February 28, 2020There is no shortage of pressure points where consumers are pushing for progress – faster payments, mobile wallets, unattended retail, 5G … take your pick. But for all the pressure ...
February 28, 2020Biweekly direct deposit is losing its cha-ching with job seekers — more Gen Z candidates expect to access their earnings instantly via ready-to-use payment tools. But redesigning company processes to ...
February 28, 2020Insurance-leaning digital payments solutions vendor One Inc has been acquired by growth-oriented private equity firm Great Hill Partners, according to a release on Wednesday (Feb. 26).
Great Hill‘s managing partner Matt Vettel ...
February 27, 2020A quick glance at the workforce of 2020 doesn’t immediately present itself as all that different from the workforce of the year 2000.
The major professions remain the same — doctors, ...
February 26, 2020A big change is coming to Mastercard, which will soon be marking the end of an era as its longtime CEO Ajay Banga departs from the role of CEO and moves on ...
February 26, 2020Checkout.com, which works in global payment solutions, has made an acquisition in French payment company ProcessOut, the company said in an emailed press release. Financial terms of the deal were ...
February 21, 2020It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
We have deep dives ...
February 20, 2020In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman Sachs warns that the coronavirus outbreak could cause ...
February 20, 2020 Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The ...
February 19, 2020With speed being the most obvious value proposition of real-time payments capabilities, and with businesses often looking to extend payment terms as long as possible, it’s difficult to imagine that ...
February 18, 2020The U.S. healthcare system is a multi-trillion dollar industry, but one rife with inefficiencies, especially when it comes to payments. In an interview with PYMNTS, Todd Harbison, chief revenue officer ...
February 14, 2020It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
We have deep dives ...
February 12, 2020Artificial intelligence, automation and cloud computing company Esker has integrated with Stripe Connect to help companies streamline the processing of payments across borders using a single provider, according to a ...
February 12, 2020 Real-time or instant payments have proved their worth to the businesses — and individuals — that need quick transactions to stay afloat. The benefits of such payment solutions include crucial ...
February 12, 2020In the last decade since the global financial crisis, the corporate treasury function has undergone a dramatic transformation. What was once a siloed area of the enterprise that was focused ...
February 11, 2020Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018, SWIFT announced on Tuesday (Feb. ...
February 11, 2020The latest data from Nacha found a new record-high growth rate for adoption of ACH payments, with B2B payments showcasing a surge in adoption of the legacy payment rail that ...
February 11, 2020To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional ...
February 7, 2020At the dawn of a new decade, healthcare stands poised to embrace digital payments, and finally kill the check.
Instant disbursements are fast cementing their place as a favored payout method ...
February 6, 2020In today’s market of real time, legacy payments infrastructure needs a facelift.
Recently-launched capabilities like Same Day ACH have unlocked opportunity to wield modern technology and build new solutions on top ...
February 6, 2020Breaking the legacy of batch payments can help corporate treasurers hit instant speeds — and access rich real-time payment data — with the right application programming interface (API) integrations. In ...
February 5, 2020 Application programming interfaces (APIs) may be underutilized in business and financial sectors. Recent surveys have found that many bankers and small business (SMB) owners are unaware of how to use ...
February 3, 2020As open banking frameworks continue to encourage bank-FinTech collaboration, the financial services market is exploring new ways to unlock data — not only with banks, but with each other.
That means ...
January 30, 2020Global payments solution firm Berkeley Payments is introducing DirectSend to offer corporates frictionless real-time transfers, the company announced on Thursday (Jan. 30).
Berkeley is also the first Canadian firm offering 3D ...
January 30, 2020It’s not just the speed of payments that’s important, but also the data that payment operators gain as more consumers use faster forms of digital and mobile transactions.
The collection, analysis ...
January 29, 2020Mastercard’s drive to scale digital payments across the ecosystem has led the payments network to find new ways to help FinTechs participate in this mission through its Accelerate program, giving ...
January 28, 2020When it comes to payment rail innovation, transaction speed is often the catalyst driving change. This week’s examination of the latest innovation initiatives finds this to be true both for ...
January 28, 2020Advances in data integration and automation have taken small- to medium-sized business (SMB) accounting to the next level.
In the effort to migrate SMBs and their accountants away from spreadsheets, technology ...
January 27, 2020With so much happening on the world stage between Davos and the Lunar New Year, headlines in the U.S. last week might have run the risk of fading into the ...
January 27, 2020 Payments companies are stepping into increasingly important roles as the global payment processing solutions market is slated to hit $62.3 billion by 2024.
Such firms cannot grow safely without robust security ...
January 27, 2020Legacy technology issues abound these days, but for sheer scale (and a good giggle) always look to the government. In 2018, one laughable incident involved the U.S. Air Force budgeting ...
January 27, 2020The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments activity.
New analysis from Bank Info ...
January 27, 2020In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and a large fraction of those ...
January 27, 2020Commerce Bank will strive to provide timely and convenient payments with its new partnership with Progressive Insurance in what they tout as a “truly strategic combination.”
According to an emailed press ...
January 24, 2020 Fifty-nine percent of U.S. adults still live paycheck to paycheck, and the realities of the situation are stark: These consumers often do not have funds to spare to cover emergency ...
January 24, 2020Instant money is reinventing the world of payments, except where paper checks inexplicably hang on as coin of the realm. Healthcare reimbursements are a prime example of an important business ...
January 23, 2020MUFG Union Bank is now offering business customers real-time payments on The Clearing House (TCH) RTP network, MUFG announced on Thursday (Jan. 23).
The RTP network provides instantaneous payments that allow ...
January 23, 2020The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. 23).
The new higher ...
January 23, 2020Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. Instant payments started 2020 ...
January 23, 2020Faster and real-time payments capabilities continue to proliferate in the global financial services arena, and consumers aren’t the only beneficiaries of the trend. Corporates, too, are beginning to explore opportunities ...