Payments Innovation

NEW DATA: Better Customer Service Could Sway 3 in 10 Consumers To Switch Credit Cards
May 22, 2020

There is a growing list of things millennials have seemingly been blamed for rendering obsolete, such as cocktail napkins, casual dining and expensive engagement rings. Part of the reason why this generation supposedly has little interest in such mainstays is that they have become used...

Payments Innovation
The Big Jump: Pandemics And The Connected Economy’s Bigger, Faster Future
May 11, 2020

To understand when and how consumer demand will return and the impact it will have on federal and state efforts to reopen the economy, we need consistently refreshed data from a large national sample to get out of the quarantine “information bubbles” and see the...

Payments Innovation
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most recent earnings reports that contactless payments, especially in face-to-face transactions, surged by double digits year over year. Get the Full...

Payments Innovation
Payment Orchestration Platforms Conduct Business
May 04, 2020

Payment orchestration platforms (POPs) are suddenly everywhere as solution-shopping for the great American reopening gets underway in earnest. The inaugural edition of the Payments Powering the Platform Economy Report, a collaboration of PYMNTS and Payoneer, offers an in-depth examination of how tailoring payments to geographic...

Payments Innovation
Kroger Rolls Out Contactless Payment Option With Kroger Pay
April 29, 2020

With a new feature that takes away the need to use a debit or credit card, Kroger has rolled out its Kroger Pay contactless payment option. The function lets shoppers connect their payment information to their loyalty account at the grocery chain via an app...

Payments Innovation
Universities Seek Guidance To Grow Enrollment In A COVID-19 Era
April 23, 2020

To retain and fuel student enrollment for the 2020-2021 academic year, vertical payments company Flywire has unveiled a new framework. The “Planning with Confidence in the COVID-19 Era” report is based on input from institutions, global student communities and industry affiliations with insights to help...

Payments Innovation
How AP Automation Supports Business Continuity Plans
April 23, 2020

With his experience working with companies located in hurricane zones, Joel Wilhite, CFO of AvidXchange, knows how to properly execute business continuity planning, a necessity for companies in uncertain times. The accounts payable (AP) automation technology company helps businesses harness technology to run once-manual business...

Payments Innovation
Business Models Drive Integrated Payments Innovation
March 24, 2020

It’s easy to make things complicated. It’s harder to make them simpler, especially when it comes to payments. 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...

Payments Innovation
Red Hat: Innovating Payments The Open Source Way
March 17, 2020

To stay competitive, especially with digital startups unencumbered by legacy systems, traditional financial institutions (FIs) need to deliver seamless customer services to individual consumers and enterprise customers alike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...