Payments

Digital disruption, or the use of digital technologies and business models to improve business performance, has the potential to overturn incumbents and reshape markets faster than perhaps any force in history.

For years, financial institutions have been enjoying the fruits of an industry-wide growth rate related to the move to a cashless society.

Many countries have taken steps toward the implementation of real time and same-day movements of money and the U.

A payments hub is a flexible platform that enables banks to build their own payments services that can integrate with multiple systems and channels, essentially breaking down the silos present in legacy structures.

Data breaches have become so common that virtually no business or financial institution is safe.

“Digital” is the new buzz word that has led to disruptions across multiple industry segments, including banking.

In the wake of recent well-publicized data breaches, the financial services industry is looking at tokenization as a means of improving the security around payments.

With the advent of Apple Pay and Android Pay, Bitcoin and EBay spinning off PayPal, payments are in the spotlight.

This October represents a key deadline for financial institutions across the country.

The implementation of same-day Automated Clearing House (ACH) transactions has been getting a good amount of attention lately.