Payments Technology

Payments Technology

cash payments still count
Mobile Payments Payments Technology

A New Take on the Oldest Form of Bill Payment: Cash

By Michael Kaplan, EVP, PayNearMe What’s in your wallet? That’s a well-known slogan for a major credit card, but it’s also an important question for lenders determining which payment types and channels to offer customers. You may be surprised to learn that for many consumers, ...
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back-office profit potential
Logistics Payments Technology

Unlocking profit potential in the payments back-office 

By Kate Knudsen, Senior Program Director at BHMIAs the payments space changes rapidly, banks, merchants, and processors are updating front-end platforms to meet the growing demand for new, fast payment methods.However, many still struggle to keep pace and remain hampered by back-office payment processing systems ...
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AI adds efficiency to accounts payable
AI Disruptive Technologies Payments Technology

The transformative impact of AI on invoice-to-pay functions

By Jason Kolbenheyer, Chief Product Officer, Edenred Pay Few technologies have generated as much excitement as artificial intelligence (AI). Using machines to solve problems, make decisions, and perform other tasks that typically require human intelligence has the potential to transform back-office functions across the corporate ...
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Data-Driven Decisions
AI Payments Technology Payments Trends

From data to decisions: Five steps to making payments data work for you

By Roger Portela, Senior Director of Product, PayNearMe Every day, valuable data flows through your payments platform. But how it’s collected, where it ends up and how useful it becomes depends on how it’s managed along the way. Think of it like a river. That ...
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improve payment efficiency
E-commerce Payments Research Payments Technology

4 ways to make digital payments more effective

By Michael Seaman, CEO & Founder, Swipesum In today’s online world, digital payments have become essential for businesses looking to thrive in the competitive market. With smart devices and the convenience they offer, embracing mobile payments and other contemporary forms of payment is crucial for ...
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rules-based payment processing
Banking Payments Technology

How to maximize agility and automation with rules-based payment processing

By Michael Meeks, CTO of BHMIThe payments industry is changing so rapidly that many payment processing companies are struggling to keep pace. It seems every time a company adapts to a new payment method, begins supporting the most current regulations, or updates its process workflows, ...
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AI impact on payments
Banking Payments Technology

Four ways AI is transforming payments

By Michael Seaman, Co-founder & CEO of Swipesum In a world rapidly embracing digital technology, efficient, reliable, and secure payments are more crucial than ever. With the introduction of artificial intelligence into the payments space, both large companies and emerging startups alike are now grappling ...
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future of digital bank apps
Banking Mobile Payments Payments Technology

How digital bank apps enhance customer experience

By Gaurav Mittal, Executive Vice President, Ethoca In the 15 or so years since the introduction of smartphones, most people can’t imagine life without them. Consumers have embraced the purchasing power provided through their advanced technology. One-third of consumers use digital banking channels daily, and ...
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$100 billion in chargebacks in 2023
Chargebacks E-commerce Payments Technology

Five reasons to get a handle on chargebacks

by Donna Blum of BHMIChargebacks are a significant and growing challenge in the payments industry. The rapid growth in e-commerce, rise in fraud, and consumers’ increasing willingness to file chargebacks are making dispute management an increasingly challenging and complex job.However, many merchants and processors still ...
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pay by link strategies
Disruptive Technologies Mobile Payments Payments Research Payments Technology

Three best practices to boost on-time payments using personalized links

By Steve Kramer, VP Product, PayNearMe Though many of us manage our bill payments quite smoothly, you might be surprised to learn that more than 50% of consumers say they’ve paid one or more of their bills late over the past 12 months, according to ...
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