External payments articles
-
Dividends payments soar globally as worker pay stagnates
Shareholder payouts grew 14 times faster than wages over past three years, says Oxfam reportShareholders have proved to be more successful at securing bumper payouts than workers have at winning higher pay, according to two studies that show dividends outstripping wages by a considerable margin in recent years.Oxfam said analysis of global data showed that dividend payments to shareholders over the last three years grew an average of 14 times faster than worker pay across 31 major economies....
-
Report: Middlemen Handle 50% of Russia's Payments to China
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled by intermediaries, Reuters reported Friday (April 26), citing four sources. As the report noted, the United States Treasury has warned it could impose sanctions on […]
-
Consumers Are Slow to Adopt Mobile Wallets for Store Payments
Consumers are using mobile wallets more, but it is taking a while for them to grow accustomed to utilizing the technology to pay in stores, PYMNTS Intelligence reveals. By the Numbers The PYMNTS Intelligence report last year, “The Mobile Wallet Challenge: Replacing Physical With Digital,” created in collaboration with ACI Worldwide, drew from a census-balanced survey […]