The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in payments technology and digital currencies, including stablecoins, Reuters reported Wednesday (Aug. 26). The proposed objective aims to ensure that regulation keeps up with changes in technology, and...
Watch more: What’s Next in Payments With Jakob Harrison of FIS Jakob Harrison said he does not buy the idea that payments executives should spend their days looking over their shoulders. There are too many things to look at. Artificial intelligence is advancing. Agentic commerce...
Watch more: Need to Know With Thales’ Caio Reis Banks are rebuilding payments systems for transactions that may soon be initiated by software rather than people. That prospect changes what issuers need from the technology beneath a payment. Caio Reis, vice president of strategy at...
Watch more: Need to Know With Maverick Payments’ Jonathan Aguilar Merchant acquiring has a multiplication challenge. Payments companies want more merchants, but adding salespeople one at a time is a costly way to get them. That is pushing more attention toward one-to-many distribution models in...
Digital transformation is usually presented as a ladder. Companies begin with a few foundational capabilities, add more sophisticated tools over time and become incrementally more efficient with each step. But findings in the July edition of The Orchestration Advantage Series, a PYMNTS Intelligence collaboration with...
Watch more: Need to Know With One Inc’s Kishore Konakanchi For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A premium must be collected. A refund must arrive. Those transactions often define the customer’s impression of the...
Open payment platform provider Spreedly on Wednesday (July 15) announced the launch of a standalone payment vault, a move that allows merchants to store and manage customer credentials without committing to the company’s full payments orchestration suite. The decision to unbundle the vaulting service reflects...
Payments are now part of the customer experience layer, the uptime layer and the revenue operations layer. That means they can no longer be managed only as finance infrastructure. Findings in “The Orchestration Advantage: How Routing Architecture Shapes Payments Performance,” a PYMNTS Intelligence and Spreedly collaboration, reveal...
Watch more: The Digital Shift With Forage’s Ofek Lavian Today, 1 in 8 Americans receive Supplemental Nutrition Assistance Program (SNAP) benefits. Roughly 1 in 2 will qualify at some point in their lives. That is not a niche at the edge of grocery retail. That’s...