American Express brushes off impact of white-collar layoffs
CEO Steve Squeri says many of these companies still employ more people than before the pandemic.
Source: americanbanker.com
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How Alipay is supercharging Splitit and Checkout.com
The U.S. payment companies say their tie-in to the Chinese digital wallet is a doorway to one of the biggest e-commerce audiences on the planet.
Source: americanbanker.com
As workforces shrink, B2B payment automation could grow
Firms like Oracle and Billtrust are betting companies with smaller, more remote teams will adopt digital transaction systems to ease the burden of paying their vendors.
Source: americanbanker.com
Zelle to pay: Can banks turn their P2P network into a wallet?
Early Warning Services plans to create a retail payment option for its peer-to-peer system. Experts say it's a long shot, but it could displace Apple, PayPal and others if successful.
Source: americanbanker.com
Why consumer don't always want frictionless payments | PaymentsSource
Not every shopper wants to charge the same card every time — but many do. Retailers like Adorama and Nordstrom, and payment companies like PayPal, are digging into their data to determine when an invisible payment is the best option for a customer, and when it's a pain point.
Source: americanbanker.com