payments innovation

Today In Data: Digital Payments Take Two Steps Forward, One Step Back

That digital payments are moving forward fast is inarguable at this point. You can see it in the explosive growth of P2P payments in the...

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Mobile Payments

SWIFT Pre-Validates, Singapore Eyes Mobile Payments Push

Amid an embrace of mobile payments and a push toward consumer choice, sometimes payments infrastructure must change. This week, the Monetary Authority...

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Why Certainty Rules Payments

I needed a few outdoor cushions earlier this season and hired a local upholstery shop to make them. This small business is...

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Matching Retail And Payment Perceptions To Realities

There are many things modern consumers perceive as true, even when they aren’t. One might be tempted to think cash is on...

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Travel Payments

Fighting The High Cost Of Travel Payments

Airlines and hotels are not payments companies — and they don’t want to be. They are in the business of flying planes...

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Ridesharing

What Innovators Can Learn From Uber Cash

Long before innovators began talking about the power of ecosystems to transform commerce, scientists spent centuries studying them under microscopes in their...

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Ridesharing

Uber’s Newest Project? Reinventing Its Payments Experience

The transportation company that innovated payments by delivering the Uber experience is at it again — this time, by making it easier...

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Payment Methods

NXP On Plastic Cards: There’s A Lot Of Life Left

The plastic payment card is dead. Long live the plastic payment card! Forgive the whipsaw attitude, but that’s how it can feel...

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How To Fix Healthcare Payments

Back in the good old days of healthcare, the employer paid for all (or most) of the freight, and the out-of-pockets for...

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Today In Data: Better Ways To Buy, Better Ways To Live

Yesterday’s earth-shaking innovation can so easily slip into becoming today’s discarded idea that the transition can be easy to miss – the A&P...

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Online Platforms: Why Consumers Rule And Regulators Don’t

A few weeks from now will mark the 72nd anniversary of a federal court decision that found grocery store chain The Great Atlantic...

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Regulation

FinTech Firms On The New FinTech Charter

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves...

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Why Household Finances Under The Hood Don’t Look So Good

Paul McCartney and The Beatles may have told us that money can’t buy us love, but new research claims that it can...

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PayPal Rolls Out Checkout With Smart Payment Buttons

Today PayPal is launching Checkout with Smart Payment Buttons, the latest salvo in the firm’s ongoing war against checkout friction. Friction during the...

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Are Retailers Ready For Amazon’s Prime Time?

My plan on Friday evening was to write a hard-hitting piece on a services segment with incredible marketplace friction. Then I went...

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Partnerships / Acquisitions

Amazon: QSRs’ Big Threat Or Essential Lifeline?

The restaurant industry today is a study in contradictions. Census data tells us that roughly 44 percent of what consumers spend on...

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TSYS Buys iMobile3, Bolstering SMB Reach

Three months ago, the “build vs. buy” debate got a fair amount of digital ink in these digital pages, focused on merchant...

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Meeting Customers Wherever They Are (Literally)

Why deliver oneself to a store — and face the hassle of heat, crowds and parking — when the store can deliver...

Visa’s Hackathon Winner, Hermyz, Takes B2B Payments Inspiration From Slack

Visa’s latest fuel to the B2B payments innovation fire came in the form of its inaugural Small Business Hackathon earlier this year....

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Small Businesses Shun Innovation For Fear Of Debt

Small businesses (SMBs) prefer not to seek funding to finance their innovative endeavors, according to new research from BMO Wealth Management, which suggests...

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Can FinTech Walk The FinTalk?

Benjamin Franklin is best remembered as a signer of the Declaration of Independence in 1776 and a prolific inventor who created the...

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How To Future-Proof A Financial Institution

As Muhammad Ali once said, “Float like a butterfly, sting like a bee.” Translated for the financial services sector, this idiom might...

EMV

More Than Half Of Cards Issued Globally Were EMV-Enabled

Data from EMVCo shows that 54.6 percent of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the...

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Visa, SBA To Host Small Business FinTech Hackathon

Visa and the U.S. Small Business Administration (SBA) are hosting a small business (SMB) hackathon later this month to promote the development of...

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Stripe Rolls Out Billing Amid Subscription Business Boom

To simplify the recurring billing process for Software as a Service (SaaS) and subscription-based companies, Stripe has rolled out Billing. The service combines...

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Mastercard Talks Securing Innovation, And Innovating Security

In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a...

Canadian Firms Want Greater Supplier Payment Choice, Survey Finds

Small businesses (SMBs) in Canada want more payment options, both in how they accept payments from consumers and how they pay their...

SWIFT Reveals Success, Future Challenges Of Blockchain PoC

SWIFT has offered another update on its blockchain proof of concept (PoC), reiterating its potential to enrich transaction data, support real-time liquidity...

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Security & Fraud

Why Innovation’s Fast Pace Shouldn’t Slow Down Payments

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is...

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Payment Methods

Paying City Hall, At The Kiosk And Beyond

You can’t fight city hall, goes the saying, but there are new ways to pay city hall. News came earlier this month...

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Feb. 24: The Unsung History Book Hero

Some days will always be remembered — Oct. 29, 1929, for example (a.k.a. the Wall Street Crash of 1929). Others are symbolic...

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Picking America’s Next Top FI Payments Innovator

When it comes to bank innovation, size doesn't matter: any financial institution, large or small, can be a top performer with the...

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Half Of Payments Executives Are Focused On Peer-To-Peer (P2P) Payments

With the advent of emerging FinTech startups, banks face some competition for payments. When a consumer or a company wants to send...

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The Numbers Behind Payment Executives’ 2018 Forecasts

PYMNTS.com got 39 of the payments industry’s top CEOs and executives to sound off on what’s next for the year and beyond....

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Data

In The Age Of Big Data, Why Are We Still Flying Blind?

In a world where we’re bombarded daily — even hourly — by data points on everything from stock prices and market cap to...

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Why B2B Payments Innovation Is Key To China’s Global Standing

B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of...

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Banking

Vocalink CEO On Making Payments Faster, Sooner

Call it agility. Or, in a more long-winded fashion, that nimbleness which brings together new and existing rails, melding legacy systems with...

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The Middle Market’s Expense Management Conundrum

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because...

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When B2B Payments Innovation Is All Talk, No Action

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. A notoriously clumsy, friction-filled industry, B2B...

What Payments Innovators Can Learn From Monkeys

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What Payments Innovators Can Learn From Monkeys

About 30 days from now, most of you reading this who made a New Year’s resolution will have broken it. Don’t feel...

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Retail

Kroger’s Quiet Digital Grocery Push

The grocery realm has attracted many big headlines over the last few years — a phenomenon that went into overdrive six months ago...

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International

Payments Innovation Down Under, Organized By Tribes And Squads

Member of the tribe? Or maybe part of the squad? If both terms sound out of place in banking or payments and...

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Merchant Innovation

Mastercard’s Miebach On 2017’s Big Payments Breakthroughs

While everyone is looking ahead to 2018, it’s worth a look back at some of the major payments milestones of 2017. For...

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International

UAE Exchange CEO On FinTech Hubs And Ready Regulators

Beyond bitcoin, payments saw its share of innovation in developing markets, powered in part by financial hubs. In an interview with PYMNTS,...

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Merchant Innovation

How Will We Pay In 2018?

A wise man named Ferris once said, “Life moves pretty fast. If you don’t stop and look around once in a...

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Mouth, Meet Money In Payments Innovation

Financial institutions know they have to innovate against a hyper competitive and changing landscape. Firms large and small are eyeing opportunities to keep...

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NEW DATA: How IT Infrastructure Holds FI Payments Innovation Hostage

When IT Becomes a Drag on Innovation FIs want to innovate – 97 percent of banks and credit unions surveyed told PYMNTS...

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Payment Methods

In Financial Services Innovation, Disruption Isn’t Everything

In payments, innovation doesn’t always have to materialize in disruptive waves, but can come, rather, through incremental evolution. In an interview with...

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