Payment processing

Given the transition's complexity, it's understandable if fuel retailers will not meet the April 17 deadline. But it's important not to be paralyzed by analysis, says Hughes Network Systems Jeff Bradbury.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

For the U.K. payments industry to be in the best position to succeed, keeping consistent with compliance to both U.K. and EU regulations will be critical, says Ecommpay's Paul Marcantonio.

Peru is working to link banks, fintechs and mobile wallet providers into an interoperable hub for instant payments using real-time technology provided by Mastercard.

The two payment brands have found ways to limit currency conversion risk — a key concern among banks and merchants.

Technology is moving forward at a pace that could push real-time payments into new settings in the near future, with several countries already using systems that could become models for the U.S.

With this sudden and swift shift that is generating thousands more digital payment transactions per day than even just a few months ago, the opportunities for fraud are rising exponentially, says the FIDO Alliance's Andrew Shikiar.

Fiserv has agreed to acquire processor Pineapple Payments in a move that will expand its current distributor partner relationship to help its Clover platform while also picking up the payment processing for Pineapple's current customer base.

Visibility, compliance and processing can differ widely in different regions, says Payslip's Fidelma McGuirk.

Payment processing and banking infrastructure provider Episode Six is expanding into the U.S. health care market through a partnership with Nomi Health, which emphasizes a digital-first approach to patient payments.

The pandemic changed consumer priorities quickly--and payment companies need to keep up since the trend is likely permanent, says Signifyd's Indy Guha.

As accounts payable departments add robotics and other innovation, workflows and skill sets will adjust--but people won't disappear, says Nvoicepay's Lauren Ruef.

MoneyGram International is providing access to its global money transfer network through software it is touting as "MoneyGram-as-a-service."

Liquidity sensitivity drives companies to procure tools to help them determine and execute the right strategies to get paid faster, says Bottomline Technologies' Jessica Cheney.

To drive the recovery we need to move beyond traditional data and models to incorporate new transaction and payment information that is more timely, more insightful, and more inclusive, FinRegLab's Melissa Koide and FICO's Larry Rosenberger write.

The current consumer and business demands for contactless payment channels give organizations the opportunity to build new solutions with security at the forefront or to append new workflows to legacy business processes, says Mobiquity's Tyrone Jeffress.

The deal can potentially boost payments on both sides, but also open new avenues such as merchandising and related content, says Kunai's Tarun Bhasin.

The scrutiny on installment lenders could prompt them to fine-tune their offerings and diversify into new markets.

Early wage access and automated savings tools are just two areas where banks can gaiBanks have a chance to fill the payment tech gap.

Any failure by retailers to fully and effectively execute on all post-purchase business requirements and that promise will quickly turn to pain, says Inmar Ingellince's Ken Bays.