Payments Source

SEPTEMBER 19, 2017

TSYS has expanded its relationships with ISOs or entered into joint ventures with companies such as super ISO Central Payment. TSYS has been gradually increasing its stakeholder share in Central Payment as part of the collaboration.

ISOs 63

ISOs Payments Process Retail Payments 63

The Fintech Times

FEBRUARY 15, 2024

This surge in usage of POS systems follows a decade of phenomenal technological innovation across the broader retail and financial services sectors – innovation that has seen both card readers and many other areas of retail payments digitally transform to better serve shifting consumer demands.

Technology 64

Technology Point-of-Sale (POS) Small Business Online and Mobile Banking 64

Fintech News

JULY 3, 2024

Overcoming Technical and Regulatory Hurdles One of the key challenges in connecting multiple instant payment systems is the variation in technical standards and regulatory requirements across different countries.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Instant Payments Central Bank 116

Fintech News

DECEMBER 10, 2023

It gathered data from C-level decisionmakers at over 500 banking and non-banking financial institutions across a variety of departments such as fraud, operations, treasury, product, and technical implementation. Additionally, the sector’s impressive growth is reflected in the 2023 Singapore Fintech Map, with 700 companies now featured.

FinTech 118

FinTech Cross-Border Deepfake Cross-Border Payments 118

Payments Source

JANUARY 28, 2018

Consumers are more than willing to share retail payment information, geolocations, as well as Uber, OpenTable, Facebook, and Twitter information. However, they have high expectations for what they receive in return, writes Lisa Woodley, vice president of FSI customer experience for NTT Data Services.

Payments Data 76

Payments Data Risk Returns AI 76

PYMNTS

APRIL 19, 2016

However, as the rules of retail payments continue to change, it’s increasingly the smallest retailers that are seeing sales lost to nothing but their inability to keep up with the technological trends. A rising tide lifts all boats — or, at least, it’s supposed to.

Faster Payments 40

Faster Payments EMV Payments ISOs 40

Payments Source

JANUARY 23, 2018

The company plans to move into more retail payment processing as part of a broader diversification strategy that includes the acquisition of Cayan.

Retail Payments 65

Retail Payments Process Payments ISOs 65

PYMNTS

JULY 3, 2018

. “The Cheque and Credit Clearing Company has developed a tremendous amount of trust in payments through the robust and secure exchange of checks and credits over 30 years, and is now revolutionizing the way checks are cleared through the ICS,” said NPSO Chief Executive Paul Horlock in a statement.

Continuity 40

Continuity ISO 20022 Message Standards Faster Payments 40

The Fintech Times

JULY 20, 2024

This has included using new technology and messaging standards (ISO 20022) to improve performance, data quality and operational efficiency. “Unfortunately, the development of NPA has been delayed many times and we are still awaiting the delivery of NPA to really propel the UK’s payments systems into the new digital age.

Payments 75

Payments Mitigation Regulations ISO 20022 75

PYMNTS

NOVEMBER 15, 2017

Over the course of the next nine to 12 months, the Fed will be conducting a formal assessment of real-time settlement needs, with a focus on a retail payments environment. It may be no surprise that security remains top of mind for the innumerable stakeholders in the payments arena.

Fed 44

Fed Faster Payments Federal Reserve ISO 20022 44

Payments Source

NOVEMBER 14, 2019

The blockchain has the potential to disrupt any industry sector, leaving in its wake a more effective system where people get to own the value they create, says PayStand's Jeremy Almond.

Blockchain 125

Blockchain Venmo ISOs Process 125

Payments Source

AUGUST 12, 2019

The difficulty of detecting synthetic fraud has caused it to quickly develop into the primary method of attack for criminals, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

Crime 120

Crime Risk Payments Technology 120

Payments Source

SEPTEMBER 27, 2018

It could be tempting to pick the easiest pricing option to understand and move on. But other times, more complex pricing options can really help businesses save money, writes Angelo Grecco, chief business development officer for CardConnect.

ISOs 117

ISOs Process Retail Payments Payments 117

Payments Source

JUNE 11, 2019

By making sure their payment processing solution is compliant, they can save themselves the hassle of declined payments and make sure they’re capitalizing on the expansive European e-commerce market, writes Ralph Dangelmaier, CEO and board member at BlueSnap.

Process 117

Process Payments Authentication ISOs 117

Payments Source

FEBRUARY 21, 2019

Modern, global merchants need comprehensive, integrated frameworks that reduce costs, manage risk and exposure, provide direct connectivity and redundancy to optimize reliability and keep control over the customer experience closer to the merchant, according to Eric Rosenthal, managing director of the Americas at Rapyd.

Cost Management 115

Cost Management Consumer Risk ISOs 115

Payments Source

JULY 11, 2019

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

Cryptocurrency 113

Cryptocurrency Innovation ISOs Compliance 113

Payments Source

JUNE 3, 2019

When it comes to digital-native shoppers, it’s more than just understanding how their expectations have changed. These expectations are tied to emotional factors that influence buyer behavior, says Michael Rouse, chief commercial officer at Klarna.

Posting 106

Posting ISOs Process Digital Payments 106

Payments Source

JULY 30, 2019

While traditional payment processors conquered bitcoin in the first battle, the disruptive potential of blockchain technology remains a potent threat and incumbent payment processors should prepare for a healthy new challenge.

Processors 105

Processors Bitcoin Blockchain Payments 105

Payments Source

NOVEMBER 6, 2016

Mobile wallets need to be open and accessible across all systems.

NACHA 103

NACHA ISOs Retail Payments Payments 103

Payments Source

NOVEMBER 25, 2019

Fraudsters have access to vast quantities of personal identifiable information and can look very authentic. Therefore, it is better to diversify and utilize multiple sources of data to help protect your business.

Authentication 99

Authentication Risk ISOs Process 99

Payments Source

OCTOBER 1, 2018

Collaboration is a critical part of how we prevent cyberattacks from turning into breaches that put consumer payment card data at risk, writes Lance Johnson, executive director of PCI SSC.

Participant 98

Participant Payment Security Breach Security 98

Payments Source

OCTOBER 21, 2018

Today, you can sell anywhere in the world successfully with just a single payment gateway integration, writes Ralph Dangelmaier, CEO of BlueSnap.

Processors 94

Processors Payment Gateways Gateways Payments 94

Payments Source

AUGUST 19, 2018

Even as the payments landscape has become increasingly complicated and convoluted over the past several years, many industry players have not kept pace with their payments testing methods or tools, writes Steve Gilde, director of global product marketing for Paragon Application Systems.

Product 94

Product Payments Risk ISOs 94

Payments Source

JULY 24, 2019

In their efforts to understand data privacy regulations and maintain compliance, it’s become clear that a large number of retailers simply don’t know the true whereabouts of their customers’ data, never mind how that data is being used, says Cleo's Dave Brunswick.

Privacy 93

Privacy Compliance Regulations Risk 93

Payments Source

MAY 21, 2018

With the use of global standards, merchants can also strengthen and consolidate their relationships with vendors and minimize expenditure on hardware and software solutions and maintenance, writes Normand Provost, liason chair of Nexo.

Payments 92

Payments Cross-Border Payments Cross-Border ISOs 92

Payments Source

APRIL 12, 2018

DCC is popular with payment processors and merchants because it almost effortlessly boosts profits, gouging an often one-time consumer instinctively comfortable and receptive to paying in his familiar home currency, writes Eric Grover, a principal at Intrepid Venture.

Processors 92

Processors Visa Consumer Payments 92

Payments Source

MARCH 1, 2019

By passing these fees on to shoppers, small retailers no longer have to cut vital operational costs to accommodate for lower margins from loyalty programs, says Robert Maynard, the founder of SurchX. Consumers are willing to pay a bit more for repeat business at a merchant.

Consumer 90

Consumer ISOs Process Retail Payments 90

Payments Source

JANUARY 30, 2019

Fraudsters have evolved their strategies to focus on other flavors of fraud, and its actually encouraging to see retailers are still treating payment fraud as a top-of-mind concern as that evolution happens, according to Håkan Nordfjell, senior vice president of digital banking at Gemalto.

EMV 90

EMV Payments ISOs Retail Payments 90

Payments Source

AUGUST 8, 2019

The maturation of e-commerce has ushered in an era of personalization at scale and growing customer demand for convenient, flexible shopping experiences, writes Will Walker, enterprise manager at Roadie.

ISOs 89

ISOs Process Retail Payments Payments 89

Payments Source

SEPTEMBER 28, 2017

Card fraud is declining, making smaller merchants and other chip card laggards even larger targets, writes Allen Friedman, director of payment solutions at Ingenico Group, North America.

Chip Cards 87

Chip Cards EMV CHIPS Payment Solutions 87

Payments Source

JUNE 21, 2018

From regulations such as GDPR and PSD2 to conversations at major conferences, financial services and payment companies are coming to grips with how vital it is to step up ID protection, according to Lina Andolf-Orup, global product marketing manager at Fingerprints.

Rules 87

Rules Payments Regulations Product 87

Payments Source

NOVEMBER 6, 2017

For most retailers heading into this year’s holiday-season sales crunch, the epic Equifax data breach was only the latest in a series of escalating threats that are having a profound effect on the way they handle payments.

Data Breach 86

Data Breach Risk Breach Payments 86

Payments Source

JUNE 18, 2019

Banks don't compete with each other enough to effectively lead the move to faster payments in the U.S., argues CMSPI's Mark Horwedel.

Faster Payments 83

Faster Payments Payments ISOs Process 83

Payments Source

JULY 18, 2019

Optimizing web sites to be able to accommodate more traffic must be a long-term goal, not only the special days, writes Lex Boost, CEO of Leaseweb USA.

Payments 81

Payments ISOs Process Digital Payments 81

Payments Source

JULY 10, 2018

Once regarded as a safer option for consumers, BOPIS (buy online and pick up in store) has now joined the ranks of targets that cybercriminals are learning to exploit. It comes down to correctly identifying the shopper, writes Ryan Wilk, vice president of customer success at NuData Security.

Security 81

Security Consumer ISOs Retail Payments 81

Payments Source

JANUARY 16, 2018

To date, the vast majority of security investment has focused firmly on keeping the bad guys out. It only ever works to a certain extent.

Rules 81

Rules Security Risk ISOs 81

Payments Source

OCTOBER 31, 2017

Fraudsters deliberately target the holiday season, with more than half of annual fraud income taking place between September and December and chargeback rates increasing by up to 50% at peak shopping periods, writes Suresh Dakshina, president of Chargeback Gurus.

Consumer 81

Consumer ISOs Retail Payments Payments 81