Getting consumers to subscribe to digital content is mostly an all or nothing endeavor: pay up via a standardized subscription paywall or go without accessing the content, says Trevor Kaufman, CEO of SaaS firm Piano.io. In this month’s Payments Orchestration Playbook, Kaufman discusses the importance...
A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion non-cash payments with a total value of $97.04 trillion in 2018, marking a $10.25 trillion rise from 2015. Credit and...
By now, you’ve no doubt heard the story about how Isaac Newton turned quarantining during London’s outbreak of the Bubonic Plague between 1665 and 1667 into a time of great focus and innovation. Newton’s sojourn out of Cambridge, England, where he was attending Trinity University,...
For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise...
Immediacy has become the name of the game for vendors and suppliers facing crumbling revenue streams. But banks can find themselves struggling to facilitate faster B2B payments. In this month’s The FI’s Guide to Modernizing Digital Payments, PYMNTS talked to Vikram Dewan, CIO at Deutsche...
The Federal Reserve Board on Thursday (Aug. 6) announced details of a 24/7 year-round interbank settlement service to accelerate the time it takes to process instant payments, with a clearing function to support instant payments in the U.S. FedNow Service represents a milestone that promises...
Payments are an omnipresent part of life for corporates and consumers alike, with the United States seeing 174.2 billion noncash payments totaling $97.04 trillion in 2018. Businesses’ and individuals’ transaction methods are also changing, with paper-based methods falling out of favor as digital methods rise....
The global economy is becoming increasingly connected, with businesses looking to sell to customers locally and around the world. Consumers value seamless, personalized checkout experiences, which means retailers who wish to earn their business must accommodate their various preferred payment methods. Enabling smooth payment experiences...
Contractor-software company Jobber is expanding its partnership with payments platform Stripe to include flexible financing and instant payouts to North American clients, the companies said Tuesday (Aug. 4). “Cash flow is critical for small businesses as they respond to changing circumstances — [it] could mean...
