WhatsApp enables in-chat purchases, PayPal eyes buying crypto firms, Supply chains shift, digital dollars emerge post-COVID

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October 23, 2020

PYMNTS TV B2B Payments 2021

Supply Chains Will Shift, Digital Dollars Will Emerge Post-COVID

The pandemic will change supply chains and digital dollars will become a payments staple, Dr. Paul Sheard, senior fellow at Harvard’s Kennedy School, tells Karen Webster. He says businesses and central banks will have to think about how goods travel the world, along with the fundamental tenets that underpin money and trade. By the way: China stays in the picture.

 

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Credit Union Tracker

REPORT: Credit Unions Go The (Social) Distance With Mobile Banking Tools

Offering personalized, in-person banking experiences has become a bigger challenge for credit unions as they comply with pandemic-related restrictions. In this month's Credit Union Tracker, Joel Swanson, chief member experience officer at Florida-based VyStar Credit Union, discusses how using mobile tools for in-branch interactions can personalize members’ experience while allowing them to safely access services from a distance.

 

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PODCAST: Cross-Border Payments

Payments Choice (And Faster Payments) Helps X-Border Commerce Go D2C

From the largest marquee names in luxury retail to artisans peddling handcrafted wares, selling direct to consumer has never been more urgent. But Emanuela Saccarola, Citi’s global head of product for cross-border payments, tells Karen Webster the transition to digital shopping and eCommerce requires a re-examination and streamlining of the cross-border payments process.

 

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PYMNTS MASTERCLASS: Commercial Cards 

Buyers, Suppliers Converge Around Virtual Cards 

Cash flow is king for sellers during the pandemic, and commercial cards can be an important part of the equation. But Dean M. Leavitt, founder and CEO of Boost Payment Systems, tells PYMNTS that working capital and controlling the timing of payments are equally important to buyers, too. Here’s why. 

 

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Digitizing The Supply Chain

How The Identity Of Things Makes Supply Chains Transparent

Assigning digital IDs for products can help reduce inefficiencies in various supply chains, especially those of the retail and food-production industries, Niall Murphy, CEO of IoT firm EVRYTHNG, tells PYMNTS. He says supply chains must become more agile, and tracking unique identities and data across the cloud can improve workflows — and payments, too. 

 

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ResTech

Panera Coffee Subscriptions And The Future Of Restaurants

The restaurant world has changed dramatically as proprietors race to stay ahead of lockdowns and COVID-19 fears. But Paytronix CEO Andrew Robbins tells Karen Webster that restaurateurs have gotten very creative in serving up digitally enabled solutions — like Panera’s new coffee subscription, which has already attracted some 500,000 customers. Here’s what to expect next.

 

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