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Themes & Takeaways From the 2022 Real-Time Payments & Fraud Management Summit 

Perficient

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . These services are different from NACHA’s “Same Day ACH,” or Card Network solutions. Plan and adapt or chase and catch up. .

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Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’

PYMNTS

The increasing number of businesses using cards over cash could prompt some companies in the U.K. Contactless transactions using commercial credit cards surged nearly a fifth higher in 2019 than they had been prior, according to the U.K. Tom Wood, head of global liquidity and cash management at HSBC U.K.,

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Ivalua Launches Gov’t Procurement Tools Amid NYC Debacle

PYMNTS

Enterprise spend management company Ivalua is launching its solution designed for the public sector as criticism mounts over the firm’s contract with New York City. The suite includes a public portal of catalogs, as well as FOIA and bid protest management tools.

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New York Commuters Can Use Apple Pay On Subways, Select Buses

PYMNTS

Apple Pay is coming to New York City thanks to a partnership with the Metropolitan Transportation Authority or MTA. According to TheVerge, the rollout of Apple Pay is part of the MTA’s One Metro New York initiative in which it’s testing new payment methods for fares.

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

Called See You Tomorrow , its “re-commerce experience” will include an online marketplace and brick-and-mortar location housed in the Nordstrom New York City flagship store on 5th Avenue. It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch.

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The Public Sector Takes The Lead On eProcurement

PYMNTS

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. “That has to be the core of the system, to be able to manage procurement.”

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Mastercard General Counsel Tapped To Chair National Urban League

PYMNTS

Tim Murphy, general counsel for Mastercard , has become the 22nd chairman of the civil rights and urban advocacy group, according to a statement from the payment card network. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City.

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