With 2024 right around the corner, Vineeth Subramanyam, managing director and global head of Spring by Citi, told Karen Webster that the unstoppable push toward personalization and automation in payments will take a cue from innovations stretching back into the early days of the millennium. “The magic,”...
No one (other than PYMNTS readers) wakes up thinking about payments or money movement. Rather, it is what’s on the other side of the transaction — typically goods or services — that is top of mind. And it’s across the infrastructure enabling that transaction and...
Innovations in payments have paved the path to progress throughout history. And while the journey has not been a linear one, it is increasingly becoming a digital one. “The technology and payments infrastructure is there in most global markets,” Eric Shoykhet, co-founder and CEO of...
FinTech firms’ products and services provide benefits that far exceed the risks they pose. So said Rep. French Hill of Arkansas, chairman of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, during opening remarks delivered Wednesday (Oct. 25) before the hearing,...
When it comes to innovation in payments, there’s no more exciting time than right now. Historically, the U.S. businesses heavily relied on checks, Automated Clearing House (ACH) and wires to make payments. However, this changed significantly in 2015 when the Federal Reserve issued a white...
Jacqueline White, president at i2c, told PYMNTS in a recent interview that “what’s next” in payments may be determined by demographics. Among the overarching trends dominating the last year of payments innovations — and the innovations that will be hallmarks of 2024 — are generational ones,...
The borders delineating digital technologies and payments are becoming increasingly blurred. And that’s a good thing. “We see payments moving up the funnel,” Rachel Moore, senior vice president and head of incubation at Synchrony, told PYMNTS as part of the “What’s Next in Payments series:...
The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective is a lot of focus on faster payments,” Keith Vander Leest, head of payments at Cross River, told PYMNTS as part of...
It’s easier than ever to buy online, offline, to pick up in store or have things delivered. It’s easier than ever to check out, using all manner of payment options, from Apple Pay to Tap to Pay, Scan and Go and everything in between. But...
