Cross-border payments had, for decades, been done by wire — where it had taken days to settle an international fund flow. But now, in the digital age — unlike years past — there are many ways to deliver a payment from country A to country...
Making things easier rarely goes out of style. Just take, for example, unattended payments. Typically facilitated by self-service machines, kiosks or other devices allowing customers to complete purchases independently, these transactions occur without the need for direct human interaction at the point of sale. With...
In the modern business landscape, adopting open payments platforms is no longer optional; it’s a necessity. A PYMNTS Intelligence report, “Three Things You Need to Know About Open Payments,” a collaboration with Spreedly, reveals three themes about open payments connectivity that every business owner should...
Connected commerce platform Verifone has introduced a new set of payment devices. Verifone Victa, as the collection is known, was announced Thursday (Jan. 9) along with a SoftPOS solution called Verifone Tap and new biometrics capabilities. The company plans to showcase the products next week...
2025 is here, and the payments industry will navigate uncertainty across regulatory, geopolitical and economic fronts. A new presidential administration will sweep into office, and as Jim McCarthy, CEO of Thredd, told Karen Webster, it’s anyone’s guess how things will shape up. We may see...
If trust between financial services firms, merchants and consumers is essential for commerce to take place, it’s a fragile bond. There are five main threats to that bond: credit risk; counterparty risk; fraud risk; security risk; and compliance risk. Rob Seidman, senior vice president and...
As payments continue to evolve, a trend to watch in 2025 is the adoption of pay-by-bank technology. This burgeoning payment method, rooted in open banking, has the potential to reshape how consumers and merchants interact. “It’s an exciting time to be in this space,” Trustly...
The year 2024 proved to be full of transformative shifts and strategic pivots. PYMNTS sat down with some of the industry’s most influential leaders, capturing insights that shaped the narrative of financial innovation. From the pressing need for robust compliance in an increasingly scrutinized FinTech...
As we wrap up 2024, PYMNTS’ “What’s Next in Payments” series has provided insights from industry leaders on the current and future state of play for banking, payments and the connected economy. Here are five thought-provoking comments from executives that stood out this year, offering...
