What lies ahead for the world of digital payments
The pandemic's impacts may lead to greater financial inclusion but will require new standards to stop fraud and safeguard consumers’ money.
The pandemic's impacts may lead to greater financial inclusion but will require new standards to stop fraud and safeguard consumers’ money.
A clear vision of your goals and getting the right stakeholders involved are critical to shaping your approach and realizing the expected returns.
Customers will take care of some of their holiday spending bills with bank bill pay. But has the service kept pace with other digital updates? BillGO's Dan Holt discusses the current state of bank bill pay and why it should get a makeover.
COVID-19 pushing the U.S. to start catching up with the world on issuance and acceptance of contactless cards.
Harland Clarke's Nicole Machado discusses the latest in card technology, and how the pandemic has particularly spiked demand for cards that don’t require punching in a PIN.
The OCC’s recent guidance letter acknowledges that banks and credit unions can play a number of roles in the new digital asset transaction ecosystem.
The sharp decline of in-person banking during the pandemic places greater emphasis on technology tools for processing checks.
According to the BAI Banking Outlook: Trends in 2020 survey, roughly half of Millennial, Gen X and Gen Z consumers expressed a willingness to switch financial services providers for better banking apps Read More
The research has not been exhaustive, but there is a 99.99 percent certainty that the predictions published in our industry for 2020, as well for the next decade, did not include the COVID-19 pandemic.
Though most Read More
For the banking industry, the last few decades have brought massive innovation and change, with a shift from being primarily brick and mortar to being supplemented with online and mobile. Fintechs saw a meteoric rise, Read More
Whenever there’s a disaster, you can count on scammers and fraudsters to be quick to try to exploit our fears and sense of compassion. So it’s no surprise that the current Read More
In the not-too-distant future, we’ll no longer have to drive ourselves to work each morning. Instead, a driverless car will ferry us to the office as we sit serenely in the passenger seat, catching up Read More
Payments are the largest source of non-interest revenue for many banks, yet the majority of institutions do not have an enterprise payments strategy. To succeed in the rapidly evolving payments landscape, banks must develop a Read More
A shift is under way in how banks and other corporations adopt and apply new technologies. For the payments industry, ease of integration has become a primary focus and serves as both a driver and Read More
This will be a transformational year for acquiring banks that are focused on improving the value they offer to merchants while protecting consumers’ privacy. As the evolution of payments technologies continues, mergers and acquisitions are Read More
We’ve heard the hype about mobile wallets for almost a decade. And heard it. And heard it. And yet … the road to adoption has been slow. Passenger-pigeon slow. Tin-can-and-string slow. Ugly-beige-rotary-phone slow.
The stats Read More
To sell or to engage?
Many financial institutions struggle with this question relative to customer onboarding. And we have an answer: Engagement wins.
According to Javelin Strategy & Research, financial institutions can boost the Read More
In order to be considered customer-focused in all areas, including payments, many businesses have unintentionally created chaos in their back office. They’ve added new payment channels even as old methods, such as checks, have refused to Read More
Faster, smoother, more-open payments systems are coming our way thanks to a little something called an API. That stands for application programming interface, which is what, exactly?
You can think of an API as an Read More
In a world of digital wallets, mobile payments and fintechs, platform modernization stands as an inevitable journey for banks and payments processors. New technologies, intense competition and soaring customer expectations now drive banks to transform Read More