Payments Innovation

Payments Innovation
Galileo Aims to Bolster Bill Pay With ‘Payment Switch’
May 20, 2025

Galileo Financial Technologies and Atomic have introduced a product designed to enhance consumer bill payments. Galileo Payment Method Switch, announced Tuesday (May 20), makes it easier for people to update their default payment method, such as debit cards, credit cards and bank accounts, across merchants,...

Payments Innovation
Why Fast-Moving Issuers Win in a World of Customer Impatience
May 14, 2025

Anyone who wants to learn about a winning mindset can find no shortage of quotes to get inspired. Maybe the best one comes from the GOAT (Greatest of All Time) himself. “I’ve missed more than 9,000 shots in my career,” basketball legend Michael Jordan has...

Payments Innovation
Agentic AI and Tokens Make Loyalty Programs Personalized, Automated Drivers of Commerce
May 05, 2025

Agentic agents, automated payments and consumer-permissioned, data-rich tokens will transform loyalty and rewards — moving beyond the merchant-by-merchant siloed experience that is the hallmark of those programs today. In the report “Beyond Points and Perks: How Relevant Benefits Drive Cardholder Engagement,” a collaboration between PYMNTS...

Payments Innovation
Acquirers Turn to Tokens to Tackle Fraud, Streamline Payments
May 05, 2025

In the report “Bridging the Gap: Helping Acquirers Meet Evolving Merchant Demands,” a joint effort between PYMNTS Intelligence and Visa Acceptance Solutions, we found that “unified” commerce can improve interactions between merchants, acquirers and consumers. For consumers, the ease of a digital-first shopping journey is...

Payments Innovation
Acquired.com Joins Initiative to Create Central Operator for Commercial Variable Recurring Payments
May 02, 2025

Acquired.com joined 30 other organizations in a collective effort to create a new company that will work to establish and serve as a central operator for commercial variable recurring payments in the United Kingdom. Commercial variable recurring payments are a new payment method that enables...

Payments Innovation
Payments Processors Turn to Analytics and Embedded Finance to Combat Margin Pressure
May 02, 2025

Value-added services, once the free sprinkles card networks tossed on top of plain vanilla processing contracts, have become core product offerings in an industry racing to stand out and shore up margins. Competitive pressure, shrinking interchange spreads and merchants’ rising bargaining power are pushing processors...

Payments Innovation
Galileo Shares Blueprint for the Future of Value-Added Services
April 30, 2025

Banks and FinTechs have many of the same goals. They want to be top of wallet, offering everything from direct deposit to account linking and debit cards to help move money in myriad ways. Galileo Financial Technologies Chief Product Officer David Feuer told PYMNTS as...

Payments Innovation
Payments Integration Takes Center Stage for Cross-Border Commerce
April 30, 2025

If there’s a single word that has dominated payments — and the service economy at large — through the last few years, it’s integration. Integration of core payments functions, to be sure, but for processors, the opportunity is there to expand into a broad range...

Payments Innovation
Why AI-Powered Verification Is Banking’s New Best Friend
April 30, 2025

The service economy thrives on delivering frictionless and user-friendly experiences. For solutions providers catering to merchants and bringing them fully into the digital age, it’s critical to offer integrated payment solutions that can be embedded into platforms, streamlining the checkout process. One-click payments and mobile...