The ability to embed payments across nonfinancial touchpoints and into existing systems is transforming business models across industries with new monetization opportunities. “There has definitely been an uptick in B2B-type platforms that are looking to add additional services to their product offering,” Justin Downey, vice...
For years, enhancing payment security often came at the expense of user convenience. Complex authentication processes, multistep verifications and transaction delays were the norm. However, as payments innovation heats up, companies are looking to use advanced technologies to create solutions that are both secure and...
Payments modernization and cloud migration are two phrases that often get mentioned in the same sentence. However, that might be a limited view. Payments modernization can take place outside the cloud as new technologies and data reshape the ways and means of delivering a seamless...
To paraphrase a saying attributed to Charles Darwin, it’s those most responsive to change that ultimately survive. And from the 19th century Galapagos to the 21st-century global payments landscape, those words continue to ring true. With the demand for seamless payment solutions growing at an...
The new administration is barely a month old, so it’s too soon to tell exactly what financial services regulation will look like. But with the pause on rulemaking and the overall pause on the Consumer Financial Protection Bureau in place, it seems like we’re headed...
For decades, payments infrastructure was largely controlled by major financial institutions and legacy processors, with limited flexibility for customization. However, the rise of open banking, cloud computing and API-first development has changed the equation. Payment platforms are now embracing API-first products and developer-friendly architectures, enabling...
As sportsbooks and online gaming platforms compete for player loyalty in an increasingly saturated market, the entire sector is getting a makeover. And payments, once a friction-filled afterthought, increasingly sit at the center of this evolution. “Payments aren’t just a backend function — they’re a...
InvoiceCloud and POWERCONNECT.AI have partnered to offer integrated artificial intelligence (AI) and payment solutions for utilities. This collaboration brings together InvoiceCloud’s solution for digital bill payment services and POWERCONNECT.AI’s capabilities as an AI accelerator for the energy and utility industry, the companies said in a...
The last half-decade of the 2020s looms, and for FinTechs and financial services in general, the dust has just started to be kicked up on Capitol Hill and in the White House in terms of new regulations and even a reshaping of the regulatory agencies...
