Payment processing

Debra Rossi has been on the front lines of payments innovation since the late 1990s, when the world of e-commerce was still in its infancy.

They laughed at her. Now she's taking their customers.

Stephanie Ferris has had two pivotal experiences in her career at Vantiv — first, leaving a 20-year career in finance to become general manager of Vantiv’s bank referral business; and second, becoming CFO of Vantiv (now Worldpay) in March 2017.

Kim Schwendeman's story is one of toughness, learning, perseverance, and the special job that teachers perform every day.

To hear Archie Puri tell it, the technology changing the payments market is every bit as dramatic as laser eye surgery is to someone with poor vision.

This year, as PaymentsSource honors The Most Influential Women in Payments, a new pattern has emerged. This year's list recognizes the contributions of entrepreneurs who took their ideas directly to market, showcasing new ways of handling business in an industry that is forced to quickly adapt to rapid changes in technology and global culture.

Countries all over the world are embracing faster payment processing, and Di Challenor is one of the major forces behind the movement in Australia.

Against the backdrop that is the contentious immigration debate in the U.S., Louise Pentland can say she has a passion and firsthand experience for improving the lives of those navigating the process of being accepted into this country.

It still surprises Debbie Gamble that a chance summer job she took at a bank turned into nearly a 30-year career leading to her current post influencing Canada’s payments technology at Interac, the national debit system.

Total System Services is implementing software at Walmart and Sam's Club locations nationwide to link loyalty rewards to health care payments, while also recognizing qualified purchases from a consumer's health plan.

Ripple, the U.S. digital payments company, is working with 61 Japanese banks on an application that will enable customers to settle cash transfers instantly around the clock, the latest effort to apply blockchain technology in finance.

Comdata, a major issuer of fuel cards in North America, has established a partnership with payments processor Noventis to expand the range of Comdata’s suppliers that can accept payments through virtual cards to further reduce reliance on paper checks.

Fiserv is rolling out a fraud-detection and decisioning service for issuers from Mastercard that aims to increase the accuracy of card transactions they approve or reject based on potential fraud.

As with most of the company's inventions, an Amazon checking account would more deeply embed customers into an Amazon ecosystem that provides an endless flow of data and efficiencies.

Customer support may seem like it's innovating through the use of artificial intelligence and chatbots, but all of that is built on a foundation that's stuck in the stone age.

The network says more than $100 billion in Swift GPI payment messages are sent daily, enabling payments to be credited to the end beneficiaries within minutes — and some within seconds.

Backed by the Clover platform, merchants using the devices can manage their businesses in real-time over an online backend portal that can be accessed from a smartphone, tablet, or computer.

AiFi uses artificial intelligence, sensors and cameras to outfit stores with a checkout-free system that can deploy without regard to the differences in store sizes.

With even the likes of WhatsApp and Google Chrome looking to integrate payment APIs into their offerings, this space is poised up for a lot of disruption, writes Sanat Rao, chief business officer and global head for Infosys Finacle.

American Express claims its rules allow it to better compete against other major card networks. The complaining states view anti-card steering rules as a way to block other networks from offering lower fees, thus resulting in retailers raising prices for consumers.