Payments

Following compliance policies and respecting the requirements of the regulator is a good foundation for effective marketing communication, says Aximetria's Dmitry Ryzhkov.

Walmart is expanding the contactless payment options in its stores as part of a new design that aims to blur the online and in-store shopping experience.

Many companies seek ways to maintain their payments and collections functions centrally when expanding overseas, whether regionally or globally wherever possible, to avoid fragmented processes and technology, says Standard Chartered's Tarek Elyafi.

Processing transactions quickly enough to serve digital commerce comes with arduous upgrades and complicated choices, but that's only the stick. The carrot is people like faster payments, so there's plenty of opportunities to boost payment revenue.

The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.

Square is moving to help minority and underserved groups by investing $100 million in nonprofit financial institutions and Black-owned businesses.

As the pandemic has stretched on further into 2020, with more lockdowns and economic disruption predicted heading into the fall and winter, continuing to offer fee waivers has not always proved financially viable.

A cloud-based system makes it easier to communicate with staff on matters outside of payroll, says OnPay's Katelyn Sullivan.

The conversation around advancing the distribution and use of digital currency gets a boost every time the banking system stubs its toe. And there have been many recent examples of financial system problems to point to.

The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.