European payments on gas

Chris Skinner

Just before Christmas I heard of a new European payments initiative called PEPSI, short for Pan European Payment System Initiative. Backed by over twenty mainly … The post European payments on gas appeared first on Chris Skinner's blog. Grid Payments Regulation

Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K.,

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What the rise of in-app payments means for banks

Accenture

The expectations of customers when it comes to payments have changed radically in recent years. Payments that are instant, invisible and free (IIF) have quickly become the norm, especially in certain segments of the market like airlines, fashion retail, hotels and online travel agents.

When Instant Payments Are Just Payments

PYMNTS

In just three years, one word, one idea, has rewritten the payments rulebook: “instant.” Driven by faster phones, ingenious apps and sheer market force, the move to instant is pushing the boundaries of what’s possible with payments, opening up new worlds of risk and reward.

B2B Payments Speed Up

PYMNTS

If we’re talking about business-to-business (B2B) payments, the speed of business is nothing to brag about. The challenge for B2C companies is that they don’t have accounts receivable departments to support invoicing and payment on terms. Keeping B2B Payments Honest.

eBay accelerates payments push

Bank Innovation

eBay is pushing forward with efforts to move payments in-house instead of relying on PayPal. Carousel Daily Post 2 Payments Premium Product Design Adyen Apple Pay eBay Google Pay payments PayPal

New Instant Payment Networks Launch, From Aruba To Hungary

PYMNTS

Speed drives innovation, particularly in payments. In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions.

Graduating To Faster Payments

PYMNTS

Grade schools and colleges could use a massive textbook dedicated to payments – their own. Many schools get an F when it comes to payments, but the culprit might actually be the infernal “paper jam.” The writing is on the whiteboard: School’s out for paper payments.

Balancing payment innovation and trust

Mobile Payments Today

Payment security is central to the consumer experience with 54% of North America firms hoping to achieve higher customer satisfaction through improving the security of new payment technologies

Payment

Bank Innovation

Please select a gateway for payment

Smarter Payments Tracker Eyes Interoperability

PYMNTS

In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds.

Subscription Payments Meet Emerging Markets

PYMNTS

Effective subscription offerings require careful strategizing around payments, however. Should customers’ recurring payments fail, due to credit cards expiring or other issues, this could produce involuntary churn in which otherwise willing customers are accidentally dropped.

US consumers reluctant to embrace contactless payments

Bank Innovation

merchants and consumers believe in quick transactions at the point of sale, a Hanover Research survey commissioned by payments tech companies Ingenico and FreedomPay this month suggests consumers have lingering questions about the security of contactless payments. While U.S.

US 139

Corporate cloud-based payments: what’s that all about?

Chris Skinner

I was recently asked by Volante Technologies to consider what being a digital bank means, specifically for a commercial bank and, even more specifically, the bank’s payments and treasury services. Digital Bank Future Grid Innovation Payments

 Payments Fraud, Via Apps?

PYMNTS

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? In reference to payments, a hacker could conceivably change an invoice to help divert funds into different accounts.

Fraud 255

Payments’ Role In The Fourth Industrial Revolution

PYMNTS

To get a sense of where faster payments are headed, look to the consumer. There are dozens of faster payment schemes rooted or taking shape around the world — 54 at last count. Along with demand for faster payments , the information conveyed in them has significant value.

Google Backs FedNow Payments System

PYMNTS

central bank to consider modeling FedNow after the Unified Payments Interface (UPI) framework used in India, The Economic Times (ET) reported on Sunday (Dec. NPCI, the payment regulator governed by the Reserve Bank of India (RBI), launched real-time payments in 2016.

Google 199

Mobile Payment Terminals Get B2B-Ready

PYMNTS

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere.

Mobile 169

Suppliers’ Late Payments Woes Expand Across Borders

PYMNTS

Small businesses’ late payment pains know no borders. This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with the matter reaching from the U.S. South Africa Sounds Late Payments Alarm.

Collaboration is reshaping payments in 2020

Accenture

There’s no denying that the payments space has changed a lot in recent years. The post Collaboration is reshaping payments in 2020 appeared first on Accenture Banking Blog. Payments Collaboration payments ecosystem Payments Innovation

Succeeding in the future of payments

Insights on Business

The payments industry is at an inflection point. Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. Progressive approach to payments modernization.

Mastercard Rolls Out Global B2B Payment Service

PYMNTS

Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. Mastercard Track was originally launched in 2018 as a trade platform to address identity, compliance and payment management needs.

Payment Rails Search For Harmony In B2B Payments

PYMNTS

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. All of these payment methods come with their drawbacks.

Making Invisible Payments More Than A Buzzword

PYMNTS

From cash and coins to mobile wallets to wearables … to invisible payments. About 90 percent of purchases are still being made in-store, but the payment modalities are changing — and rapidly. Frictionless Payments. Invisible Payments .

Splitit partners with Visa for installment payments    

Bank Innovation

Splitit, a payments company that divides purchases into installments on customers’ existing cards, announced a partnership with Visa last week. Carousel Customer Experience Innovation Strategy Payments Premium Affirm Afterpay Bread Klarna Splitit Visa

Cards 139

Payment Players Launch U.S. Faster Payments Council To Speed Up Payments

PYMNTS

A group of payment players announced Tuesday (Nov. Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability.

Faster Payment Becomes A Federal Case

PYMNTS

There’s a battle brewing in payments. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Sensing that existing fast payments are not accessible enough, the Fed proposed the FedNow?

Balancing payment innovation and trust

Mobile Payments Today

The rise of digital payments has led to a series of complex issues surrounding how to make those transactions more secure.

Accounts Receivable Looks Inward To Combat Late B2B Payments

PYMNTS

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers.

Accuity Takeover Bolsters Payment Processing Tech

PYMNTS

With the acquisition of Apply Financial, Accuity wants to speed up payments for customers, it said in a statement Thursday (March 12). The move is in line with the general trend toward faster payments.

New Corporate Payment Tricks For Old Rails

PYMNTS

This week’s look at the latest in payment rail innovation finds solution providers largely embracing the opportunity to develop new technologies for legacy payment rails. Esker Consolidates Over-To-Cash Payments.

The Value Of Faster Payments

PYMNTS

The flow of money and data across borders is developing a new ecosystem in which payments data has as much value as the funds themselves. million: Total number of merchants participating in Singtel’s VIA cross-border mobile payments alliance. $1

Accelerating B2B Payments Through AR-AP Convergence

PYMNTS

Technology that aids in the collection process has a role to play in helping the customers of a business embrace electronic payments, for instance. In today’s digital world, automation is key to efficiency.

Retail’s 2020 Digital-First Payments Roadmap

PYMNTS

Consumers have always influenced how payment methods evolve – stretching back centuries to the barter system, and extending, now, into the digital age. And as payments are done in bits and bytes, across all manner of use cases, consumers prize convenience and personalization.

Retail 203

Visa: Business Payments Network Paves ‘Highway’ For B2B Payments

PYMNTS

In the B2B realm, payments travel anything but a straight line. Online, though, payments can travel the straight and narrow, especially across platforms that link supply chains in a marketplace setting. It’s the first supplier-driven B2B payments network,” she said.