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Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

This week's look at payment rail innovation is all about digitization and payments acceptance. Boost Payment Solutions is teaming with Visa for commercial payments acceptance, while EE is joining forces with Square to help U.K. merchants accept touch-free payments. Nacha Adopts Eight ACH Payment Updates.

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B2B Innovators Explore The New Payment Rail Combinations

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According to Tech In Asia reports, Visa is also working with Velo Labs Technology and Lightnet Group to develop new payment solutions for small businesses across Asia, allowing small and medium-sized businesses (SMBs) to use Velo's digital tokens as collateral to get a loan or receive a line of credit. Iceland Debuts Instant Payments.

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Staffing Changes And New Initiatives Announced At NACHA

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Her duties, according to NACHA, include serving as administrator of the ACH network and conducting legal oversight for the NACHA Operating Rules. Larimer had previously served as executive vice president of ACH network services and general counsel. Reporting to Larimer will be other executives moving into new roles.

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