David Heun

The payments industry is a complex ecosystem, one that Carolyn Homberger is happy to navigate. As president of global sales for ACI the past seven years, Homberger views the payments industry as akin to "a supersonic airline driven by some of the most skilled pilots in the business."

INTL FCStone's Global Payments Division's foreign currency pricing has picked up enough momentum to extend beyond its initial launch to more than 350 correspondent banks globally.

The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.

Pan-European payments and transaction services provider equensWorldline has launched its domestic interoperable P2P mobile payment scheme across the continent.

It may take several more months of testing before it is deployed in a payments application, but a new money transfer specification the NFC Forum has developed carries the organization's promise of becoming an alternative to QR-code technology.

As companies invest heavily in artificial intelligence and other high-tech defenses, it is becoming more apparent that criminals are investing in equally powerful technology.

Canadian cross-border payment provider SnapPay is expanding its two-year partnership with China's Ant Financial to bring the Alipay app to the country's FoodyMart grocery chain.

Through its acquisition of digital payments and fundraising provider Benefit Mobile, the National Gift Card company is positioning itself to help charitable organizations grow and to strengthen the mobile offerings of retail merchants.

If competitors continue to seek ways to one-up the Society for Worldwide Interbank Financial Telecommunications messaging system for cross-border transactions, there is mounting evidence — and numbers — that many banks are comfortable with Swift's modern processes.

Hong Kong's mobile wallet AlipayHK has expanded to enable cross-border payments for the first time in Japan and other regions of the Greater Bay Area.