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MoneyGram settles NY AG lawsuit

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief MoneyGram settles NY AG lawsuit The money transmitter will pay a $250,000 civil fine to resolve claims it violated consumer laws with its remittances practices.

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Thunes Expands its Direct Global Network into Egypt

Fintech Finance

Egypt is experiencing one of the fastest adoption growth rates for mobile wallets across the African continent, driven by accelerating cash-to-digital conversion. With this expansion, Members of Thunes’ Direct Global Network can now offer consumer remittance services into Egypt, either to bank accounts or to mobile wallets.

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How The Pandemic Is Reshaping The Nigerian Digital Payments Landscape

PYMNTS

Cash was long king in Nigeria despite more than a decade of efforts to bring cashless options to consumers, Jay Alabraba , co-founder of Nigerian payments platform Paga , told Karen Webster. Alabraba said that’s critical in a cash-dominated economy like Nigeria’s, where capturing consumer usage requires ready access to cash.

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Visa Expands Fast Track Program To Give FinTechs A Post-COVID Digital-First Edge

PYMNTS

Visa ’s goal of building what it has called a “network of networks” reflects its view of what adds value in a global financial services ecosystem where the shared interest in doing what’s best for consumers and businesses is what drives outcomes.

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The Rapid-Onset Delivery Ecosystem Evolution

PYMNTS

And economic activity has slowed tremendously during this time: According to our most recent figures, 87 percent of consumers report shopping less for groceries, 86 percent of consumers report traveling less for leisure and a whopping 93 percent report eating at restaurants less frequently. Deliveroo in the U.K.

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Global e-commerce shines, but are retailers facing equally favorable conditions?

Tearsheet

When venturing into foreign markets, global e-commerce sellers have to be prepared to factor in both domestic and international digital conversions into pricing strategies that can help minimize disputes and chargebacks and meet regional demands. This introduces an additional layer of complexity for online sellers.

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Should Retailers Require Mobile Shoppers To Log In?

PYMNTS

In many ways, this has become a race to see who can bend over backwards the furthest to meet consumers on the level that they seem most comfortable buying at. Especially if it seems like digital conversion rates seem to be heading in the opposite direction.