Payment processing

Small businesses are upset at Visa and Mastercard's proposal to raise rates on cross-border payments initiated online, now that the European Commission's caps on credit and debit fees no longer apply in the U.K.

So far, mostly larger businesses are embracing digital payments, says Avidxchange's Cameron White.

A member of the ECB's board urged local companies to lower their prices, or risk being undercut by global rivals.

Japan is one of the most cash-centric of all developed nations, with about 80% of consumer transactions conducted with paper or coins, but the pandemic triggered some shifts that Adyen wants to capitalize upon.

The next step for retailers is to bring consumers the benefits and experience of being in store, from the comfort of their home, says FIS' Dan Brames.

The concept amplifies spending visibility from the center of the business way out to its edges, creating more transparency.

Pine Labs has raised $285 million in its latest funding round, including participation from Singapore’s sovereign fund Temasek, to continue its geographic and product expansion.

Not only is the payment process an opportunity to deliver on a good customer experience, but it also offers the opportunity to enhance the overall experience, says Global Payments Integrated's Ashley Jones.

The bank tech firm needs licenses and partners in multiple nations — a monumental task that promises to take years.

ISO 20022 prioritizes speed and security, creating a runway for major new innovations like machine learning, says NICE Actimize's John Buzzard.

Digital payments can cut costs, errors and other tasks that would be prohibitive on their own, says Kofax's Lindsay Pinkos.

The software-as-a-service platform eliminates manual collection of outstanding invoices, and also predicts when a customer is likely to pay, based on past payment habits.

Legacy vendors are competing more aggressively to modernize payroll, insurance payouts and data sharing.

The credit union service organization's newest clients want it to build services such as cross-border payments and simpler bill pay.

The credit union service organization's newest clients want it to build services such as cross-border payments and simpler bill pay.

The central bank wants to adopt new rules to state clearly that merchants must have a choice of debit networks for card-not-present transactions.

Pandemic strategies have shown a ramp up in automation contributes to resilience, says Nvoicepay's Lauren Ruef.

Working with different fintechs, clothing seller Universal Standard has sped up its supply chain and photographer Matt Cameron has created a steady flow of client endorsements.

Many younger people are looking for financing and are averse to traditional credit cards, says Four's Chaim Lever.

Migrating to the cloud exposes the pivotal role of identity in the smooth operation of applications, and how it creates unique challenges, says Strata Identity's Eric Olden.