Payments Innovation

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...

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...