Payments Innovation

Payments Innovation
FCA Proposes Changes That Remove ‘Barriers’ to Growth And Innovation in UK Payments
November 29, 2021

In its 2020-21 business plan, the U.K.’s Financial Conduct Authority (FCA) announced that the payments sector would be one of its key priorities for the next three years to ensure that consumers make payments safely, that consumers and small and medium-sized businesses (SMBs) have access...

Payments Innovation
Making Online Checkout Better Starts at the Beginning, Not the End
November 15, 2021

A study conducted in 2011 by two University of San Diego professors says that people who read the end of a book first not only go on to read the entire book from beginning to end, but enjoy their reading experience more. Their research suggests...

Payments Innovation
Citi’s Instant Payments Expands Reach to 28 Markets Following Launch in Brazil
November 08, 2021

Citi’s Treasury and Trade Solutions (TTS) has launched domestic instant payments in Brazil, bringing its global reach to 28 markets in numerous regions, according to a press release on Monday (Nov. 8). Usage of Citi’s real-time payments capabilities has grown more than 100% in the...

Payments Innovation
Frictionless Checkout Brings eCommerce Convenience into Stores to Drive Conversion
November 01, 2021

Around the world, the grocery shopping experience is growing increasingly frictionless. Where just a few years ago, cashierless checkout technology was an out-there new technology being piloted at a select few small-format Amazon retail stores, now a range of solutions providers are competing to offer...

Payments Innovation
NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
October 29, 2021

Businesses in the United States and Canada have a receivables problem. Firms in both nations say they wait much longer to receive payments now than they did two years ago, with the average business in both nations now waiting 45 days to realize the revenue...

Payments Innovation
More Tech Isn’t Always The Answer
October 27, 2021

Allen Simpson, acting CEO of London & Partners, discusses how new, pandemic-driven payment models have put cash at risk. “At a societal level, the solution is not further technological innovation nor access to technology, but a model that recognizes the need to keep cash as...

Payments Innovation
Deep Dive: How Payments Orchestration Can Reduce eCommerce Platforms’ Merchant Integration Challenges
October 26, 2021

eCommerce has become many customers’ new normal when it comes to shopping, with the online shopping market hitting $10 trillion in value last year amid social distancing and stay-at-home orders that slowed brick-and-mortar retail to a crawl. It has been a huge boon to eCommerce platforms...

Payments Innovation
Livescale on Reducing the Time It Takes to Onboard New Merchants
October 25, 2021

Onboarding merchants in a fast yet cost-effective manner is often an uphill battle for eCommerce marketplaces. But it’s a source of friction that can be minimized by payment orchestration APIs. In this month’s Accelerating The Time To First-Time Payments Playbook, PYMNTS talks with livestream shopping...

Payments Innovation
Payments APIs Fast Track Merchant’s Time-to-First-Payment
October 22, 2021

Onboarding merchants in a fast yet cost-effective manner is often an uphill battle for eCommerce marketplaces. But it’s a source of friction that can be minimized by payment orchestration APIs. In this month’s Accelerating The Time To First-Time Payments Playbook, PYMNTS talked with livestream shopping...