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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Payments Trends
Payments Trends
By Chris Abele, VP & General Manager, Global & Emerging Payments, Fiserv Globalizing commerce presents an enormous revenue opportunity. Credit Suisse says cross-border commerce accounts for roughly $900 billion in payments volume globally. Yet, as enticing as it may be for businesses to expand into ...
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By Michael Engel, Managing Director & VP of Payments at Diebold Nixdorf Payments are a critical piece of a financial institution’s value proposition. Payments represent nearly a third of revenue at most banks and the largest share of bank interactions with customers. However, over the ...
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Alex Baulf, Senior Director, Global Indirect Tax and E-Invoicing, Avalara E-invoicing isn’t a new concept in the world of payments. Since the advent of machine-readable document formats, businesses have been sending and processing electronic invoices as part of their accounts receivable and payable processes. However, ...
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Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. But, traditional payment modes – checks, Automated Clearing House (ACH) and physical credit cards still cling to life in ...
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By Rick Sunzeri, Director of Enterprise Accounts at ClearSale Are alternative payments even “alternative” anymore? A lack of alternative payment options such as digital wallets and BNPL is now a potential deal breaker for the 55% of consumers who say they’d consider abandoning their cart ...
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By Bob Kaufman, CEO, ConnexPay With PayPal and Venmo offering instant payments for customers, C2B payments technology proves itself to be a leader in global innovation and growth. Meanwhile, the technology of B2B payments continues to lag. The security, reconciliation, and compliance aspects of B2B ...
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by Jeff Domansky The canaries were singing loudly in the financial industry coal mine long before SVB collapsed. Who knew? Who acted in advance? And who caused the prominent fintech banker and lender to topple? To answer those questions – short-sellers knew, as did some ...
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By Beth Robertson, Managing Director of Keynova Group The question of what consumers want from credit card issuers gnaws at card executives, eager to capitalize on the growing use of credit products in an inflationary environment, fending off challenges from non-traditional sources of consumer credit ...
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2023 will not be business as usual Doug Hall While 2023 shapes up as a challenging year for business, it will definitely not be business as usual. Our payment industry leaders see fraud challenges ahead, a focus on innovative fintech solutions, and big leaps in ...
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