By Trinity Van, PayNearMe When low-income individuals start businesses, the first hurdle they face is securing a loan. The second is getting the loan payments disbursed quickly and safely, preferably in the same account they use to pay their business expenses. By design, many small ...
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Banking
Banking
By Chris Abele, VP & General Manager, Global & Emerging Payments, Fiserv Globalizing commerce presents an enormous revenue opportunity. Credit Suisse says cross-border commerce accounts for roughly $900 billion in payments volume globally. Yet, as enticing as it may be for businesses to expand into ...
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By Bob Kaufman, CEO of Connexpay Payment intermediaries play a crucial role in facilitating transactions between customers and third-party vendors – everyone from mom-and-pop travel agencies to major global ticket comparison sites has the same basic business model of acting as a ‘middleman’ between two ...
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By Michael Engel, Managing Director & VP of Payments at Diebold Nixdorf Payments are a critical piece of a financial institution’s value proposition. Payments represent nearly a third of revenue at most banks and the largest share of bank interactions with customers. However, over the ...
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A busy week in payments news already. We’ve got a roundup of the latest global payments news to keep you in the know and out in front of the latest industry developments. The Merchants Payments Coalition says the Credit Card Competition Act could save merchants ...
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Phil Lewis, CEO, Titania Banking and finance organizations, with complex networks, large customer bases and highly desirable data, are prime targets for threat actors. But being a mark is one thing; being susceptible is another. The security of their network infrastructure depends on the ability to ...
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By Drew Edwards, Founder and CEO of Ingo MoneyWe are fast moving towards a digital money world. According to Euromonitor estimates, cash and check payments will make up just 14% of total payments this year, down dramatically from 42% in 2020. The pandemic played a ...
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Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. But, traditional payment modes – checks, Automated Clearing House (ACH) and physical credit cards still cling to life in ...
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By Rick Sunzeri, Director of Enterprise Accounts at ClearSale Are alternative payments even “alternative” anymore? A lack of alternative payment options such as digital wallets and BNPL is now a potential deal breaker for the 55% of consumers who say they’d consider abandoning their cart ...
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by Jeff Domansky The canaries were singing loudly in the financial industry coal mine long before SVB collapsed. Who knew? Who acted in advance? And who caused the prominent fintech banker and lender to topple? To answer those questions – short-sellers knew, as did some ...
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