Third-quarter earnings results and a European bank launch show where FinTechs are finding room to expand. Existing customers are taking up more products and sending more payments through providers they already use, while a digital bank tested its offering locally before opening in a new...
Watch more: Need to Know With Mural’s Sinclair Toffa As stablecoins, real-time payment networks and artificial intelligence converge, financial infrastructure providers are confronting the fact that competitive questions are now becoming architectural ones. But building a system in which software can initiate transactions across borders,...
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...