Payments Technology

Payments Technology

hidden transaction costs
Payments Technology Payments Trends

5 Areas in Card Transactions Where FIs Lose Up to 50% of Profit

Updates in scheme fees that cause profitability “leaks” By Kirill Lisitsyn, CEO & Сo-Founder at Torus Understanding card scheme fees often resembles assembling a jigsaw puzzle. Even one missing piece can significantly impact the outcome. The trick is that you typically notice the effect of ...
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insurance payments future
Payments Technology Payments Trends

Emerging technologies: Insurance payment processing’s future

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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payments orchestration
Payments Technology Payments Trends

Global Payouts Orchestration: Driving Payments 3.0

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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Gen X payment preferences
Payments Research Payments Technology

Engaging Gen X: Customized Self-Service Bill Pay Solutions

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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payments technology stuck in the past
Fintech Payments Technology

Legacy Systems: Are Payment Methods Stuck in the Past?

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& CEO, Silverflow Despite handling countless transactions daily, the payments industry operates on a foundation of outdated technology.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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fee-based structures
Banking Payments Technology

Gaining Control of Transaction-Based Fee Structures

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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network tokenization
Credit Card & Online Fraud Payments Technology

Network Tokens: Understanding the Technology Transforming Consumer Payments

By: Michael Seaman, CEO & Founder of Swipesum Network tokenization is a trending topic in the payments industry, transforming how transactions are processed and providing valuable benefits to merchants and consumers. As e-commerce and the use of digital wallets continue to grow, network tokenization helps ...
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rapid growth of virtual cards
Payments Technology Payments Trends

You Thought You Knew Virtual Cards…Think Again

By John Toman, Co-founder & Chief Product Officer, Pivot Payables Commercial virtual cards have been available for years as a payment method for businesses to make purchases. Despite their long-standing presence, many grossly misunderstand their value and not just within the payments industry. Most companies ...
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Brazil's Pix fintech revolution
Payments Technology Payments Trends

Inside Brazil’s Fintech Revolution – How Pix is Pointing the Way Forward for Global Fintech

By Ralf Germer, Co-CEO & Co-founder, PagBrasil Four years ago, the Central Bank of Brazil introduced an instant payment system called Pix, enabling transactions to occur in less than 10 seconds, 24 hours a day. The technology was an instant hit, and its use in Brazil has ...
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business embraces new payments technology
Disruptive Technologies Payments Technology Payments Trends

Business travellers are embracing new payments tech

By Ben Alderman, General Manager North America, Conferma The landscape of corporate travel payments is undergoing a transformative shift. Financial decision-makers and travel managers are increasingly adopting advanced virtual payment technologies. A recent survey we commissioned of 400 global decision-makers highlighted that pressures to drive ...
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