Payment processing

Payservices would use deposits largely to support its existing business. It has no plans to make loans.

Until regulatory reforms are introduced, nonbanks won’t have direct access to Payments Canada's Real-Time Rail, a situation that risks stifling innovation.

It's crucial small businesses continue to expand user experience improvements made during the first year of the pandemic, says NMI's Nick Starai.

EPI could potentially provide a bedrock for future European payments innovation. It arguably does not go far enough, says Icon Solutions' Michel Vaja.

Slow settlement on traditional rails can cause dangerous delays in moving funds, says AppBrilliance's C. Eric Smith.

Banks need to adjust their money laundering protections to comply with tough new rules in the U.S., says Genpact's Manish Chopra.

Customers and partners will view an easy and reliable payment experience favorably, says Billtrust's Justin Main.

By removing friction and encouraging interoperability, deployment becomes easier, says Fime's Reza Rhamani Fard.

Data connectivity is key to adding products and addressing customers, says Flinks' Yves-Gabriel Leboeuf.

Building the processing tech was the easy part. Finding the right mix of users and transactions posed many challenges.