Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.
Walled Garden LLMs Build Enterprise Trust in AI
Walled Garden LLMs Build Enterprise Trust in AI
September 19, 2023  |  artificial intelligence

It’s been nearly a year since generative artificial intelligence (AI) tools first hit the shelves. In the time since, the technology has captured both the...

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Virtual Cards in Hand, Fleet and Mobility Firms Seek to Modernize Working Capital Management
Virtual Cards in Hand, Fleet and Mobility Firms Seek to Modernize Working Capital Management
September 19, 2023  |  Commercial Payments

Fleet and mobility companies are turning the corner — a bit of pun intended — in modernizing payments, and the ways in which they leverage...

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Revolut Extends RevTags Cross-Border Payment Solution to Businesses
Revolut Extends RevTags Cross-Border Payment Solution to Businesses
September 18, 2023  |  Cross-border Payments

Revolut Business has launched a solution for businesses that aims to address the difficulties surrounding cross-border payments. The feature, RevTags, is a free and instant global...

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Co-op Solutions Appoints Chief Strategy Officer Dean Michaels as President/CEO
Co-op Solutions Appoints Chief Strategy Officer Dean Michaels as President/CEO
September 18, 2023  |  Personnel

Co-op Solutions has announced the appointment of Dean Michaels as the new president/CEO, following the departure of Todd Clark. Clark led the company through a period of expansive growth,...

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Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
September 18, 2023  |  CBDC

The use of digital cash is growing. Americans currently leverage digital payments for many — if not all — of their daily purchases, using credit...

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Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
Ebanx Views India Expansion as ‘Center’ of Its Payments Vision
September 18, 2023  |  Payments As A Service

Brazilian payments company Ebanx is reportedly preparing to expand into India by year’s end. As Bloomberg News reported Monday (Sept. 18) the company will soon begin letting global merchants...

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GoTab CEO: Kiosks Power Self-Service for Mobile Wallet Holdouts
GoTab CEO: Kiosks Power Self-Service for Mobile Wallet Holdouts
September 18, 2023  |  ResTech

As own-device self-service catches on across industries, restaurants are leveraging kiosks to reach consumers who have not adopted mobile payments, according to GoTab. The restaurant technology...

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How to PayFac: What Software Platforms Need to Know
How to PayFac: What Software Platforms Need to Know
September 18, 2023  |  Digital Payments

The merchant acquiring model has undergone many changes since the introduction of the first general-purpose credit card in 1958. Back then, acquiring banks were responsible...

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Consumers Want Banks to Make Paying Bills Easier
Consumers Want Banks to Make Paying Bills Easier
September 18, 2023  |  Consumer Payments

The bill payment process can often be a source of frustration for consumers, with a significant share experiencing difficulties when attempting to pay their bills....

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