Watch more: What’s Next in Payments With Maverick Payments’ Bill Christensen The human who approves a merchant account may eventually review fewer files, but the cases left on that person’s desk will demand more judgment. For Bill Christensen, senior vice president of risk and underwriting...
Watch more: Your Payments Got Smarter. Did Your Infrastructure? Faster payments compress the time available to catch a bad transaction, reconcile an exception or determine whether the party moving money is who it claims to be. Speedier payments put more pressure on infrastructure that customers...
The most useful thing an executive learns all year may be that a familiar measure of success is pointing in the wrong direction. Faster customer service can mask processes that create unnecessary work. More financial information can leave consumers less confident. More automation can move...
Watch more: Beyond the Rails: The Infrastructure Powering Payment Partner Ecosystems Payments companies have spent years bragging about how much volume their technology can handle. That could be the wrong measure. The harder problem is what happens when every new dollar of payment volume arrives carrying...
Much of payment processing already happens without an employee touching the transaction. The “hands-on” interactions come when payments fail to clear, or transactions trigger fraud reviews. In other cases requiring manual oversight, payments don’t match the invoices, ledgers or bank records surrounding them. The August...
BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. 1) press release. When this capability is enabled in a platform, BMO’s eligible...
Ebanx is preparing to expand its payments operations into Pakistan while rolling out an in-house Apple Pay token-decryption system across Latin America and the Caribbean, as the payments company seeks to build infrastructure around local payment methods and emerging digital commerce markets. The company announced...
Moov has announced Moov Money, a real-time, person-to-person (P2P) payment solution. Created in collaboration with Visa and Mastercard, Moov Money lets consumers send and receive funds through their digital banking provider with just an eligible debit card and a trusted mobile phone connection, the company...
Mastercard said it has helped Denmark’s Danske Bank reach an agentic payments milestone. Using Mastercard’s Agent Pay, Danske was able to complete a transaction in which an artificial intelligence (AI) agent made both the purchase and payment on a customers’ behalf, the payments giant announced...