Payment processing

To compete and remain relevant in 2020 and beyond, organizations must rapidly develop, test and deploy innovative new products and services in increasingly larger amounts, says Paragon Application Systems' Steve Gilde.

PNC Bank has made it more difficult for its customers to use Venmo, and although competition plays a role, the bigger issue is the expanding risks financial institutions face when sharing data with third parties.

Fiserv has sold a lockbox processing unit to Deluxe, the second such acquisition for Deluxe in as many months.

Given the financial health and outlook for many retailers, their ability to get the digital experience right could be the difference between operating in 2021, or joining the growing list of retail bankruptcies, says Applause's Kristin Simonini.

The success of Fiserv’s acquisition of First Data, FIS’ purchase of WorldPay, or Global Payments merger with TSYS rides on the companies’ ability to address merchants that are under extreme pressure.

Following its $2.3 billion IPO, payment processor Nexi made another large deal to scale its merchant services.

The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central bank.

Customers will be able to use the service by clicking on the QR transactions option and using their camera to scan the code that appears on the app screen.

For most companies, no role within accounts payable focuses solely on handling errors, enablement, fielding phone calls, or escheatment, says Nvoicepay's Kristin Cardinali.

Adyen’s aggressive year of client and technology additions has been capped off by adding McDonald’s to its network, bringing in a merchant with a huge appetite for streamlined app-driven transactions.