Payment processing

The challenge has been aligning the data-sharing ecosystem in a way that simplifies access and enhances consumer control while ensuring a high level of security, says Finicity's Steve Smith.

The Reserve Bank of India has temporarily halted operations at the struggling Yes Bank, leaving fintechs without a place to process payments.

Companies that give employees early access to earned pay don't want to be lumped in with payday lenders, so they are putting a new spin on their pitch: It's a tool to lure and retain valuable workers.

As businesses change strategy and staff deployments quickly, their payment needs and flows will change rapidly, says BHMI's Jack Baldwin.

Afterpay, whose online installment loans are seeing strong growth in the U.S. apparel sector, has partnered with Oakland, Calif.-based processor Marqeta to develop additional payment products and services.

The maturity of "super apps" in China shows how to reach a digital generation, says EBANX's Henrik Nilsmo.

The financial services affiliate of Alibaba Group Holding Ltd has agreed to buy a minority stake in Klarna, and will expand its international partnership with the Swedish payments firm.

Duplicates can take many different forms and can be difficult to find in a manual review process, says AppZen's Josephine McCann.

Operational efficiency has long been the key to selling AP automation, but a growing payment fraud problem and new risk exposures are giving businesses new reasons to digitize payments.

Offering the preferred payment method is essential to converting customers in LATAM. But the diversity of each country’s market makes this easier said than done, says PPRO's Steve Villegas.

For the past decade, the drive for modern restaurant point-of-sale terminals and software has turned into a highly competitive race seeking new looks and ideas.

Redwood City, Calif.-based processor i2C has hired Jim McCarthy as president, two years after Visa dismissed the card network’s former innovation chief.

Customer interaction platform Podium has added a Payments feature, allowing businesses to use text messaging to accept funds directly from customers.

More work is needed to bring processing up to speed for digital payments, according to Neocova's Sultan Meghji and Kelsey Weaver.

For real-time payments, there are national schemes to help drive adoption and enhance consumer convenience, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale

The Fed can take steps now to speed up existing networks.

Immediate payments through an existing payments platform means firms can pay quickly, satisfying the expectations of gig workers who are increasingly important to the company’s functions.

Afterpay has found an opening in the U.S. by targeting the millennials who don't have a credit card to use at the point of sale.

Investors and deep-pocketed payments firms have funneled hundreds of billions of dollars into the payments industry, demanding results in areas as wide ranging as digital processing, consumer experience, risk management and compliance.

In underbanked markets, app-based firms can't live on digital alone, says dLocal's Michel Golffed.