payment innovation

BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
BNPL and Digital Wallets High Priority for PayFacs and Marketplaces
December 22, 2023  |  Retail

Embedded payments can open the door to monetizing new revenue streams, deepening customer engagement and growing new lines of business. However, retail marketplaces, payment facilitators...

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Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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Payment Rail Innovations Help Businesses Embrace the Always-On Economy
Payment Rail Innovations Help Businesses Embrace the Always-On Economy
October 25, 2023  |  Payments Innovation

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...

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45% of Consumers Used Credit Card Installment Plans In Past Year
45% of Consumers Used Credit Card Installment Plans In Past Year
September 28, 2023  |  Consumer Payments

Installment plans have become an increasingly important payment method that many shoppers prefer. Across age groups and income brackets, 60% of consumers use installment plans...

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From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
September 08, 2023  |  Payments Innovation

In today’s digital age, money talks in bytes, not bills.  And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money...

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India Writes the Playbook for Mobile Payments Innovation
India Writes the Playbook for Mobile Payments Innovation
August 18, 2023  |  eCommerce

Payments innovation and digital-first shopping in India is a success story 15 years in the making. Its success can serve as a global playbook for...

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One-Third of Credit Union Members Would Leave for Better Credit Products
One-Third of Credit Union Members Would Leave for Better Credit Products
August 14, 2023  |  Credit Unions

Consumers in the United States rely less on their primary financial institution (FI) for major credit products than they used to. Many are shopping around...

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Consumers, Billers Demand End of Fragmented Bill Payment Experience
Consumers, Billers Demand End of Fragmented Bill Payment Experience
May 10, 2023  |  Platform Payments

Consumers — especially young and affluent consumers — want a single, inclusive, convenient place to see and pay their bills. Holistic bill pay platforms could...

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An Insider’s Take on How Banks Can Tap BaaS for Growth
An Insider’s Take on How Banks Can Tap BaaS for Growth
March 03, 2023  |  Digital Banking

Banks are brands, but consumers care more about the brands they engage with on mobile apps or social media, Mbanq’s Vlad Lounegov explains — and...

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