Visa takes mobile wallets x-border in Africa, Token launches digital money rail, Walmart tries robots for delivery

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December 11, 2019

B2B Payments

The Architecture Of A Cross-Border B2B Payment

Businesses receiving B2B payments from buyers across borders have traditionally faced no shortage of challenges. But, Citi’s Global Head of Payments and Receivables Manish Kohli tells Karen Webster that viewing a cross-border transaction as two domestic payments with foreign exchange (FX) in between — and exploring solutions from the supplier’s point of view — can raise the bar for smoother B2B payments flows around the world.

 

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P2P Lending

Why P2P Could Soon Play A Leading Role In Middle East FinTech

New forms of lending such as peer-to-peer (P2P) enabled loans to businesses are catching fire, even as regulators start to push back on some offerings. At the same time, FinTech continues to play a bigger role in regions like the Middle East. Craig Moore, CEO of UAE-based business financing platform Beehive, tells PYMNTS how the two trends are converging and what could come next.

 

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Alt Lending

Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why

A decade ago California’s independent truckers faced high retrofitting or replacement costs to get their big rigs in line with California’s stringent emissions standards — with no good ways to pay for them. It’s why theOpportunity Fund began offering loans to truckers — something that has not only kept thousands of truckers in business, its CEO Luz Urrutia tells PYMNTS, but also cleaned the air and created $450 million in downstream economic benefits. Here’s how.

 

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Contactless Payments

Will Contactless Move Credit Union Cards Top Of Wallet?

Credit unions will issue hundreds of thousands of contactless cards next year, on top of the millions of new cards already in the field. Jeremiah Lotz, PSCU’s managing vice president of digital experience and payment products, tells PYMNTS that adoption will gain critical mass as credit union members are already comfortable paying with plastic — and help move their contactless cards to the "top of wallet."

 

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The Platform Economy Playbook™

AI’s Place In The $50B RV Market

Sharing platforms in the $50 billion RV market are just the latest example of a sharing economy marketplace trying to grapple with fraudulent listings while keeping the consumer trust. In the latest Payments And The Platform Economy Playbook, Colin Gardiner, chief revenue officer of RV marketplace Outdoorsy, discusses how artificial intelligence (AI) is helping it keep ahead, by investing in trust as it expands its presence in a sharing economy with increasing regulation.

 

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What's Hot


Visa, MFS Africa Team To Take Mobile Wallets Cross-Border


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ECB President Touts Benefits Of Central Banks Launching Crypto


Token’s M10 Networks Launches ‘Bank-Grade’ Digital Money Rail


Google Bolsters Healthcare Cred With Chief Medical Officer Hire


Nike Patents ‘CryptoKicks’ Blockchain Shoes


Amex Says Race For Rewards Dominance Is Slowing


Walmart Launches Robotic Delivery Pilot


Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable


Bitcoin Daily: BitPay Announces Stablecoin Payment Support, Amun Allowed To Provide Crypto-ETPs

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