Payments Technology

Payments Technology

AI recession proof
Disruptive Technologies Fintech Payments Technology

As recession looms, can AI help businesses weather the storm?

By Scott Dawson, Head of Sales and Strategic Partnerships, DECTA A quick Google search for “recession” reveals many articles predicting that one is inevitable. While much of this speculation has emerged because of a mass media echo chamber, businesses should still prepare for the worst.   ...
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real-time payments challenges ahead
Disruptive Technologies Payments Technology Payments Trends

4 Challenges in Real-Time Payments and how to address them

By Michael Meeks, SVP of Software Development at BHMI Growing demand from consumers and businesses and the rollout of FedNow are expected to drive rapid adoption of real-time payments in the coming years.  Real-time payments offer many benefits across the entire economy, including instant settlement, ...
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accelerate subscription payment success
Fintech Payments Technology Payments Trends

4 Strategies to accelerate subscription model payments

By Jeff Sheldon, SVP Engineering, Recurly Whether at the starting line of a new subscription model or looking to tune up your current model, it’s important not to underestimate the complexities of managing recurring payments. Having the right payments strategy in place can help you ...
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AR technology trends
Fintech Payments Technology Payments Trends

AI and AR – Top trends now or coming soon

By Doug Hathaway, VP of Engineering, Versapay Over three-quarters – 77% – of CFOs reported being behind on invoice-to-cash reconciliation, according to a survey of 300 CFOs by Wakefield Research for Versapay. This research also found that the respondents’ companies held an outstanding balance of ...
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digital payment transformation
Banking Payments Technology Payments Trends

Why prioritizing faster payments is crucial for your digital transformation checklist

By Dave Glaser, CEO, Dwolla By now, when business leaders hear about digital transformation, they should think, “Been there, done that.” However, some major corporations are still lagging behind the technological curve and missing opportunities to gain a competitive advantage. Previously, digital transformation decisions often ...
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embedded benefits VS non-embedded payments
Payments Technology Payments Trends

Payment Processing: Embedded vs Non-Embedded

The payment industry is exploding with innovation. From digital wallets to blockchain, experts predict advancements in payments will play a significant role in driving the success of retailers everywhere, online and off. Staying competitive within your industry means adapting to current payments technology, and embedded payment ...
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$142K lost annually to poor reconciliation
Banking Fintech Payments Technology

While AI changes the world, why is data reconciliation stuck in the ‘90s?

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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instant embedded payment partner criteria
Banking Disruptive Technologies Payments Technology

4 Criteria Critical to Choosing an Embedded Instant Payments Partner

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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PaymentsNEXT Newswire Apr 28
E-commerce Fintech Payments Technology

PaymentsNEXT Newswire Apr 28: ConnexPay, Avalara-eBay, Mastercard Start Path, Paysend, Citi Flex Pay, CSI, Quadient, InComm, CareCredit

A busy week in payments news. ConnexPay with Payouts Network launched a unique push-to-card technology for real-time payments to debit or reloadable prepaid cards. Avalra teamed with eBay to offer a new simplified international shipping system. Six fintech companies joined Mastercard’s Start Path Digital Assets ...
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ISO 20022
Banking Payments Technology

New Year’s Resolution: Learn the new language of payments in 2023

by Nick Botha, Global Payments Sales Manager, AutoRek The end of 2022 saw the start of the mandatory migration to ISO 20022 – the open global standard for the exchange of payments messages. From now on, organizations within the SWIFT community must comply with new ...
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