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Technology

Technology

Digital Wallets Build Radical Partnerships

  Integration is the theme is today’s payments world, and nowhere is this more evident than digital wallets. In the realm of tap and pay, consumers are enjoying an expansive mix of payment sources and added value services. Not only are these innovative partnerships fueling the growth of tap and

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Fintech is Changing the Way We Bank

  Fintech has infiltrated nearly every aspect of our lives and is disrupting the way consumers think about their money and how they spend it.  It’s no wonder that consumers are also changing the way they think about managing and storing their money as well.  Banking has come a long

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3 Partnerships Revolutionizing Payments

Payment services are finding that collaboration is the key to gaining market share in an increasingly crowded and complex playing field. By seeking out innovative partnerships, payment service providers are finding enormous market opportunities. These three partnerships are game changers in the areas of retail, ecommerce and money transfers

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Venmo Me: A Quick Guide to P2P

  P2P payments have come barreling out of nowhere, developing from a niche millennial app into a digital behemoth with an estimated 129 million users in the US alone by the year 2020. Major FIs and payment influencers like Apple, PayPal and more have stepped into the game. Consumers face

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4 P2P Trends That Impact Merchant Payments

  Mobile P2P payments encompass much more than simply splitting the cost of a pizza. With an annual transaction volume of more than $50 billion, P2P is becoming a major influencer in all parts of the payments world.  Here are 4 key P2P trends that are spilling over into merchant

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Consumers Embrace Biometrics Over Implants

  The future is here to stay! Most of us have seen high-tech iris scanners and the like used in James Bond films and in popular sci-fi TV shows. But the use of biometrics, the ability to confirm one’s identity from measurements of physical features, is steadily growing worldwide.  Poll

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Artificial Intelligence in the Payments Industry

There was once a time when the words artificial intelligence, or AI, were only used in talks of “futuristic” inventions that one could have only imagined.  Now, AI is a very real type of technology that is changing the way businesses operate, especially in the payments industry.  In 2016, funding

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Looking at Accessibility in the Payments Industry

As the payment industry continues to evolve, it’s important that businesses are making technology accessible to all consumers, including those who are disabled.  As merchants seek options that allow disabled consumers to pay at their businesses, providers in the payment space are tasked with the innovation that makes this possible. 

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The FinTech Effect on B2B Payments

In recent years, consumers have been enjoying the fruits of innovation when it comes to new payment solutions like Venmo and Google Pay. And thanks largely to FinTech and cloud technology, more businesses are also beginning to streamline payment methods, especially B2B payments.

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Innovation Continues to Expedite Payments

Tech trends constantly make just about every aspect of our daily lives faster, from speedier Internet access to the ability to make remote bank deposits. The ability for the businesses to process payments faster is no exception. Now, cutting-edge advancements have made real-time payment processing a reality, although the widespread

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The Value of Prepaid Cards: An Overview

Over the years, the use of prepaid cards across the world has continued to become more prevalent.  Today’s consumers use this payment method for a number of reasons, from a lack of nearby banks to budgeting efforts.  In 2015, the FDIC reported that 9.8% of U.S. households used prepaid cards. 

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A Cashless Society? Not Yet.

Technology is evolving at an exponential rate and the way that consumers view cash is changing with it.  As new methods of payment become available, consumers are adapting the way they shop and spend their money.  In recent years, many payments industry reports have said that cash will soon be

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