SMEs: Analyzing 2023 and what to expect in 2024 January 3, 2024 We start 2024 reflecting back on the last year and looking forward to all the new things this year brings with it. To that end, industry leaders and Fintech CEOs from all over the world sat down with The Fintech Times to discuss …
The idea of a comprehensive digital ID looks like the solution, but there’s much work to do in regards to implementing it. Such as which organization will have the responsibility of implementing such a thing, the extent to which consumers will feel comfortable using it, and the biggest one: are consumers ready to digitize their identity and put it on the internet.
All of these are possibilities and questions worth pondering, as technology advances, there are some compromises both organizations and consumers must make to keep new technologies from crashing and burning.
The Future is Phygital December 20, 2023 As with many other aspects of life, the COVID-19 pandemic affected the payments landscape in terms of the accelerated rate in which digitalization occurred. However, for many SMEs and retailers, physical interaction is still essential. For this very reason. Today we will be talking about the ‘phygital’ concept …
The Future Of B2B and Business Travel January 13, 2021 Commercial payments have seen unprecedented change with the rise of borderless payments. The digitalization of payment methods, demand for more efficient transactions and the unification of personal and professional payments have been a major player in the evolution of payments. Global commercial payment transactions passed …
Shopping Around For A Better Checkout Experience: Unprepared Merchants Are Left Behind November 29, 2023 Inflation continues to change consumers’ spending habits. As wallets get tighter, shoppers take their time to shop around. According to research conducted by payments integrator Adyen and digital payments integrator, Fime, the main points consumers focus on when shopping around …
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Experience amongst the population with all of these remittance options has been mixed. 32% of consumer respondents and 37% of small businesses have experienced a failed or late payment. 47% of these businesses say the experience made them more wary of using cross-border payments, and as a result they choose to go with domestic suppliers, despite the higher costs.
