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 ...
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Payments Technology
Payments Technology
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 ...
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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 ...
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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US payments technology lags behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes.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 ...
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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 ...
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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 ...
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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 ...
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By Jeff Domansky Dwolla announced new Drop-In Components in its continued effort to lighten the technical lift of integrating a payment API. The low-code components reduce a payments integration by thousands of lines of code, dramatically shortening API integration for developers with or without technical ...
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By Jeff Domansky The global B2B payments market is projected to reach $63 billion by 2026, while the global accounts payable automation market is expected to reach $3.1 billion by 2024. No surprise that fintechs see big opportunities to meet the demand by businesses for ...
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By Jeff Domansky, May 26, 2021 A new partnership of Square and digital ordering company Noble should make it easier for concertgoers to order their cocktails, beer, and other refreshments at the next live event. Just as important, it will help concession operators handle more ...
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