 

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Convenience Stores

ACI: Fuel Sales Add Fire To C-Store Digital-First Efforts

Low margins on fuel prompt convenience stores to find new ways to move commerce from simply getting gas to filling the proverbial basket. As Bobby Koscheski, head of omnicommerce, fuel and convenience store solutions at ACI Worldwide, told PYMNTS, fuel is an important element in the omnichannel efforts that can boost the bottom line. 

 

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Gen-Z Consumers

Bye Bye Bougie: Curtsy Offers Closet Strategies For Gen-Z

In the words of co-founder David Oates, Gen Z has become the demo for whom thrifting is a hobby. As Oates told PYMNTS, he’s hoping his company can help those younger consumers take a different view of their closet and outfit management.

 

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Online Security And The Debit-Credit Divide Report

New Data: Twice As Many Online Shoppers Believe Credit Cards Are More Secure Than Debit Cards

Consumers are more likely to use credit than debit to pay online and there’s a compelling reason why: They are twice as likely to believe that debit cards expose them to online payment risks than credit cards. In the Online Security And The Debit-Credit Divide Report, PYMNTS surveyed 2,500 U.S. consumers to understand the key factors — including security — that are driving payment preferences amid the digital shift.

 

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What's Hot


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