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.
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
September 08, 2023  |  Partnerships

African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...

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From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
From Paper Trails to Digital Footprints: The Ongoing Evolution of Payments
September 08, 2023  |  Payments Innovation

In today’s digital age, money talks in bytes, not bills.  And PYMNTS has been closely tracking the “What’s Next” in digital payment trends as money...

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Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
September 07, 2023  |  Digital-First Banking

JPMorgan Chase is reportedly considering using blockchain technology to create a digital deposit token for faster cross-border payments and settlements, Bloomberg has reported, citing an anonymous source...

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Corcentric Unveils AR Management Tool in France
Corcentric Unveils AR Management Tool in France
September 07, 2023  |  Accounts Receivable

Procurement and billing solutions firm Corentric has launched its Managed Accounts Receivable (AR) solution in France to help eliminate issues that challenge AR departments. According to Xavier Pierre-Bez,...

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Mastercard and KredX Partner to Simplify B2B Digital Payments
Mastercard and KredX Partner to Simplify B2B Digital Payments
September 07, 2023  |  B2B Payments

Indian supply chain finance platform KredX has joined forces with Mastercard to streamline B2B digital payments. The collaboration will integrate Mastercard’s commercial card service with the KredX platform, eliminating...

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BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
BIS Finds Risks and Rewards in Insurance Industry as Big Tech Makes Digital Inroads
September 06, 2023  |  Insurance

Big Tech and big data have the opportunity to remake entire industries. The Bank for International Settlements (BIS) noted in its Aug. 31 paper, “From Clicks to...

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Financially Distressed Consumers More Open to Payment and Banking Innovations
Financially Distressed Consumers More Open to Payment and Banking Innovations
September 06, 2023  |  Credit Unions

Subprime account holders may be driven toward banking innovations in their quest for financial wellness. It’s difficult enough to tread water as a consumer with subprime...

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Credit Unions Counter the Growing Risk of AI Fraud
Credit Unions Counter the Growing Risk of AI Fraud
September 06, 2023  |  Digital Banking

Digital banking has become the primary way many members engage with their credit unions. These interactions are typically quicker and more convenient than traveling to...

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Basware CEO: 90% of Companies Can’t Pay a Supplier on Time
Basware CEO: 90% of Companies Can’t Pay a Supplier on Time
September 06, 2023  |  Commercial Payments

Nine months into his tenure at the helm of Basware as CEO, Jason Kurtz told Karen Webster the dynamics between buyers and suppliers are ripe...

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