Payments Innovation

Payments Innovation
Payments Innovation Is About Keeping Top of Wallet to Top of Mind
October 24, 2023

The borders delineating digital technologies and payments are becoming increasingly blurred. And that’s a good thing. “We see payments moving up the funnel,” Rachel Moore, senior vice president and head of incubation at Synchrony, told PYMNTS as part of the “What’s Next in Payments series:...

Payments Innovation
Two Tiers of Payments Innovation Will Shape Industry’s Future
October 24, 2023

The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective is a lot of focus on faster payments,” Keith Vander Leest, head of payments at Cross River, told PYMNTS as part of...

Payments Innovation
TodayPay Gives Consumers Instant Refunds and Helps Merchants Avoid ‘Rocks in a Box’
October 23, 2023

It’s easier than ever to buy online, offline, to pick up in store or have things delivered. It’s easier than ever to check out, using all manner of payment options, from Apple Pay to Tap to Pay, Scan and Go and everything in between. But...

Payments Innovation
Discover Global Network Launches Cloud-Based Network Tokenization Platform
October 12, 2023

Discover Global Network, the payments brand of Discover, has launched its new cloud-based network tokenization platform. This platform aims to offer companies a scalable and flexible token solution to enhance the security and efficiency of their payment processes, the company said in a Thursday (Oct. 12) press release....

Payments Innovation
How Existing Payments Infrastructure Drives Innovation at Scale
October 10, 2023

The way money moves is evolving at a rapid and exciting clip. Fueling its rocket-ship acceleration are the twin engines of behavioral expectations grounded in digital convenience, and an increasing boom in the technical infrastructure capable of supporting the realities of those growing expectations. “I...

Payments Innovation
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
September 08, 2023

In today’s digital age, money talks in bytes, not bills.  And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money movement increasingly evolves from greenbacks to screen taps.  That’s because traditional and legacy payment systems are primed for an upgrade...

Payments Innovation
Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty
August 14, 2023

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS in an interview that in the age of digital commerce, dynamic routing can be key to customers’ loyalty to merchants. And to get there, it helps to differentiate payments orchestration from payments optimization....

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...