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Payments NEXT newsletter: Amazon/Amex and Shopify/Venmo partnerships, Amazon Q3 results, Visa's global growth, Swedish govt e-Krona, NCR buys JetPay, more...
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Welcome to Payments NEXT’s weekly newsletter and Friday global payments news roundup. Our features include a look at Visa's impressive global growth, opportunities in US cross-border e-commerce, and a timeline of 2015-2018 retail bankruptcies. As usual, we wrap up with our popular Friday global news roundup for your weekend reading.
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Mad Money’s Cramer: What’s driving Visa double-digit global growth?
CNBC’s Mad Money host Jim Cramer interviewed Visa CEO Al Kelly for an eye-opening look at why he thinks payment stocks may be the safest investment play in the financial sector. “Visa has no interest rate risk,” Cramer said. “Visa’s not gonna get crushed if the economy has a fed-mandated slowdown. It doesn’t have debt that could go bad and most important last night, Visa’s reporting yet another strong quarter.” Read more... |
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Where are the opportunities for US cross-border e-commerce?
US online merchants are far behind in building their cross-border e-commerce sales because most are not offering enough or any local payment methods in international markets. A new PPRO whitepaper shows US merchants need to make local payment methods (LPM) available because traditional credit card payments such as Visa and MasterCard will make up only 15% of the market by 2021. Read more…
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Timeline of major 2015-2018 US Retail Bankruptcies
CBI Insights has compiled a useful timeline for the 57 biggest US retail bankruptcies between 2015 and October 2018. We provide a quick snapshot of these retailers as well as the number of stores and jobs affected where data was available. And no, you’re not seeing double. Several stores went bankrupt twice during the following timeframe. Read more... |
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Payments NEXT – Oct 26: Global payments news roundup
Here’s the global payments news that caught our eye this week including Shopify/Venmo and Amazon/AMEX partnerships, Visa’s double-digit growth, Amazon Q3 results, US cross-border payments research, Swedish government’s e-krona digital currency, British Airways hack, Canadian cannabis sales going higher, and much more. It’s payments news you can use. Read more… |
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Get more global payments industry news and insight
Find the daily payments industry news you can use at PaymentsNEXT. |
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