Episode 433: Global Payments Report & Fintech and Ukraine

Host Brett King begins this week's episode with a conversation with Jim Johnson, President of Worldpay, FIS' Merchant Solutions arm. They discuss insights and ways to fuel the potential of every business around the world, enabling smarter commerce by focusing on key take-aways from Worldpay's Global Payments Report, an annual report which analyzes consumer behavior online and in-the-store in over 41 countries. Worldpay, serves more than a million merchants around the world – including the biggest brands you can think of. It accepts over 300 payment methods in more than 125 countries across markets covering 99% of the world’s GDP. The report is all about trends and how consumers are paying for things in their home country. Buy-Now-Pay-Later was ID'd as the fastest growing payment method online and in-store, and with the return to the store, the point-of-sale market has grown 13 percent globally in 2021, rebounding from the impact of COVID-19 more rapidly than expected. You can find the report, which covers other trends such as crypto, CBDCs, embedded finance and real-time payments, at fisglobal.com/gpr. Learn where the industry is now and where it is headed. Brett ends this week's show with a conversation with Penny Crosman, Executive Editor, Technology at American Banker, who joins Brett to talk about the current situation in the Ukraine, what's happening with respect to fintech and share examples of what companies and leaders are doing, raising money and rising to the challenge. There's a huge developer community in the Ukraine, hear how industry colleagues are supporting those still working. There are wildcards to consider but the industry does take care of its own. https://www.youtube.com/watch?v=YqTgc0a-Msg