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Aug 10 Payments NEXT newsletter: Credit as a Service, password challenges, future of retail, B2B marketplaces, news roundup |
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Hola! This week’s Payments NEXT newsletter covers the latest from around the world starting with a look at MSTS’s “Credit as a Service™.” Then there’s the growing problem of password hygiene, according to new research from PC Matic. The future of retail is convenient and connected and a Walker Sands report says listening to millennials is critical. Gartner research shows B2B marketplaces are a big business opportunity.
The roundup is loaded with stories on Microsoft, Trump tariffs, US grocery store growth, MasterCard’s acquisition of Nets, Deutsche Bank’s new digital bank called Fyrst, and Klarna’s US expansion plans. Happy reading and enjoy your weekend!
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What’s new in B2B payments? Credit as a Service
If you’re a typical SMB, one of your biggest challenges is managing B2B accounts receivables (AR) and slow-paying clients, particularly when you offer net 30- to net 60-day terms of payment. With the evolution of new digital services and technology, you can expect to see a rise in what financial solutions provider MSTS calls “Credit as a Service” (CaaS). Read more... |
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Research: Password hygiene is a dirty problem
It’s a growing cybersecurity problem that consumers and business simply can’t seem to clean up. It’s password hygiene and it’s a big challenge according to new research from PC Matic. The research provides surprising insights into the frequency passwords are changed, how often the same credentials are used in different settings, and how passwords are stored. And there are implications for businesses and payments providers too. Read more…
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The future of retail? Connected and convenient
Walker Sands’ 2019 Future of Retail report suggests that all consumer purchase decisions boil down to two key factors: convenience and connection. When shopping, consumers are now conditioned to expect convenience, including selection, availability, and same-day delivery. At the same time, successful retailers are moving beyond a simple omnichannel strategy to finding ways to create deeper connections, particularly with millennials. Read more... |
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Gartner: How marketplaces create growth for business
Why would a business allow competitors and other companies to sell products on their own website? In a word, opportunity, according to Gartner analysts. Online marketplaces aren’t just for digital-native companies like Amazon & Airbnb. In a report on the advantages of marketplace sales models, Gartner says they provide an opportunity for companies to grow their digital business faster with a range of other benefits. Read more... |
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Payments NEXT – Aug 9: Global payments news roundup
In our global payments news roundup are Microsoft’s moves to attract retailers and compete with Amazon. The US Chamber of Commerce says grocery stores are alive and growing. Trump’s tariffs cost US businesses $3.4 billion in June according to the Tariffs Hurt the Heartland coalition. Deutsche Bank created Fyrst – a digital bank for freelancers, founders and entrepreneurs. MasterCard acquired Danish real-time payments firm Nets, gaining it a stronger foothold in the EU market. Swedish payments company Klarna raised $460 million for expansion in the US market. Read more… |
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Get more global payments industry news and insight
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