Payment processing

Banks need to be prepared for increased regulatory scrutiny as they adopt artificial intelligence technologies.

FundKite executives watched the small-business lending sector evolve — and determined that the trend of mobile point of sale providers offering loans and cash advances was limiting the market.

Brexit's implications for the U.K.'s technology industry are deepening political fractures, with no clear answer as to how startups fintechs and challenger banks can operate in the U.K. after it leaves the European Union.

A lack of standardization increases costs and complexity at each bank, opens the door to insecure solutions and hinders adoption by software developers that only have bandwidth to write to one or two open APIs, according to Steve Kirsch, CEO and founder of Token.

A cash management offering by Mastercard and Strands is the latest example of new answers to commercial clients' demands for better digital services.

Paul Galant will leave the CEO post at Verifone in the next few months, following a tenure in which he helped diversify and automate Verifone's merchant acquiring business and led a recovery from a series of strategic and economic missteps.

By intelligently applying friction, where the entry of a PIN or a swipe of the screen can be used to correlate against known data, we can better prove that the correct user made the transaction and avoid the costs and disruption associated with fraud and disputed claims, writes Zia Hayat, CEO of Callsign.

The U.K.’s Rural Payments Agency has long been renowned for its inefficiencies in processing timely and accurate financial support payments to farmers across the country. But now industry figures expect Brexit will lead to an improvement in performance due to a loosening of the EU-driven bureaucratic regulations.

Nanopay is planning to add bank, processor and accounting software partners for a B2B cross-border and domestic transfer service which it says exceeds the performance of blockchain-based systems.

International banks are also having to adapt to a raft of regional payment and data regulations that impact their operations in certain territories significantly but in others only negligibly, according to Russell Bennett, chief technology officer of Fraedom.

In this highly competitive environment, catering to the unique needs of each customer is more important than ever, writes Matt Clark, president and COO of Corcentric.

Machine learning and voice recognition can ease the many pain points of drive-thru ordering.

Hotels have elaborate systems to capture lodging fees and other purchases charged to rooms, but when customers book special events such as weddings or conferences, payment security can be more of a problem.

Nonlisted encryption solutions are designed for easier deployment, but often lack many of the key attributes of PCI-listed point-to-point encryption products, writes Ruston Miles, founder and chief strategy officer of Bluefin.

As data breaches mount in the "Equifax era," CFOs have a broad vision of enterprise data that can prove helpful in mitigation, according to Lauren Ruef, a research analyst for Nvoicepay.

Toronto-based Mint Corp. is taking advantage of the UAE government’s ambitious plans to develop a digital, cashless society.

The internet democratized access to information, and now cryptocurrencies are democratizing access to financial services. The next wave of the digital revolution has the potential to democratize access to justice, Kleros co-founder Federico Ast writes.

When it comes to the pizza industry, online and mobile ordering has generally been the province of chains like Domino’s, Pizza Hut and California Pizza Kitchen. But smaller shops are looking to get a slice of this market.

Since launching in the U.S. a year ago, CashShield gained traction in the marketplace by adding Yamibuy and Scalefast, among others, to its global portfolio.

Every transaction is traceable on the blockchain — though only to the addresses that initiated it. Compare this to Fedwire Funds Service and ACH payments, which don’t have this transaction history available, writes Bob Rutherford is the CEO and founder of Hedge.