By Piers Williams, Global Insurance Manager at AutoRek In an ideal world, insurance payments are processed immediately, customers enjoy seamless claim payouts, and real-time fraud detection is a standard practice. It’s no secret the insurance industry is undergoing rapid changes with advanced technologies such as ...
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By Juan Urthiague, Chief Financial Officer, Globant According to a Citizens Bank survey, 97% of private equity financial firms use AI. Adoption by financial industry pioneers widely underway, although the challenge is no longer implementing AI but maximizing its benefits. The AI market in banking ...
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By Andy Newman, VP of Business Development, Wildfire Systems In 2024, PayPal demonstrated a forward-thinking approach to truly adding value for customers, launching a series of features designed to enhance user experience and further expand the company’s role in payments. These innovations – PayPal Everywhere, ...
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By Gabriel Grisham, SVP, PayQuicker The global payments landscape is on the brink of a massive evolution. In 2025, we will witness the further rise of Payments 3.0, a new era defined by the convergence of advanced technologies, global reach, and seamless integration. At the ...
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By John Gronen, Chief Financial Officer, Yooz Imagine you’re managing a busy marketplace. Dozens of merchants, hundreds of customers, and money constantly exchanging hands. One day, you notice a small discrepancy in the cash register – nothing too alarming, just a few dollars missing here ...
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By Anne Hay, EVP & Chief Marketing Officer, PayNearMe Born in the 1980s and 90s, Gen Xers were considered technology pioneers. They catalyzed the digital revolution, ushering in the era of personal computing and mobile technology. Fast forward to 2024, and half of these once-early-adopters ...
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By AW de Vries, Co-founder & CEO, Silverflow Despite handling countless transactions daily, the payments industry operates on a foundation of outdated technology. While these legacy payment systems have been deeply entrenched for years, recent advancements have opened the door for modernization. These legacy systems ...
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by Jim Merchant, Senior Program Director at BHMIFacing rising costs, competition, and complexity, many companies in the payments space are continually seeking new ways to optimize transaction-based fee revenues.However, financial services companies such as payment service providers, networks, and banks often struggle to remain agile ...
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By Douglas Hall, Publisher, PaymentsNEXT Discover’s 2024 Payments State of the Union highlights risks and opportunities In today’s fast-paced digital economy, slow payments and rampant fraud are not just inconveniences; they represent significant hurdles that can stifle growth for merchants and negatively impact consumer loyalty. ...
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By Steve Tcherchian, CISSP, PCI-ISA As we near the holiday season, thieves are hard at work with new and clever tactics designed to exploit innocent shoppers and take advantage of them. A simple way to protect yourself from becoming a victim is to stop using ...
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