By Gary Prince, Chief Strategy Officer at SimplyPayMe, Contactless payment methods have swept across Europe over the past few years and are beloved for their ease of use. While Europe quickly adapted to this new payment method, the US hugely lagged in reform when it ...
Read more
Payments Technology
Payments Technology
By Jill Bohlken, Director of Enterprise Sales, PayNearMe While most of us think “customized” means best-of-the-best, that doesn’t always hold true for technology solutions, including payments platforms. A customized payments solution may offer some benefits for billers, such as savings on transaction fees, but it’s ...
Read more
Busy, busy, busy pretty much describes the payments industry this week. Today’s news roundup features new EMV contactless specs, faster payments features and benefits, zero fraud guarantee for SMBs, passwordless payments push by big tech and a new Visa/Fundbox flex card. Wait, there’s more! Optty ...
Read more
By Prashant Gandhi, Chief Business Officer, Melio With the COVID-19 pandemic showing no sign of slowing and employees leaving their jobs at a record pace as part of the “Great Resignation,” inflation is adding another roadblock for small businesses struggling to get by. With inflation at ...
Read more
Rafael Lourenco, EVP & Partner, ClearSale Although contactless payments became much more popular because of the pandemic, they’re not going away even as many regions return to more in-person activities. In fact, contactless payment methods are more popular than ever, driven by health precautions, security ...
Read more
Payment industry leaders are gearing up for a year of continued growth, a competitive and challenging business environment, and a few unknowns in the year ahead. Here’s what we’re paying attention to in payments industry news around the world. PayPal faces lawsuit for freezing customer ...
Read more
By Marc McCarthy, SVP Sales & Reconciliations SME, AutoRek US payments technology lags behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes. Despite widespread smartphone ownership, just 10% of US consumers use mobile payments. Paper checks are still ...
Read more
By Aidan McCarty, Co-founder and Co-CEO of Unum ID As with most industries, the digital revolution continues to transform banking and financial services at breakneck pace. Rapid technological innovation has already reshaped both customer behavior and the market. Today, four out of five Americans use mobile apps ...
Read more
By Jeff Domansky Four days ago, global payment processor TSYS platform went offline, and merchants and ISOs are still waiting for an explanation. Neither the TSYS website nor the owner Global Payments have acknowledged the outage. In addition, neither company has yet issued a statement ...
Read more
By Jeff Domansky AR departments talk a lot about AR automation, integrated payments, efficiency, and saving money. However, new research from Billtrust shows there may be a lot more talk than walk when it comes to modernization in today’s AR departments. 86% of AR leaders ...
Read more