Payment processing

A year after trying to save faltering payday lender Wonga, Balderton Capital is investing in the other side of the model by leading a $19 million Series A funding round in Wagestream, a U.K. startup that provides flexible payroll technology to avoid payday loans.

Universal standards such as the nonprofit nexo can support card payment acceptance stakeholders through a portfolio of implementation specifications and messaging protocols that harness the power and interoperability potential of the ISO 20022 standard.

The Federal Reserve is considering revising Regulation D, which limits consumers to six transfers per month on savings and money market accounts through certain methods.

Advancements are bringing improvements to risk and user experience, but global reach remains a top priority, writes Marc Recker, global head of institutional market management and cash management for Deutsche Bank.

JPMorgan Chase is buying InstaMed, a cloud-based health care payments platform that’s seen significant growth in recent years from consumer medical payments.

Shift4 Payments is giving away free payment terminals to restaurants again, but this time it's using a cloud-based approach with richer marketing tools, including links to social media.

The most enlightened regulator or legislator can’t match the dynamic intelligence of billions of market decisions by consumers, merchants, banks, networks and processors, argues Eric Grover, a principal at Intrepid Ventures.

While in its infancy in influencing B2B payments, AI ultimately will change the way businesses of all sizes run their financial operations, writes Rene Lacerte, CEO of Bill.com.

Once banks offer digital invoice processing and order approvals, small businesses would no longer need to manage the risk and hassle of paper-based transactions, argues Erik De Kroon, CEO and co-founder of Yordex.

The private sector will be able to provide more efficient and innovative technologies for the industry.