In recent months, the payment industry has faced significant transformations, marked by notable leadership changes at three prominent companies: PayPal, American Express (Amex), and Wells Fargo. These shifts occur amid the rapid advancement of consumer payment methods, as businesses strive to adapt
Acquiring a business bank loan can be a pivotal decision for any business owner. Understanding the intricacies of business bank loans, including their benefits, drawbacks, and how they compare to alternative funding methods, is crucial. This knowledge allows business owners to make informed
TransferMate, an Irish business-to-business payments company, has been named a payment service provider for Amazon. This development comes as a boon for Amazon sellers who now have the advantage of receiving their sales disbursements in their preferred currency, significantly enhancing their
Worldpay, a global payment processing company, is leveraging advanced data-sharing techniques and artificial intelligence (AI) tools to effectively combat fraud. Following its acquisition by Chicago private equity firm GTCR, Worldpay has been channeling a portion of its $1.25 billion growth capital
In today's evolving financial landscape, consumers are increasingly turning to Buy Now, Pay Later (BNPL) services as they search for safer and more affordable financing options. BNPL financing has experienced notable growth and acceptance despite some criticisms, with many pointing to its
HSBC has recently decided to close down its international payments app, Zing, which was launched just a year ago. This decision is part of a broader strategy to simplify operations and focus on areas where the bank holds a clear competitive advantage. Unveiled in January 2024, Zing was introduced
