Payments

Blockchain is a bigger opportunity for business transactions than consumer transactions, according to Mastercard president and CEO Ajay Banga, who is poring over the technology to build use cases for corporate users.

The bank-powered P-to-P app Zelle officially launched in June with a mostly consistent brand across all of its bank partners, but it still struggles with awareness over PayPal's Venmo, which doesn't share its advantage of living inside banks' mobile apps.

Payments technology changes rapidly, and cybercriminal techniques have no trouble keeping pace. Against that backdrop, the Payment Card Industry Security Standards Council must set new rules without hindering development.

It’s vital to work with a payment processor that fully discloses its pricing approach on its merchant statements, writes Jeff Zimmerman, COO of Clearent.

Banks are revamping and investing in new wholesale systems to solve the frustrations felt by corporate customers.

Fleetcor is diversifying its core fleet card business, adding digital gifting and expanding business payments technology and analytics.

Automated business payments is key to rightsizing inventory purchases, writes Matt Clark, COO of Corcentric.

Financial institutions should consider personalized campaigns and offers designed to convert customers to their debit or credit card, writes Bob Koehler, executive vice president of project management for SRM.

The industry has the opportunity to expedite gains in interoperability and realize significant cost savings and productivity gains for both the clinical and administrative sides of the industry, writes Chris Seib, chief technology officer and cofounder of InstaMed.

In the crowded small-business payment technology market, Fattmerchant is taking a different approach to revenue.