Payments Innovation

Payments Innovation
Merqueo on Leveraging Payments Orchestration to Ensure Smoother Payments Experiences
June 23, 2022

In this month’s "Payments Orchestration Playbook," PYMNTS talked with Cristian Niño, group product manager for LatAm delivery aggregator Merqueo, about the need to seamlessly integrate new gateways and reduce the impact and expense of downtime, especially when time really matters.

Payments Innovation
Merchants Mull Payments Orchestration as Downtime, Outages Disrupt Business
June 22, 2022

Digital payments are essential to making eCommerce happen, but they can sometimes be less than reliable. Payment provider outages can occur without warning and last hours at a time before the provider fixes them on the back end, and customers are unwilling to wait that...

Payments Innovation
Real-Time Demand Will Boost EU Open Banking Payments, Says Worldpay EMEA GM
June 20, 2022

Whether it’s the rapid normalization of contactless payments, the buy-now-pay-later boom or the growing interest in cryptocurrencies, the payments industry has been evolving at a rapid pace. In Europe, the Middle East and Africa (EMEA), this evolution takes on a different shape depending on which...

Payments Innovation
Africa’s Digital Future Beyond Mobile Money
June 17, 2022

It seems like an exciting time for PayTech — payments technology — in Africa. Across the continent, central banks and regulators are joining forces with the private sector to deliver a more streamlined, increasingly digitized payment ecosystem to meet the growing consumer preference for faster,...

Payments Innovation
Spreedly Launches Network Tokenization Program with Mastercard
June 14, 2022

Payment orchestration platform Spreedly debuted its Network Tokenization for Payments program, enabled by Mastercard’s MDES for Merchants (M4M), according to a Tuesday (June 14) company press release. The new offering lets customers choose network tokens or secure, vaulted primary account number (PAN) tokens, both of which...

Payments Innovation
Scrypt Offers Payments Innovation Through Visa Fintech Fast Track
June 13, 2022

Payables automation platform Scrypt has joined Visa’s Fintech Fast Track program, allowing the company to accelerate its reach, capabilities and security through the company’s global payments network VisaNet, according to a Monday (June 13) press release. Scrypt’s accounting platform is based on a data operations...

Payments Innovation
NEW REPORT: FinTechs Win When Money-In, Money-Out Systems Are Synced
June 10, 2022

Financial institutions (FIs) and FinTechs seeking to deliver optimal payments and disbursement experiences require a powerful tech stack that includes compliance, transaction management and robust scalability. For many of these organizations, creating a tech stack capable of managing growth, compliance and the seamless “any-to-any” payment...

Payments Innovation
NEW REPORT: Why Two-Thirds of US Businesses Resist Real-Time Payments Adoption
June 09, 2022

Real-time payments have become one of the key tools that United States businesses have at their disposal to keep their business-to-business (B2B) operations running smoothly. Not only do 22% of them report benefiting from the instant funds availability that real-time payments provide, but many also...

Payments Innovation
The Data Point: 42% of FIs Say Cross-Border B2B Transactions Suffer From Lack of Supplier...
June 08, 2022

Neither the pandemic nor economic cooling is stopping the progress of cross-border trade, but companies doing business internationally know their payments tech needs attention. Needing B2B payments, cash management and invoice reconciliation simplified and made more manageable, mid-market and enterprise companies continue seeking ways to...