Payments Innovation

Payments Innovation
Latin America Challenges Asia as Super App and Digital Payments Innovation Leader
February 06, 2023

For an emerging market, Latin America is in many ways leading the global digital transformation of payments through endless innovation and new ways of partnering. This was the upshot of a recent conversation between PYMNTS’ Karen Webster and PayU Latam CEO Francisco Leon, who said...

Payments Innovation
How the Switch to EVs Is Changing Driving and Payments
February 02, 2023

As the era of the combustion engine winds down, its payment logic appears increasingly outdated. In its place, electrification is ushering in alternative models for the way people pay to drive. The most noteworthy change is that paying to recharge vehicles with cash, while not...

Back-office
JPMorgan Payments Sees Dawn of ‘Treasurer as Influencer’ Era as Focus Shifts to Profits
February 02, 2023

With 2023 off to a running start, treasury is calling the shots differently, with a refined focus forged in the crucible of 2022. Julie Lubell, global head of Trends and Advisory at J.P. Morgan Payments, discussed with Karen Webster the new roadmap for investing and...

Payments Innovation
Nuvei CEO: Paya Acquisition to Capitalize on Software-Led Payments Opportunity
February 01, 2023

“There has been so much capital deployed in FinTech building out solutions that don’t actually solve real world problems.” Philip Fayer, CEO and chair of Nuvei, told PYMNTS’ Karen Webster that the deal-making and private funding rounds in FinTech might have peaked during the pandemic....

Payments Innovation
Retail CFOs Invest in Payments Tech to Streamline Operations
January 05, 2023

Forty-six percent of manufacturers that have previously invested in liquidity forecasting and management applications are still making these investments or plan to continue doing so. This continued CFO investment is a good indicator of the extent to which manufacturers and retailers are counting on finance...

Payments Innovation
Retailers Demanding More From Payment Service Providers in 2023
January 04, 2023

There’s a merchant mind shift underway in retail industry circles. This, as changed consumers and an increased appetite for efficiency among businesses have combined to cause more merchants to demand more help from vendors, suppliers and anyone else who can offer some help, which in...

Payments Innovation
PYMNTS Intelligence: How Payments Orchestration Can Help Aggregators Scale Quickly
December 20, 2022

Global eCommerce sales are predicted to grow by more than half over the next four years, with a projected value of $8.1 trillion by 2026. Scaling upward, however, remains a challenge for most online businesses, with more than 90% of eCommerce merchants earning less than...

Payments Innovation
SMBs See Less Clicks and More Sales With Payments Orchestration
December 19, 2022

The right payment infrastructure can mean the difference between one less click on the way to checkout and therefore one more sale, says Volusion CEO Troy Pike in this month’s “Payments Orchestration Tracker.”

Payments Innovation
Payments Orchestration Helps Small Business Shorten Time to Making a Sale
December 16, 2022

The pandemic brought merchant aggregators — marketplaces that onboard and provide crucial platforms for individual merchants — to the forefront of the payments ecosystem. Demand continues to generate new, more specialized digital marketplaces, but the proliferation of diverse payment systems worldwide means that platforms are...