Payment Innovation news and trends

Mastercard to Shift to Tokenization and Biometric Authentication by 2030
Payment Methods // November 13, 2024

Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims to make the change globally, replacing this process with a new one enabled by a combination of tokenization and biometric...

Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands
ResTech // September 25, 2024

The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized experiences, innovations in payment technologies are at the transformation’s center — and will define its future. “Today’s diners want a...

How to Ride the B2B Payments Innovation Wave
B2B Payments // July 02, 2024

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. All these factors can lead to longer DSO (days sales outstanding),...

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Payments Innovation // June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...

Interviews & Exclusives
Restaurants Serve Up Instant Payments to Keep Staff and Cash Flow Steady

September 30, 2025
Labor shortages, high turnover and shifting consumer habits are reshaping the restaurant industry, and payments are at the center of the transformation. What was once a perk—same-day pay, instant tips and real-time supplier payments—is quickly becoming a survival tool. For operators managing lean budgets and unpredictable staffing, instant payments are no longer optional. The pressures […]

Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands

September 25, 2024
The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized experiences, innovations in payment technologies...

How to Ride the B2B Payments Innovation Wave

July 02, 2024
B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and...

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments

June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he...

Quick Reads
Mastercard to Shift to Tokenization and Biometric Authentication by 2030

November 13, 2024
Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims to make the change globally, replacing this process with a new one enabled by a combination of tokenization and biometric authentication that will make online checkout smoother and more secure, […]

Opus Technologies Launches Payment Integration Framework for Financial Institutions

May 21, 2024
Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations, the company said in a...

Visa Completes Pilot Test of CBDC in Hong Kong

November 02, 2023
Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs). The pilot program, part of...

Spreedly Launches Network Tokenization Program with Mastercard

June 14, 2022
Payment orchestration platform Spreedly debuted its Network Tokenization for Payments program, enabled by Mastercard’s MDES for Merchants (M4M), according to a Tuesday (June 14) company press release. The new offering lets...