Paper checks are a serious payments misplay. Consider Minor League Baseball’s Jacksonville Jumbo Shrimp: Hundreds of employees would crowd into the club’s ticket office right before game time to grab their payroll checks. Total whiff. So, the team changed its game plan. In this month’s...
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Exactly one year before Hurricane Florence began her reign of terror in the Carolinas, Karen Webster interviewed’s Ingo Money CEO Drew Edwards and Visa’s senior vice president and head of U.S. Push Payments Cecilia Frew on how last year’s twin disasters, Hurricanes Harvey and Irma, were...
For FIs, offering faster payments can be a game changer. However, enabling them isn’t always simple — FIs must choose whether to build a direct, expensive, labor-intensive connection to faster payment schemes or partner with, and become reliant on, a connected FI to gain access....
More corporates are showing an interest in real-time payments — and financial players are gearing up to help. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The disquieting statistic that every potential entrepreneur must consider before deciding to take the plunge and starting their own small business (SMB) is that half of all small businesses fail in their first year. It’s a rough number, WePay Co-Founder Rich Aberman told Karen Webster for...
Retailers say that card processing fees take a bite out of sales. Then why not, asks Marion King, director of payments at NatWest, remove card rails and replace them with new, real-time payment rails? In this month's Faster Payments Tracker, King says using new real-time...
Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...
