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Digital payment software firm ACI Worldwide is partnering with InComm Payments to help consumers pay bills — from utility, cable and insurance to higher education and more — with cash. MORE
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 RegulationNice acronym although I prefer Coca-Cola, the Co-ordinated Car Co-operative Association. Or something like that. Anyways, whichever Cola you prefer, this new initiative is interesting. MORE
In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. MORE
The holiday online shopping trend jumped from over 13% in 2019, to nearly 20% in 2020, according to Mastercard. Jordan Reynolds leads the e-Commerce and Marketplace verticals at Ekata. He shares data and insight on how 2020 may have changed shopping forever MORE
Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. The post Why ISO 20022 is a seismic shift for payments appeared first on Accenture Banking Blog. Uncategorized ISO 20022 Payments Standards MORE
In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place. MORE
Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments MORE
Central bank digital currencies (CBDCs) would help advance the digitalisation of payments and the economy as a whole. Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank. MORE
Venues are piloting payment technology as a way to promote less contact and shorter lines. Digital payments Coronavirus Cash MORE
This thought leadership piece looks at Instant Payments in the Middle East – how this innovative trend being implemented in the region and elsewhere is changing the payments landscape, and what banks should do to fully leverage its value. MORE
Drilling down a bit into those innovation efforts, he said, FinTechs and software companies, in general, are trying to become payment companies. They’re embedding payments within a specific workflow and have the opportunity to create seamless user experiences around payments. MORE
B2B payments have gone through major changes in the past couple of years, and COVID-19 has only sped up that process. MORE
In the first post in this series, we looked at the major trends driving disruption in payments today. This time, we’ll look at how these trends will actually impact the industry by geography and by payments instrument. Uncategorized Disruption Payments MORE
By eliminating middlemen, cross-border blockchain payments can result in even faster transfers while significantly reducing costs for both merchants and customers MORE
eBay is pushing forward with efforts to move payments in-house instead of relying on PayPal. The company is taking a staged approach to its payments product launch with the goal to reach full rollout by 2020, a move that will let the company take control of the user experience, grow revenue and reduce overhead costs […]. Carousel Daily Post 2 Payments Premium Product Design Adyen Apple Pay eBay Google Pay payments PayPal MORE
Many banks today are not seeing the returns on their investments in payments modernisation they hoped for. New research from Accenture confirms that only a handful of banks have unlocked material business value from their payments modernisation…. Uncategorized cloud Payments MORE
The technological seeds that have made these developments possible were planted more than a decade ago, with the steady growth of digital payment platforms and cloud-based technologies that support electronic payments. MORE
Matt Montes is U.S. general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services. He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S., MORE
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. The contactless solution facilitates instant payments over wifi so funds are cleared before the customer leaves the premises. . MORE
Global Payments Inc. Global Payments will migrate its merchant acquiring infrastructure to Google Cloud and will equip Google with merchant acquiring services, while both companies will roll out go-to-market and co-sell activities jointly, according to the announcement. “We MORE
Contactless payments Digital paymentsThe post-pandemic world requires serving multitasking consumers. Checkout.com exec and Card Forum: Contactless presenter Bradley Riss discusses how that works in a preview of our virtual conference. MORE
Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. To use the tool, customers electronically send payment instructions, which are routed to the WellsOne Virtual Card Payments service, the release stated. MORE
Mobile Payments Today interviewed Hannes Van Rensburg, chief commercial officer for Clickatell's on the subject of chat commerce. Hannes shares his thoughts regarding this unique type of commerce and what it could mean to the mobile payments industry moving forward MORE
2020 was a difficult year in many aspects, but it also challenged the payments industry to find new solutions to work through the limitations of the pandemic. Seth Brennan, CEO of North Lane Technologies, a payments industry veteran, shares his thoughts on the year ahead MORE
The ultimate goal in the payments world is invisibility — a transaction that happens so seamlessly that it fades into the background of a purchase path, barely registering in the customer's conscious mind. They need to process those payments at the maximal acceptance rate and the minimal cost. MORE
The world of payments is in turmoil, with no end in sight. In the previous posts in this series, we’ve detailed the trends driving this disruption, and zoomed in on the rapid change around the world and by payments instrument. Uncategorized Disruption Payments MORE
Let's take a look at the what blockchain is, and how it can help transform the mobile payments industry MORE
As corporates continue to find themselves inspired by surging bitcoin values and a massive crypto haul by Tesla , the digital currency ecosystem is beginning to drum up more interest within the corporate treasury and B2B payments arena. Payment Rail Pains. MORE
New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. MORE
TruckPay will now allow logistics payments with cryptocurrencies, according to a press release. Bitcoin, Ethereum and Stellar Lumens will be available as payment options on the TruckPay Fleet Management and MyTruckScales platforms, the release stated. MORE
Western Union Business Services , the payments arm of Western Union, is looking at expanding its cross-border payment services for business customers, a press release says. Customers expect, and now have, payments that are faster, traceable, transparent, consistent, and more reliable. MORE
Kate Fitzgerald, senior editor at PaymentsSource, talks to Eric Grover, principal at Intrepid Ventures, about the political activities that hinder the expansion of payment systems. Digital payments Biden Administration China PayDirt MORE
Payments Related Topics Mobile Payments Today
DECEMBER 28, 2020
2020 was a difficult year in many aspects, but it also challenged the payments industry to find new solutions to work through the limitations of the pandemic. Seth Brennan, CEO of North Lane Technologies, a payments industry veteran, shares his thoughts on the year ahead
Mobile Payments Today
JULY 28, 2020
The COVID-19 pandemic has accelerated the use of digital payments and moved the debate over a cashless society to a near-term consideration
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Payments Source
FEBRUARY 4, 2021
Venues are piloting payment technology as a way to promote less contact and shorter lines. Digital payments Coronavirus Cash
Accenture
MARCH 2, 2021
Many banks today are not seeing the returns on their investments in payments modernisation they hoped for. New research from Accenture confirms that only a handful of banks have unlocked material business value from their payments modernisation…. Uncategorized cloud Payments
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Mobile Payments Today
DECEMBER 22, 2020
Mobile Payments Today interviewed Hannes Van Rensburg, chief commercial officer for Clickatell's on the subject of chat commerce. Hannes shares his thoughts regarding this unique type of commerce and what it could mean to the mobile payments industry moving forward
Accenture
JANUARY 27, 2021
The global adoption of ISO 20022 is the most far-reaching and widely underestimated development in payments today. ISO 20022 is complicated and can seem downright mysterious even to payments specialists. Payments ISO 20022 migration
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Accenture
JANUARY 5, 2021
This thought leadership piece looks at Instant Payments in the Middle East – how this innovative trend being implemented in the region and elsewhere is changing the payments landscape, and what banks should do to fully leverage its value.
Accenture
DECEMBER 2, 2020
In the first post in this series, we looked at the major trends driving disruption in payments today. This time, we’ll look at how these trends will actually impact the industry by geography and by payments instrument. Uncategorized Disruption Payments
PYMNTS
SEPTEMBER 29, 2020
New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead.
Mobile Payments Today
NOVEMBER 20, 2020
Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments
PYMNTS
FEBRUARY 8, 2021
Global Payments Inc. Global Payments will migrate its merchant acquiring infrastructure to Google Cloud and will equip Google with merchant acquiring services, while both companies will roll out go-to-market and co-sell activities jointly, according to the announcement. “We
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PYMNTS
MARCH 1, 2021
Digital payment software firm ACI Worldwide is partnering with InComm Payments to help consumers pay bills — from utility, cable and insurance to higher education and more — with cash.
Accenture
JANUARY 15, 2021
Central bank digital currencies (CBDCs) would help advance the digitalisation of payments and the economy as a whole. Retail, wholesale and international payments using CBDC would expand choices, enabling more diversified payment systems and greater autonomy for the central bank.
Mobile Payments Today
JANUARY 8, 2021
When it comes to moving forward, what type of payment structure can customers count on from public transportation? Jed Danbury, vice president at Computop, a global payment service provider, shares his thoughts on how customers can benefit on transit
PYMNTS
MARCH 5, 2021
The ultimate goal in the payments world is invisibility — a transaction that happens so seamlessly that it fades into the background of a purchase path, barely registering in the customer's conscious mind. They need to process those payments at the maximal acceptance rate and the minimal cost.
Chris Skinner
JANUARY 16, 2020
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 RegulationNice acronym although I prefer Coca-Cola, the Co-ordinated Car Co-operative Association. Or something like that. Anyways, whichever Cola you prefer, this new initiative is interesting.
Mobile Payments Today
SEPTEMBER 22, 2020
B2B payments have gone through major changes in the past couple of years, and COVID-19 has only sped up that process.
Accenture
MARCH 3, 2021
In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place.
Mobile Payments Today
JANUARY 4, 2021
Matt Montes is U.S. general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services. He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S.,
Accenture
NOVEMBER 16, 2020
Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. The post Why ISO 20022 is a seismic shift for payments appeared first on Accenture Banking Blog. Uncategorized ISO 20022 Payments Standards
PYMNTS
FEBRUARY 18, 2021
Revolut Business is launching QR codes to facilitate socially distanced payments, the company said on Thursday (Feb. The contactless solution facilitates instant payments over wifi so funds are cleared before the customer leaves the premises. .
PYMNTS
FEBRUARY 24, 2021
As corporates continue to find themselves inspired by surging bitcoin values and a massive crypto haul by Tesla , the digital currency ecosystem is beginning to drum up more interest within the corporate treasury and B2B payments arena. Payment Rail Pains.
Mobile Payments Today
NOVEMBER 3, 2020
By eliminating middlemen, cross-border blockchain payments can result in even faster transfers while significantly reducing costs for both merchants and customers
Accenture
DECEMBER 9, 2020
The world of payments is in turmoil, with no end in sight. In the previous posts in this series, we’ve detailed the trends driving this disruption, and zoomed in on the rapid change around the world and by payments instrument. Uncategorized Disruption Payments
Bank Innovation
JULY 18, 2019
eBay is pushing forward with efforts to move payments in-house instead of relying on PayPal. The company is taking a staged approach to its payments product launch with the goal to reach full rollout by 2020, a move that will let the company take control of the user experience, grow revenue and reduce overhead costs […]. Carousel Daily Post 2 Payments Premium Product Design Adyen Apple Pay eBay Google Pay payments PayPal
Payments Source
JANUARY 26, 2021
Kate Fitzgerald, senior editor at PaymentsSource, talks to Eric Grover, principal at Intrepid Ventures, about the political activities that hinder the expansion of payment systems. Digital payments Biden Administration China PayDirt
PYMNTS
NOVEMBER 12, 2020
The technological seeds that have made these developments possible were planted more than a decade ago, with the steady growth of digital payment platforms and cloud-based technologies that support electronic payments.
PYMNTS
FEBRUARY 25, 2021
Western Union Business Services , the payments arm of Western Union, is looking at expanding its cross-border payment services for business customers, a press release says. Customers expect, and now have, payments that are faster, traceable, transparent, consistent, and more reliable.
PYMNTS
FEBRUARY 10, 2021
TruckPay will now allow logistics payments with cryptocurrencies, according to a press release. Bitcoin, Ethereum and Stellar Lumens will be available as payment options on the TruckPay Fleet Management and MyTruckScales platforms, the release stated.
Mobile Payments Today
FEBRUARY 12, 2021
The holiday online shopping trend jumped from over 13% in 2019, to nearly 20% in 2020, according to Mastercard. Jordan Reynolds leads the e-Commerce and Marketplace verticals at Ekata. He shares data and insight on how 2020 may have changed shopping forever
PYMNTS
DECEMBER 28, 2020
Drilling down a bit into those innovation efforts, he said, FinTechs and software companies, in general, are trying to become payment companies. They’re embedding payments within a specific workflow and have the opportunity to create seamless user experiences around payments.
Mobile Payments Today
SEPTEMBER 11, 2018
Let's take a look at the what blockchain is, and how it can help transform the mobile payments industry
PYMNTS
NOVEMBER 19, 2020
Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. To use the tool, customers electronically send payment instructions, which are routed to the WellsOne Virtual Card Payments service, the release stated.
PYMNTS
OCTOBER 7, 2020
In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”.
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