payments innovation

Payments Innovation: Beyond The ‘Wow’

What would you say if someone asked you to name the most important innovation in payments over the last five years? We...

KeyBank Invests In Billtrust For AR Automation

KeyBank is working with accounts receivable company Billtrust to launch a new AR platform for its corporate clients. In a deal signifying...

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International

Geoswift, Western Union, UnionPay Launch Tuition Pay Promotion for Chinese Students

Geoswift, Western Union Business Solutions and UnionPay International have announced the latest joint tuition payment promotion available to Chinese students studying in...

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What Walmart Pay Knows That Apple Pay Doesn’t

A lot of exciting things have happened in payments — and commerce, more broadly — over the last three years. PayPal became pals with...

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U.S. Bank Unifies Global Commercial Card Platforms

U.S. Bank is offering a new service to corporate card managers in need over overseeing company cards around the world. Reports Monday...

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How One CEO Sees The Payments Evolution

In the last 10 to 20 years, technology has transformed the payments industry. Consumers are no longer reaching for their physical wallets...

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Faster Payments

Lyft Announces Receipt Forwarding for Business Travelers

Lyft said Tuesday that it is debuting a new feature, receipt forwarding for business travelers and travel managers. The ride hailing company...

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Partnerships / Acquisitions

Commuting’s a Drag, But Contactless Can Ease the Misery

Summer’s here, and the commute is likely sticky and dreary and just as long, or longer as it ever was. We waste...

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Payment Methods

Valitor Acquires Chip & PIN Solutions To Broaden Its Direct Merchant Services

Valitor, a Fintech payment service company announced Wednesday (July 5) the acquisition of Chip & PIN Solutions, a U.K. card-based payment provider....

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Worldpay Agrees to $9.9B Merger with Vantiv

Vantiv in, JPMorgan out. In a swift denouement to merger speculation that Worldpay, the biggest payment processing firm in the United Kingdom,...

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In FinTech Innovation, Size Isn’t Everything

Sometimes, the largest banks can be slowest to innovate, but in today’s FinTech ecosystem, FIs can’t afford to stand still. Matthew Williamson,...

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B2B Payments Surpasses B2C In Profit Potential, Experts Say

In terms of innovation and profits potential, B2B payments are surpassing those in B2C according to a new report. The report was...

Payment Methods

ACI Worldwide Launches Alipay In South Africa

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced the launch of Alipay in South Africa, via...

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Matchmakers

Switching Rent Payments From Analog To Digital

While the world of payments has mostly gone online – rent remains stubbornly analog in the age of digital. According to a...

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Mobile Applications

Credit Card Management App Tally Launches In Several States

Tally, an app that helps pay and organize credit cards, has officially launched and is now available to half of all U.S....

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Mobile Commerce

Monese Adds Direct Debit Capability To Its Mobile App

Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed...

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INTL FCStone Boosts Non-Bank Participation In SWIFT GPI

SWIFT’s global payments innovation initiative, or SWIFT gpi, gained a new member as INTL FCStone announced its Global Payments Division will join the...

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Mastercard

Divido’s Smart Path To POS Financing Growth

Installment loans in retail are not new – they’ve been around in some form for the last three or four decades. But...

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News

Snap And Innovation That Goes Old School

We’ve all heard the phrase “don’t reinvent the wheel” — a metaphor for not wasting time perfecting a perfectly good idea that’s stood...

Skava On Meeting Payments Innovation Challenges

The world of payments is no doubt in the midst of a major transformation. Vivek Agrawal, executive vice president of technology solutions...

WEX Answers B2B Payments’ Four Big “Why’s”

In the complex payments space, it’s often innovate-or-die, especially when it comes to cross-border payments methods and payments technologies. Bob Sneed, VP...

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Payment Methods

Ingo And The ‘Kill The Check’ Push (Payment)

Push payments are on the rise. The check may be at the end. Maybe. With a little assist, perhaps from the first...

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Ixaris Adds Competition To B2B Payments Innovation

Last year, payments technology company Ixaris announced it would spin off some of its operations to form a separate unit dedicated to...

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Capital One Gauges Payment Execs’ Tech Appetite

Capital One released a new survey Thursday (April 6) to uncover why payment professionals who aware of the benefits of new technologies are...

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Smoothing Out Innovation’s Bumpy Ride

Making innovation stick is a total balancing act. It’s not just about pushing something out to the market the fastest, as other...

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NACHA Takes Collaborative Approach On API Standardization

The rise of APIs in banking and FinTech can unlock greater usability of innovative solutions but also presents some difficult questions for the space....

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Payments Canada Picks Accenture To Assist In Modernization Initiative

Payments Canada has selected global consulting firm Accenture to help it lead Modernization, the multi-year initiative to transform the infrastructure and rules...

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Time For B2B Payments To Get Standardized, Says Nordea

A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. According to...

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Why Payments Security Is Vital To Innovation

There’s no doubt that innovative payment solutions, without the proper security to safeguard the sensitive transactional data, won’t get far. Consumers and...

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Blockchain’s Future Depends On FinTech-Bank Communication

Banks and FinTechs are going in on blockchain technology, as two separate reports released earlier this month conclude. Analysis from Corporate Insight...

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FinServ At The Intersection Of ‘Expertise, Functionality And Experience’

For Fiserv, a focus on financial services innovation means a focus on the end-user experience. As a company that works primarily with...

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Why Value Is Innovation’s Sticky Secret

Who says you can't teach an old dog new tricks? Just because a business has certain behaviors that have been in place...

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CSI globalVCard Steps Onto Global Stage

The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses...

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Employees Losing Faith In Corporate Innovation

An organization can include all the innovative buzzwords it wants in employee presentations, but the efforts aren’t impressing workers, says new analysis...

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Capgemini Launches PSD2-Compliant Bank Platform

Consulting firm Capgemini has launched a new platform for banks to provide services compliant with the new Payment Services Directive of the European...

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Why Faster Payments Need Flexible Technologies

You can test all you want, but for payments innovators, the true test only comes when a solution is released out into...

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Why B2B Payments Can’t Shake Its Anti-Innovation Notoriety

B2B payments have a reputation for being slow to innovate, though the last couple years has challenged that notoriety. Faster payments initiatives,...

The Payments Innovation Power Shift

No longer is power solely in the hands of banks and financial institutions. As both consumers and businesses get smarter, payments innovation...

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What Do Hillbillies Have To Do With Payments Innovation?

J.D. Vance made “Hillbilly” and “Elegy” a part of our mainstream vocabulary last summer with the publication of his best-selling book, The...

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Seeking A Better Way To Test The Newest Payments Tech

Alongside the expansion of payments technologies, payment testing service providers have had to grow and flex to meet market needs. Companies like...

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CSI globalVCard Incubator Calls For More B2B Payments Innovation

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of...

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Payments 2016: The Year Of Partnership Via API

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of...

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Payments 2016: The Year Of The ‘Ecosystem,’ Redefined

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of...

Payments 2016: The Year Of Ubiquitous Real-Time Payment Settlement

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of...

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Payments 2016: The Year Of An Incredible Shift In Retailer And Consumer Expectations

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of...

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What Industry Players Really Expect From 2017

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take....

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Payments 2016: The Year Of “Hesitation”

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of...

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Payments 2016: The Year Of Major Shifts

Commerce paradigms are shifting, but with new technologies and quickening innovation, the question remains if real value is still being delivered. Michelle...

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