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Payroll Gears Up To Leapfrog Into APIs, Faster Payments

PYMNTS

There is a similar shift occurring in another area of financial services, says Stuart Hall from PayRun.io, which was recently acquired by U.K.-based market, he said, corporates have been slow to embrace the cloud, leaving many payroll behemoths stuck in patterns of siloed, manual operations. ” An API-First Strategy.

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Hong Kong’s JETCO Unveils APIX Platform; Terra To Pilot Blockchain Payments In Mongolia

PYMNTS

Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an application programming interface (API) platform with Joint Electronic Teller Services Limited (JETCO) in Hong Kong.

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How to Use Payment Orchestration Platform

Ikajo

Considering the increase in demand for online shopping and a variety of payment options in recent years, e-commerce merchants should keep up with this pace. It is in the best interest of merchants not only to provide an excellent service but also to use an infrastructure that can expand their business opportunities.

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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Lockbox 57
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Understanding Risk Management Strategies as a PayFac

Stax

Digital payments are increasingly becoming the norm. According to Forrester’s data, digital payments are the most used payment method today, with 69% of American adults using them to make payments online. Businesses must therefore adapt and be able to accept such payments.

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In Profile: Thomas Gillan, CEO of BR-DGE

The Fintech Times

Founded in Edinburgh in 2018, BR-DGE is a payment orchestration provider on a mission for hyper-growth. The company enables enterprise merchants, financial institutions, platforms and payment providers access payment tools and products via a single integration.

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This Week In Payments: New Frontiers — Visa And Plaid; Goldman And Marcus; And Big Doings ‘Bout SMB Payments

PYMNTS

Plaid creates application programming interfaces (APIs) that make it easier for consumers to share their data, including bank account credentials, with third parties via a single digital touchpoint. In terms of mechanics, the acquisition — which involves a cash payment of $4.9 Billion Plaid Purchase.