On the heels of its next fundraise, cross-border payments upstart Payoneer acquires optile
TechCrunch As the world of digital payments continues to wait and see what kind of impact cryptocurrencies will have on the wider market (if any), consolidation continues apace among those that have built tools for »
ECB Says It May Need Its Own Digital Euro If Payments Drive Fails
Bloomberg The European Central Bank is willing to develop its own digital currency if the private sector can’t make cross-border payments faster and cheaper. In a recently published paper, the ECB argues that technological innovation is quickly »
Juniper sees biometrics to secure $2.5 trillion in mobile payments by 2024
Mobile Payments Today Biometric authentication will be used to secure $2.5 trillion in mobile payment transactions by 2024, a tenfold increase from the $228 million forecast for 2019, according to a new report from Juniper »
Cyber Week Mania
Do you have extra research dollars to spend before the end of the year? The Strawhecker Group (TSG) has you covered with its Cyber Week savings. eReport Savings – Save 25% with Code CYBER25 From surcharging to »
India’s financial services firm Paytm raises $1B
TechCrunch Paytm said it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. »
Elavon Makes Acquisition | Bitcoin Plummets | Macy’s Hacked
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What PayPal’s Acquisition of Honey Means for Its E-Commerce Plans
Observer PayPal recently announced its acquisition of online price comparison tool Honey for $4 billion, making the buy its biggest ever. In the announcement, the company said it hopes the merger will “transform the shopping experience for »
Citi Helps Clients Collect Cross-Border B2B Payments with a New Platform, Citi® Global Collect
Digital Transactions Citi has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities. Citi® Global Collect, »
How To Keep a Pulse on the Payment Gateway Market
Payment gateways are often the linchpin in successful transaction processing and can make or break a transaction due to things like slow or variable performance, low uptime and low authorization rates. Additional factors such as »
Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M
TechCrunch E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Elavon, the payments company that is a »
Are You Ready for 2020?
It’s almost the end of the year. Have you hit your 2019 goals? What objectives are you focused on in 2020? Do you have support for your new strategic initiatives? As the leading global payment »
U.S. Holiday Sales Could Top $1 Trillion, With Mobile Payments Growing 32%
Digital Transactions Research firm eMarketer Inc. forecasted that 2019 U.S. holiday sales will surpass $1 trillion in value for the first time. Cyber Monday, the Monday following Thanksgiving, is expected to be the biggest online »
Rapyd unveils Singapore platform to help firms go cashless
Finextra Rapyd, a global Fintech-as-a-Service company, announced its partnership with key players of Singapore’s payments ecosystem to provide a single “Singapore Platform” to enable businesses to go “cashless”, in line with the country’s vision of »
GoCardless partners with TransferWise to bring low-cost currency conversion to recurring payments
TechCrunch GoCardless, the London fintech that makes it easy for businesses to offer recurring bank payments, has partnered with TransferWise for its currency exchange. The move sees GoCardless utilize the TransferWise API and the money transfer company’s “TransferWise for »
TSG in Newsday: Small Business: Keeping up-to-date with payment options
The payment landscape is evolving, and small businesses need to keep up if they want to capture the most sales. A recent report found that the number of consumers choosing to pay with digital wallets »
Now Available: The Ins And Outs Of Merchant Pricing
Featuring Guest Author Poonam Nath, an experience pricing strategist, The Strawhecker Group (TSG) has released its newest eReport titled The Ins and Outs of Merchant Pricing. This eReport provides a fundamental understanding of a traditional pricing model and how »
The Next Big Thing in Payments: Africa
By Mark Waring, Senior Associate at TSG Where will the next great leap in mobile payments and commerce appear? I believe that Africa will surpass Asia as the next hotbed of fintech and payments innovation. »
