PYMNTS

DECEMBER 14, 2020

Payment service provider PayFort , which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments.

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Payments Fraud Video Regional 199

PYMNTS

OCTOBER 5, 2020

The great digital shift is upending B2B payments , pushing them away from the age-old reliance paper checks toward digital options. There have been changes that, if you would have asked me, sitting together last year, what we would be selling and thinking about, it’s very different.”. We expect that that’s going to continue.

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Payments Cards Mobile Marketing 343

PYMNTS

OCTOBER 15, 2020

Stripe is acquiring Paystack , a company that says it processes more than half of online payments in Nigeria. More than 60,000 businesses in Nigeria and Ghana use Paystack to securely collect online and offline payments, launch new business models, and deepen customer relationships.

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Payments Resources Tools Online 227

PYMNTS

DECEMBER 1, 2020

The world doesn’t lack for stories about cross-border payments gone wrong. In some examples, by the time the money went through all the byzantine steps that have historically made up the cross-border payments process, only about $4 worth of spendable value actually arrived. And timing is also important.

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Payments Examples Tools Technology 218

PYMNTS

JANUARY 6, 2021

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. There are some key differences in place between CoDi and what might be seen elsewhere. Solving For The Chicken And Egg Problem.

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Payments User Experience System Mobile 363

PYMNTS

DECEMBER 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. She explained that consumers do not generally think much about the payments piece of the shopping experience unless it does not work. Contactless Payments And eCommerce.

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Payments Online Retail Mobile 349

PYMNTS

MARCH 11, 2020

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. The journey toward frictionless payments has raised the bar for merchants and their financial institutions (FIs) to be ready for the shift.

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Payments Mobile Trends Apple 259

PYMNTS

SEPTEMBER 18, 2020

Online platforms have done much to transform payments — especially in terms of transparency, speed and distribution — across any number of verticals from ride-hailing to food delivery. No such offerings existed for artists — through use of an intuitive platform and dashboard — to understand how much money they were making. “And

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Payments Tools Capital Industry 312

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders.

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Payments Boston System Operations 244

PYMNTS

SEPTEMBER 21, 2020

Artificial intelligence (AI) can improve the eCommerce experience – not just in terms of warding off fraud, but also in making sure payments can be processed efficiently and that the most effective payment gateways are accessed. Consider the fact that just a few years ago, alternative payment rails Zelle and Venmo didn’t even exist.

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Fraud Payments Cards Security 311

PYMNTS

AUGUST 10, 2020

You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment.

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US Payments Maine System 345

PYMNTS

OCTOBER 27, 2020

While contactless payment methods in the form of mobile wallets and contactless cards are both becoming more common features, our consumer-survey data strongly indicates while that’s better than making consumers dip their cards, it’s not quite the gold standard when it comes to giving consumers hands-off options for payments.

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Payments Survey Study Cards 289

Independent Banker

AUGUST 31, 2022

Social payments methods like Venmo and Cash App continue to grow in popularity, and the data is there to prove it, creating an opportunity to give customers what they want: 24/7 access to cashless, P2P and mobile transactions. So how do social payments fit in community banks’ long-term future? Illustration by Filo/iStock.

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Capital Payments social media Community Bank 94

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails .

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Payments San Francisco Fintech Tools 239

Perficient

JANUARY 16, 2023

For both the questioners and those afraid to question, we at Perficient thought we would provide some background on embedded finance. . What is Embedded Finance? . Before we get into some of the more obscure and complex examples, let’s make sure we all agree on what the term embedded finance means.

blockchain 275

blockchain Software Customer Experience Strategy 275

PYMNTS

NOVEMBER 30, 2020

And what that ultimately means is that few get the advice and services they need — and many miss out on improving their businesses over the longer term. What QuickFee does is pay the professional services provider up front while putting a large, long-term hold on the client’s card. But what QuickFee realized as it grew its U.S.

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Payments United States Taxes Exercises 192

Perficient

FEBRUARY 17, 2023

In the first two blogs in this series, Getting Started On Embedded Finance and Embedded Finance: Bolstering Brand Experiences, we defined embedded finance and looked at the goals and strategies that firms should take at the outset of their modern embedded finance journey, as well as how and why firms should consider getting embedded banking.

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San Francisco Cards Online Payments 275

PYMNTS

DECEMBER 30, 2020

Other polls show that nearly half of all consumers who use point-of-sale (POS) financing solutions — including BNPL — would not shop with merchants that did not offer them. A survey found that 15 percent of the nation’s consumers are using the payment method for their purchases, compared to just 4 percent in 2019.

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Payments Trends Millennials United States 276

PYMNTS

OCTOBER 28, 2020

Justin Benson, CEO of Spreedly, explains how the COVID-19 pandemic has caused a spike in demand among all payment ecosystem participants for greater choice and flexibility. "We We see that merchants are able to digitize their commerce faster when these kinds of services are available and effective," he said. That’s where we come in.

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Payments Tools Strategy Online 175

PYMNTS

OCTOBER 19, 2020

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems, David Disque , president at CSI (Corporate Spending Innovations) told Karen Webster in a recent conversation. Disque said office shutdowns have “created a lot of havoc. …

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Payments Fintech System Cards 276

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Points Of Pressure.

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Payments Management Software Google 242

PYMNTS

OCTOBER 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Making Real-Time Payments A Reality. Here’s why. . Consider a typical credit card purchase.

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Payments System US Technology 316

PYMNTS

JANUARY 20, 2021

We need to continue to think about how to engage our partners within today’s reality and how to help those partners serve their customers in new ways," he says in " A Look Forward: What Executives Wish for America and the World in 2021. "We We’ve worked hard to enable consumers to adopt contactless payments in a seamless manner.

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Payments Innovation Tools Cards 178

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. The shift to digital payments has been gaining momentum.

Cards 287

Cards Payments Mobile Management 287

Perficient

DECEMBER 14, 2023

Check out how ServiceNow is revolutionizing this space with its Automated Invoice Processing offering. What is Automated Invoice Processing? This includes everything from receipt to approval and payment of invoices. This results in stronger supplier relationships, enhanced compliance and audit, and timely payments.

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Training Strategy Exercises Data 221

Perficient

DECEMBER 14, 2023

Check out how ServiceNow is revolutionizing this space with its Automated Invoice Processing offering. What is Automated Invoice Processing? This includes everything from receipt to approval and payment of invoices. This results in stronger supplier relationships, enhanced compliance and audit, and timely payments.

Training 221

Training Strategy Exercises Data 221

PYMNTS

JANUARY 3, 2020

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. Making Money Fast. Want to make a CFO smile?

Payments 151

Payments Fraud Fintech Security 151

PYMNTS

SEPTEMBER 26, 2019

If for nothing else, Uber and Lyft will be remembered for one big thing: making payments all but invisible via a seamless transaction process that was pretty much revolutionary. Instant Payments. However, a company that can offer such payment options can gain an edge over its competitors. Role of Data.

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Payments Fraud Data Marketing 219

PYMNTS

OCTOBER 30, 2020

“As the global wellness industry goes through a seismic shift, fitness studios, spas and salons are adapting with technology to stay connected with their customers,” said Dan Chandre , SVP of payments at Mindbody. What we are hearing from our customers is that they're dying to go back to studios,” Lanman said.

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Payments United States America Technology 180

PYMNTS

APRIL 12, 2019

Only a few months into 2019, the year is already shaping up to offer a bit of a watershed in how we pay and how we get paid. Here, you will find insight into what’s next, but also what we need to leave behind. As always, in payments, the one real constant is change.

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Innovation Payments Course Data 215

PYMNTS

NOVEMBER 9, 2020

This earnings season, the downturn has become apparent as several corporate payments technology players post losses. What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Boosting The Banking Experience.

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Innovation Fintech Payments Mobile 255

PYMNTS

FEBRUARY 14, 2018

A good forecast is a notoriously difficult thing to write – particularly if one is trying to write it about the payments and commerce ecosystem. At best, we would have been called fabulists of the highest order, and at worst we would have been written off as madmen. If 2017 was the year of disruption , what will 2018 be?

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US Payments Bitcoin Retail 199

PYMNTS

DECEMBER 18, 2020

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand.

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Payments System United States Examples 169

PYMNTS

DECEMBER 28, 2020

And as the dust settles and the 2021 predictions are rolling in, Ingo Money CEO Drew Edwards told Karen Webster that after the powerful boost instant payments got this year, 2021 is looking like the year they will evolve into their 2.0 And at the end of the year, the data says everybody wants three things: certainty, speed and choice.”.

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Payments Fintech Cards Customer Experience 303

Independent Banker

DECEMBER 31, 2022

The payments landscape is evolving, and customers’ needs are changing. Here’s how community banks can enhance their payments offerings. of banks’ revenues come from payments. Payments account for up to 30% of bank revenue, and that income stream is under attack. Top trends in payments. Adopt faster payments.

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Trends Payments Community Bank Texas 140

PYMNTS

DECEMBER 24, 2020

It was a year in which consumers learned about new payment options and adopted them at a dramatic rate. As the year closes, PYMNTS calls out six payment methods that gained traction and attention, including a take from key executives in each category. Since the pandemic began, we have accelerated our digital investment,” she said.

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Payments Millennials Survey Trends 260

PYMNTS

NOVEMBER 18, 2020

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. economy is proving to be a tailwind for faster payments and processes. That said, the U.S. The Three Is .

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