Payments Innovation

Payments Innovation
Alternative Payment Methods Boost Conversions When Expanding Globally
August 09, 2023

Emerging from the pandemic, companies need to put payments at the center of their strategic roadmaps, according to Nuvei Chief Revenue Officer Laura Miller. For Miller, the “one thing” that’s top of mind for her firm’s enterprise clients is understanding the best practices within their...

Payments Innovation
Discover Global Network: Connecting Domestic Schemes Is Critical for Financial Inclusion
August 08, 2023

Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as FedNow, the faster payments initiative that just launched here in the states — are government or central bank owned. In...

Payments Innovation
Rather Than Build In-House Most US and UK Convenience Stores Outsource Payment Innovation
July 21, 2023

What payment methods are being explored by retailers in the grocery, pharmacy and convenience store arenas? It depends, as these retailers have different needs that digital payments must play to. Analyzing this question in “The Instant Payments Transformation Guide: Grocery, Pharmacy and Convenience Retailers,” a...

Payments Innovation
An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in...
July 14, 2023

Disruptive innovations don’t just change the game; they often level the playing field. But transformative phase shifts only enjoy a real, scalable flywheel when they solve for an ongoing problem — and when that solution to the problem is both repeatable and easily digested by...

Payments Innovation
NCR Spinoff Eyes Acquisitions, Recurring Revenues to Bolster ATM-as-a-Service Growth
June 27, 2023

NCR’s restructuring will seek to capitalize on Software-as-a-Service and recurring revenues as ATMs undergo a digital transformation. NCR filed its Form 10 registration statement Monday (June 26) with the Securities and Exchange Commission (SEC) for the planned spinoff. Upon completion, with a fourth-quarter 2023 timeframe, NCR will exist...

Payments Innovation
Tokenized Payment Networks Empower Businesses and Consumers With Enhanced Security
June 27, 2023

The digitization of the payment landscape brings with it both opportunity and challenges. As digital wallets, contactless payments, and eCommerce technologies continue to transform the way money moves, sensitive account information often moves alongside each transaction. This leaves personal data like addresses, purchasing history and...

Payments Innovation
PYMNTS Intelligence: The Value of Vaults to Merchants
June 20, 2023

One of the biggest pain points for both consumers and merchants is expired payment credentials. With card life-cycle management solutions, vaults can ease that pain by providing dynamic updates to cards that are reissued for any reason. These connections to the card networks or with...

Payments Innovation
Driving Outcomes With Vaulting Innovations
June 16, 2023

Historically, businesses have viewed payments vaults as a security and compliance cost of doing business, but with advancements in areas such as tokenization and life-cycle management, vaults can already help merchants save time and money. PYMNTS examines how third-party vault automation can drive new sources...

Payments Innovation
How Payments Vaults Can Improve the Bottom Line
June 15, 2023

Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust...