ByteDance, owner of short video sharing platform services Douyin (China) and TikTok (U.S.), has reportedly launched a payment service for the 600 million users of the Douyin platform.

The Paris-based fintech has added a range of extra features in recent years following the advent of PSD2 and open banking in the EU.

The decentralizing of business payments staff requires agility that's permanent, says Nvoicepay's Lauren Ruef.

Smaller institutions are relying on an issuing system that gives away control over card programs, says Corserv's David Luther.

The pandemic has made for strange bedfellows. Case in point: Western Union and MoneyGram will soon share Walmart as a landlord.

The pandemic has made for strange bedfellows. Case in point: Western Union and MoneyGram will soon share Walmart as a landlord.

Cross-border payment provider dLocal is adding an installment payment option for global e-commerce merchants serving customers in Brazil through a partnership with the fintech Dinie, which works with small merchants in Latin America.

During the past year we’ve seen some ingenious, innovative solutions addressing financial inclusion, and that will need to continue, says GPS CFO Richard Hodgson.

E-commerce merchants may need more data to ensure they are not turning down sales from first-time online shoppers.

Payment companies in the near future will need to address the impacts of industry consolidation, pricing pressures, regulation, card-based technology solutions and spotting the proper niche, says Moneycorp Americas' Bob Dowd.