Ant Financial's global mobile strategy, Currencycloud’s Verdon says goodbye, and BBVA makes first instant cross-border payments.
| | | | BUSINESS TO BUSINESS EDITION | | Why Omnichannel Still Trips Up B2B eCommerce
Digital commerce continues its omnichannel expansion as buyers â corporate and consumer â make purchases via web, mobile and other portals. Itâs creating a disconnect within the supply chain across buyers, suppliers sand merchants, finds 1WorldSync in a new survey. Global Omnichannel Lead Nick Manzo tells PYMNTS that sellers stand to lose millions of dollars because of ineffective cross-channel strategies â hereâs what they need to do about it.
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| SME Lending Activity: China Spikes, U.S. Banks Reboot
Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. banks are rebooting their efforts to capture SMEs from their alternative rivals. The U.K. and Canada, meanwhile, see their small businesses struggling to find financing. We break down the latest on SME lending in these key markets.
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| | Mobile Payments | | Ant Financial's Great Mobile Payments Race
Money certainly seems to be burning a hole in Alibabaâs and Ant Financial's pockets as theyâve dumped billions of dollars into a variety of mobile payments schemes in the last two years. Its assets across Southeast Asia and the U.S. (should the MoneyGram acquisition be approved) build on the 450 million consumer cornerstone called Alipay already inside China. But Karen Webster said that the real test of their mettle will be waged in India â as they and the global card networks duke it out for the top spot in this critically important economy. And where Antâs success will hinge on a few very important things. Read More... |
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