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...
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...
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...
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...
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...
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...
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...
Spreedly has launched a payment vault solution that improves transaction success. Advanced Vault combines modern lifecycle features and network tokenization with active management to optimize how payment methods are stored, refreshed and used, Spreedly said in a Tuesday (June 6) press release. “We are offering...
As businesses and households embrace subscriptions and recurring payments, their payment service providers must adopt new approaches to keeping payment details on file. “No one likes to see a subscription that we use, and rely on, every day go dark because payment information was stale...
