Merchant aggregators and marketplaces looking to compete globally must be able to support a broad range of merchant customers’ payment service provider relationships both swiftly and easily. Spreedly’s Randy Guard explains how payments orchestration enables platforms to add merchants’ preferred gateways at the flip of...
Fraud is top-of-mind for payment providers and the businesses and consumers they serve — for the simple reason that the cost of ignoring it is too much to bear. A recent report from the Federal Trade Commission (FTC) pegged fraud loss in 2022 at $8.8...
With the rise of eCommerce bringing more retailers than shoppers could ever exhaust, consumer-facing businesses of all types fear cart abandonment above nearly everything else. Never has it been easier for a consumer to find a similar product or experience at an alternative vendor, making...
Payment processor Elavon has formed a partnership with the California Restaurant Association. The U.S. Bank-owned company announced Wednesday (April 20) that the partnership will offer payment tools to the association’s 22,000 members. “The California Restaurant Association needed a payments partner that could help add affinity...
The push and pull on student loans has spotlighted SoFi’s digital platform model and the emergence of online financial service ecosystems. As widely reported, SoFi has turned to the U.S. court system to try and halt the Biden administration’s continuing moratorium — and the latest...
Compared to other African markets which have high levels of unbanked populations, more than 80% of South Africa’s population has access to a bank account. However, that access to financial services is largely underused as many people still rely on informal channels and transacting in...
Digital innovation is coming to corners of the economy that need it but haven’t necessarily taken those steps yet. That fact is creating a new sense of urgency around digitizing business processes across the spectrum of industry verticals. We analyze this in the study “Digital...
With paper check fraud reportedly doubling in 2022, the need for digital disbursement options has never been more urgent — or more desired by consumers, many of whom in key demographic groups like Gen Z have never even possessed a paper checkbook. Because of their historic ubiquity,...
Six in 10 consumers use stored payment credentials for subscription payments and shopping online. Even though some consumers painstakingly enter their payment information every time they submit a payment, there is a clear need for the convenience a payment credentials vault would offer. More than...
