Dunkin’ supports Alexa voice ordering, Chip cards cut counterfeit fraud by 75 percent, EU finance ministers eye crypto regs

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 30, 2018

Digital Payments

Digital Payments In Africa Gain Steam

The latest sign of promise comes via an $8 million investment in Nigeria-based Paystack, backed by some of the biggest names in payments. In a new PYMNTS interview, Paystack CEO Shola Akinlade talks about the challenges of improving payments in his home country, including those related to infrastructure and connectivity. The transaction volumes are there — but what will it take to move more of those payments online? And what competitive pressures do digital payment companies face?

 

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Grocery Delivery

Farm To Table Service, Milk And Eggs, Tills For Online Grocery Niche

Milk and Eggs CEO Kenneth Wu sees a niche in avoiding the store-focused online grocery delivery model and betting [on] the farm — in a way. A ‘flattened’ model, sans traditional warehousing, gets produce to the customer hours after being plucked from the ground. The CEO tells PYMNTS that just in time, supply chains are filling a niche, which helps the firm stand out from an increasingly crowded delivery space.

 

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Payment Methods

How mPOS Helped EU’s SMBs Jump The Shark On Cash

For a long time across Europe, jumping to card and other digital payment methods just didn’t make sense for small businesses, as Andrew Byrne, COO at myPOS, told Karen Webster. So, they stuck with cash — until this year, when cash is no longer king. Here’s how Bryne says mPOS helped those SMBs jump the shark on cash.

 

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Smarter Payments Tracker™

NEW REPORT: Citi On The Need For X-Border Payments Speed

Making payments move faster cross border is something of an old refrain. But Manish Kohli, Citi’s Treasury and Trade Solutions head, says speed is only as good as the interoperable, ubiquitous rails that exist to move money and data on a global scale. In the latest Smarter Payments Tracker™, Kohli tells PYMNTS about the importance of standards and security in achieving that goal.

 

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Best of Yesterday 


NEW REPORT: New Rules For Effectively Managing FX Risks And Payments


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