Payments Innovation

Payments Innovation
C-Stores Step Up Self-Service Offerings With AI-Powered Tech
June 06, 2022

For convenience stores to make good on their promise to consumers, they must offer not only a comprehensive range of essential products but also a quick and seamless retail journey. Noting this need, global convenience store giant Couche-Tard announced last week that it is implementing...

Payments Innovation
Open Banking to Play Key Role in Accelerating Invisible Payments Trend
June 01, 2022

In today’s world where consumers are more and more inclined toward convenience, the arrival of new payment methods has lifted the bar higher in terms of consumer expectations for instant, frictionless and secure payment experiences. According to a research study conducted by U.K.-based open banking...

Payments Innovation
How ‘Super FinTechs’ Enable Go Anywhere Banking Services
May 31, 2022

In much the same way that a myriad of standalone apps are now converging into “super apps,” the emerging “super FinTech” model is powering new payment experiences leveraging digital trust for banks, nonbanks, FinTechs, moving the connected economy ahead in the process. Before diving in...

Payments Innovation
This Week in Payments: Developers, Banks, Businesses Pursue Embedded Payments Innovations
May 20, 2022

It was a big week for embedded payments innovations, with a developer in the space achieving unicorn status, banks identifying them as urgent priority in new research and businesses increasingly adopting them as part of their digitization efforts. Airbase Founder and CEO Thejo Kote joined PYMNTS to discuss...

Payments Innovation
The Data Point: 92% of FIs Embrace Embedded Finance to Boost Customer Experience
May 20, 2022

Payments modernization remains the order of the day in 2022 as companies of all sizes decide how to proceed with implementing solutions to reduce friction in B2B payments. Financial institutions (FIs) small and large rely on automated account validation and digital lockboxes but realize that...

Payments Innovation
Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
May 13, 2022

The global market for Software-as-a-Service (SaaS) has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028. According to Griff Parry, co-founder and CEO at U.K. FinTech firm m3ter, most of these SaaS businesses are deploying subscription-based pricing and...

Payments Innovation
Money Mobility: FinTechs Turn Paper Checks Into Digital Money-In Capabilities to Attract New Customers
April 28, 2022

Today’s consumer needs more than mere convenience. They want money mobility — the option to receive any type of disbursement and transform it seamlessly into an outgoing payment or transfer it easily into any account. Seamless “any-to-any” payments and disbursements options are at the heart...

Payments Innovation
Prepaid Cards Use Tokenization, New Form Factors in Pursuit of Better CX
April 25, 2022

We never knew how cool — and extremely useful — payments options could be until we began to have so many to choose from. That’s putting customer experience into the frame more than ever as people decide on their preferred payment methods and providers vie...

Payments Innovation
This Week In Payments: Netflix and BofA Face Vastly Different Customer Shifts
April 22, 2022

With earnings reports and new surveys from PYMNTS, this week saw lots of numbers in the news. They showed that there’s room for growth in the global digital transformation, that digital banking is overtaking paper checks, and that consumers are practicing some spend management when...