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It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week.
“The European Commission’s draft proposal to mandate the use of instant payments for all Eurozone transactions, now provisionally agreed upon by the European Parliament, and Council of the EU, will be one major driver. Companies will increasingly move cashmanagement (forecasting, visibility, etc.)
As much as a click from the Kardashians helped spread the brand awareness and jump-start his company, Molnar said, as a spending trend among young consumers set the stage for BNPL's success. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis.
Participating in our Payments Power Panel were Pragya Jauhari, Senior Product Manager, Fintech, Booking.com; Alexandre Stervinou, Director, Banque De France; Leticia Costa, Executive Director, CashManagement Sales, JP Morgan Payments; and Andrew Stewart, CRO Europe, Thunes.
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