Payments Trends

Payments Trends

global cross-border payments
Banking E-commerce Payments Trends

Optimizing payments to grow across borders

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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fintechs eating bank profits
Banking Fintech Payments Trends

Innovate or get left behind: What traditional banks can learn from the fintech revolution

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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electronic invoices and tax compliance
Disruptive Technologies Fintech Payments Trends

E-invoicing and continuous compliance will shape the future of payments

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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treasury payment preference chart 2
Banking Fintech Payments Research Payments Trends

Treasurers embrace modern payments, but old methods die hard

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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global e-commerce
Banking Cybersecurity Payments Trends

Alternative payments are now a mainstream e-commerce preference

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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B2B real-time payments
Fintech Payments Trends

How C2B payments can inspire the global B2B payments industry

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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Canary SVB collapse
Banking Fintech Payments Trends

SVB’s collapse: Who knew?

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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card issuers
Banking Loyalty Payments Trends

Today’s consumers want more from credit card issuers

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 payment industry predictions
Banking Fintech Mobile Payments Payments Trends

2023 Payment industry leader perspectives – Part 2

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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2023 payment industry predictions
Disruptive Technologies Fintech Payments Trends

2023 Payment industry leader predictions – Part 1

Persistence will pay off for payments industry leaders in 2023 Doug Hall “It’s an understatement to say 2022 was challenging for the fintech and payment industry. The impact of Covid created a dramatic shift in e-commerce, spending habits, and payment preferences. Cybersecurity was top of ...
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