Payments Innovation

Payments Innovation
Visa Acceptance Enhancements Connect AI to Click-and-Mortar™ Shopper
April 17, 2024

Earlier this year, Visa and PYMNTS Intelligence trained a spotlight on the Click-and-Mortar™ shopper. This fast-growing segment, who seek digital features with the instant gratification of in-store shopping, offers both challenge and opportunity for merchants as they offer up reimagined experiences in the aisles, at the register and online.  ...

Payments Innovation
Deutsche Bank Says Embedded Finance Is Changing Business Models
April 10, 2024

Deutsche Bank Global Head of Embedded Finance Solutions Matthaeus Sielecki told PYMNTS that embedded finance is transforming verticals as far-flung as retail and logistics. Payments are now being actively merged into business models as those models evolve — and the role of chief financial officers...

Payments Innovation
Forage Adds In-Store EBT Processing, Creating Omnichannel Solution
April 05, 2024

Forage now provides retailers with an omnichannel Electronic Benefits Transfer (EBT) processing solution. The payment processor has expanded into in-store EBT processing, a service that joins the online EBT processing it has offered since 2022, Forage said in a Friday (April 5) press release emailed to...

Payments Innovation
White-Label Payments Infrastructure Gains Favor With Merchants
April 03, 2024

When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world don’t translate to business success, and the integration of innovative payment solutions into existing business models isn’t always as seamless as merchants might want....

Payments Innovation
Todaq Micro Launches Micropayments Solution, AI Sales Agent
April 02, 2024

Todaq Micro has announced the public beta launch of two new offerings: a micropayments solution and an artificial intelligence (AI) sales agent. More than 100 companies have begun adding these tools to their websites, Todaq Micro said in a Tuesday (April 2) press release. The company’s micropayments solution, TAPP...

Payments Innovation
How Embedded Payments Help Businesses Own Key ‘Micro Moments’
March 28, 2024

In life, and in commerce, it is often the little things that matter most. And as digitization changes the world, those little things are getting both smaller and more important — particularly when it comes to payments. This, as leveraging embedded finance is emerging as...

Payments Innovation
Embedded Finance Beckons as Independent Software Vendors Evolve
March 27, 2024

Gigi Beyene, senior vice president of integrated payments at Nuvei, told PYMNTS that the role of the independent software vendor (ISV) has evolved through the years, and more change is on the horizon. ISVs trace their roots back to the 1960s, and through the ensuing...

Payments Innovation
The Cost of Legacy Payments in Light of Innovation’s ROI 
March 22, 2024

Innovation, particularly within financial services and payments, tends to be centered around speed, cost efficiency and transparency. However, many financial institutions (FIs) with incumbent infrastructure seem to take the view that those innovation benefits quickly turn into new costs when they consider moving away from...

Payments Innovation
New Study Shows Big Gap Between Open Banking Interest and Use
March 19, 2024

Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants...