Atlanta Fed warns recovery could stall, US online grocery sales hit record high, What’s behind Square’s stock price surge? | | General Atlanticâs Dr. Jud Linville On FinTechs, Credit And Whatâs Ahead For Banks The digital transformation of financial services that began well before the pandemic has only accelerated in recent months. But Dr. Jud Linville, senior adviser at growth equity firm General Atlantic, tells Karen Webster that banks must learn to become agile despite the current unknowns and possible consumer credit crunch. He says thatâs the only way they can a find a competitive advantage against nimble FinTechs. |
Visa On The Changing Needs Of Merchants At The (Digital) Checkout Merchantsâ payments needs have changed dramatically due to the pandemic, but digitizing their payments operations can be a struggle. Josh Park, Visaâs vice president for acquiring partner relationships, tells PYMNTS how the right tech providers and partnerships can end up being make or break. |
What Merchants Should And Shouldnât Outsource The spike in online volume means that many merchants now face critical decisions on what part of their eCommerce workflows to keep in-house or outsource. Sticky.io Chief Technology Officer Clark Huang tells PYMNTS that outsourcing some back-end solutions, like payments integration, are good candidates for the 'should' list. Hereâs why. |
From Why To How Fast: Getting Contactless Payments Up To Speed In Public Transportation COVID-19 is derailing public transportation the world over, but Fernando Souza, vice president at payments platform CyberSource tells PYMNTS it’s also creating a huge push toward replacing cash and paper tickets with contactless payments. The conversations with transportation systems are no longer about 'why' but 'how fast.' Here’s what it takes to answer that question. |
What’s Behind Square’s Stock Price Surge? Square’s stock price has more than doubled in recent months, taking the company’s market cap to near that of large legacy banks. Beyond a booming digital-payments business, Square is ramping up capital lending and activity related to stimulus payments. Here’s why investors like what they see. |
| Smarter Payments Tracker™ | New Report: How FinTechs Help Brazilian SMBs Solve Cross-Border Payments Pains Lockdown measures have Brazilian SMBs eager to generate revenue in the U.S. market. That often means routing transactions through four different banks and waiting two days for funds to settle â that is, if the transaction doesnât get declined, says Alexandre Liuzzi, co-founder of Brazilian FinTech BeeTech. In this monthâs Smarter Payments Tracker, Liuzzi discusses how digital onboarding and banking application programming interfaces (APIs) can give these SMBs the certainty and confidence to expand operations overseas and make sales. | | |
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