PYMNTS

FEBRUARY 5, 2020

billion to the Chinese travel ban and Visa plans the biggest interchange fee revamp in a decade. Former BoF Gov: Central Bank Coin Currency At Least A Decade Away. Privacy and monetary policy issues are causing regulators to tread carefully in launching electronic currencies. economy could lose $10.3 economy $10.3

Currencies 52

Currencies Banking Restructuring B2B 52

PYMNTS

AUGUST 29, 2018

The currency decline continues: The Swedish krona fell Wednesday (Aug. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention to the benefits of currency hedging among commerce and payments businesses. Such lows were last seen in 2009.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

PYMNTS

MAY 17, 2018

Square CEO Jack Dorsey has an idea about digital currency, PayPal might make a big move, and smart fridges are becoming tastier options for consumers. Grocery And eCommerce Push Walmart’s Earnings Win. Jack Dorsey Advocates Internet Currency. Square CEO Jack Dorsey thinks that the internet deserves a “native currency.”

eCommerce 43

eCommerce Currencies Valuation Retail 43

PYMNTS

JUNE 5, 2017

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said.

Currencies 40

Currencies Banking Startups eCommerce 40

PYMNTS

MAY 22, 2020

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating a free trade zone for eCommerce. Dubai Creating $870M Free Trading Zone For eCommerce. Comptroller of the Currency Joseph Otting will step down from his post on May 29.

eCommerce 52

eCommerce Forecasting Economics Currencies 52

PYMNTS

FEBRUARY 6, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.

Currencies 52

Currencies B2B Retail Banking 52

PYMNTS

NOVEMBER 12, 2019

China is making privacy allowances for digital currency , which faces a new foe in the U.S. Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies. 12) that central banks have no reason to issue digital currency. 12) that central banks have no reason to issue digital currency. Former U.S.

Currencies 40

Currencies Leverage Technology Banking 40

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 Regulation.

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

SEPTEMBER 3, 2019

Even with a shift toward eCommerce sales, LEGO plans to bring 35 additional stores to China by the close of 2019. Sales increased 2 percent in local currencies. The move would take the total to over 140 in that country and almost 600 around the world, Reuters reported. The company said that sales increased 4 percent to $2.2

Planning 53

Planning Currencies Sales eCommerce 53

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 66

Banking Securities Currencies eCommerce 66

PYMNTS

DECEMBER 27, 2018

The project says that its technology can enable merchants to take payments through digital currency and make “their altcoin of choice as the base currency denomination.” Still, the company plans to roll out a CHIMP Academy to help owners of small businesses make their own storefronts for digital currency eCommerce.

Currencies 57

Currencies eCommerce Accounting Technology 57

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 58

Banking Securities Currencies eCommerce 58

PYMNTS

SEPTEMBER 3, 2018

Japanese eCommerce company Rakuten is planning to acquire the cryptocurrency exchange service called everybody’s bitcoin Inc., according to an announcement. The deal could happen through a stock purchase agreement between Rakuten subsidiary Rakuten Card Co., and everybody’s bitcoin parent company Traders Investment, Inc.

Planning 41

Planning Currencies Banking eCommerce 41

PYMNTS

JUNE 14, 2019

In Facebook ’s reported latest move to roll out a digital currency next year, the social media company has recruited a banking lobbyist: Standard Chartered veteran executive Ed Bowles is said to become the social media network’s director of foreign policy based in London, The Telegraph reported. Bitcoin’s price was $8,445.61 as of 11:40 a.m.

Banking 49

Banking Currencies eCommerce Investments 49

PYMNTS

MAY 20, 2016

Less positive — even from Walmart’s executive team’s point of views — was the growth over in eCommerce, which notched in at 7 percent. eCommerce Is “Too Slow” . “Globally, on a constant currency basis, eCommerce sales and GMV grew 7 percent and 7.5 percent, respectively.

eCommerce 40

eCommerce Retail Sales Construction 40

PYMNTS

DECEMBER 4, 2020

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. The acquisition pushes the delivery firm into the center of the explosively growing eCommerce ecosystem. Top Trackers And Reports.

Currencies 60

Currencies eCommerce Retail Treasury 60

PYMNTS

DECEMBER 7, 2020

Revolut Business clients harnessing paid plans will get monthly allowances for complimentary EEA and U.K. eCommerce Site JD.com Now Takes Digital Yuan. Those who live in Suzhou were provided with complimentary digital yuan, and JD Digits announced it would take the currency for some transactions. The product will have a 1.3

Prioritization 52

Prioritization eCommerce Currencies Investments 52

PYMNTS

JULY 29, 2020

He said that includes the addition of direct deposit, an increase in businesses taking payments through the platform and the planned launch of a Venmo card later this year. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”.

Forecasting 84

Forecasting Currencies Entertainment eCommerce 84

PYMNTS

JUNE 6, 2019

Facebook is set to announce its cryptocurrency later this month, and will reportedly even allow the project’s employees to get paid in the new currency. According to The Information , Facebook is also planning to launch physical ATM-like machines, where users can purchase the currency.

Currencies 68

Currencies CFO Investments eCommerce 68

PYMNTS

MARCH 6, 2020

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. eCommerce May Save Fashion Week Events in 2020. Libra’s Stumbles, Coronavirus Gains Show Pitfalls of a ‘Global’ Currency.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

PYMNTS

JANUARY 15, 2021

In this week's news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. Digital game platform operator Roblox plans to go public on the New York Stock Exchange next month by a direct listing.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

FEBRUARY 21, 2020

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin. MaxWholesale. CybelAngel.

B2B 72

B2B Startups eCommerce Investments 72

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. Necessary Planning. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

The Finance Weekly

NOVEMBER 8, 2022

The second option provides better priced plans and/or caters to different target audiences to ensure there will be a good option for any size or type of business. And if companies are using more advanced plans or adding payroll options (additional $5-10/month per employee), the monthly fees can add up. Pros: • Live customer support.

Financial Planning and Analysis (FP&A) 98

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

PYMNTS

AUGUST 21, 2020

Instructors want fast payment in local currencies, and students want to use their preferred payment methods as well as home currencies. Census Says eCommerce Sales Grew 44 Pct YOY – Why It Could Be Even More Than That. Census Bureau reported that eCommerce sales for Q2 were $200.7 eCommerce sales were up 44.4

Finance 63

Finance B2B Currencies eCommerce 63

PYMNTS

NOVEMBER 12, 2018

In Chinese currency, gross merchandise value (GMV) totaled 213.5 The Chinese eCommerce retailer had been billing this year’s occasion as “the largest-ever in terms of scale and reach.”. This year, the eCommerce retailer plans to kick off the event by offering a half a million items for preorder through Tmall.

Sales 63

Sales eCommerce Retail Currencies 63

PYMNTS

JUNE 23, 2019

BIS said that the social media firm’s recent announcement that it aims to roll out its Libra digital currency and grow into payments has focused the minds of central bankers as well as regulators, Reuters reported. It reportedly examined the voluminous amount of information that search engines, eCommerce and social media companies hold.

Currencies 56

Currencies Finance Banking eCommerce 56

PYMNTS

FEBRUARY 8, 2018

7) said Ripple announced a partnership with LianLian International, a Hong Kong-based, cross-border payments company, that plans to use Ripple’s xCurrent enterprise blockchain tool to process real-time payments coming into China. Cross-border payments related to China’s eCommerce market reached $1.07

B2B 77

B2B Invoicing eCommerce Currencies 77

PYMNTS

NOVEMBER 4, 2016

Meanwhile, in China, Bitmain announced plans to open a new mining center, according to CryptoCoinsNews. ” CryptoCoinsNews also reported that a digital currency pyramid scheme in Vietnam led the government to, once again, warn against its citizens using bitcoin. Note the use of the word “reputation.”

Currencies 76

Currencies Securities Planning eCommerce 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. Cequence plans to use the funding to focus on market expansion and further innovations of its platform, which links businesses with software to safeguard enterprise apps. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

OCTOBER 2, 2019

In a statement, Gert Sylvest, Tradeshift co-founder and GM of the firm’s digital incubation unit Tradeshift Frontiers, said the transaction demonstrates the potential for compliant eMoney (digital fiat currency) to gain traction in B2B payments. “Smart contracts have may use cases.

Invoicing 46

Invoicing B2B Currencies eCommerce 46

PYMNTS

JANUARY 23, 2020

It is expected to speed delivery by one or two days to meet the rapid acceleration of eCommerce. A Wells Fargo regulator is planning a civil suit against 10 former company executives for their roles in its retail banking scandals. Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud.

eCommerce 52

eCommerce Economics Currencies Leverage 52

PYMNTS

MARCH 18, 2019

Fidelity Information Services ( FIS ), a global financial services technology company, announced Monday (March 18) it is merging with Worldpay , the global eCommerce and payments company, in a roughly $35 billion dollar deal. In a press release , FIS said the deal expands its capabilities by enhancing its acquiring and payment offerings.

eCommerce 94

eCommerce Currencies Banking Marketing 94

PYMNTS

NOVEMBER 4, 2020

Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. Permissioned blockchains like Liink are more readily scalable to expand and include large eCommerce companies or even enterprise resource planning (ERP) platforms.

Healthcare 131

Healthcare Compliance Currencies Banking 131

PYMNTS

MARCH 6, 2018

Here’s what some of the biggest names in payments and commerce are planning with this burgeoning technology. America’s eCommerce giant is reportedly playing with blockchain via its cloud computing arm, Amazon Web Services (AWS) , with a focus on health care, financial services, supply chain management, and security and compliance.

Currencies 47

Currencies eCommerce Leverage Compliance 47

PYMNTS

MAY 6, 2019

The news last Friday that Facebook has plans to launch its own global crypto-based payments rails is déjà vu all over again. Credits was a virtual currency and payments platform used to power in-app purchases on Facebook. Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits.

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

JUNE 20, 2019

The business model of offering the digital wallet Calibra to back Libra, and tie it all to real assets (along with the Libra Association), shone the spotlight on crypto’s role in eCommerce. Under the terms of that agreement, MoneyGram will use the digital currency as part of day-to-day operations.

Currencies 76

Currencies Retail eCommerce Accounting 76