Financial institutions may accept six or more payment types, while customers need simpler, more-efficient payment solutions.
Amid an accelerating proliferation of technologies, financial services players confront great complexity in choosing an appropriate tokenization scheme to make payments more secure.
Nonbanks are leading the way in payments innovation because banks are stifled with overregulation.
Migrating from magnetic stripe to EMV chip cards may seem daunting to some bankers, but following four key steps will help facilitate the process.
While same-day ACH transactions offer the promise of expedited payments, the need for upgraded fraud protection poses serious cost issues for community banks.
Direct Insite won the Payments Innovation Track award at BAI Payments Connect 2015 for developing a product that helps banks trim their accounts receivable costs.
Real-time payments are feasible in the U.S. based on lessons learned in the U.K., according to BAI Payments Connect 2015 speaker Ann Caple.
Lessons learned while introducing remote deposit capture (RDC) services can help bankers handle the auditing requirements for mobile RDC.