Payments Innovation

Payments Innovation
Universities Seek Guidance To Grow Enrollment In A COVID-19 Era
April 23, 2020

To retain and fuel student enrollment for the 2020-2021 academic year, vertical payments company Flywire has unveiled a new framework. The “Planning with Confidence in the COVID-19 Era” report is based on input from institutions, global student communities and industry affiliations with insights to help...

Payments Innovation
How AP Automation Supports Business Continuity Plans
April 23, 2020

With his experience working with companies located in hurricane zones, Joel Wilhite, CFO of AvidXchange, knows how to properly execute business continuity planning, a necessity for companies in uncertain times. The accounts payable (AP) automation technology company helps businesses harness technology to run once-manual business...

Payments Innovation
Business Models Drive Integrated Payments Innovation
March 24, 2020

It’s easy to make things complicated. It’s harder to make them simpler, especially when it comes to payments. In a Masterclass interview with Karen Webster, Bob Butler, president at Payrix, said turning payments from a cost center into a profit center increases companies’ value to their...

Payments Innovation
Red Hat: Innovating Payments The Open Source Way
March 17, 2020

To stay competitive, especially with digital startups unencumbered by legacy systems, traditional financial institutions (FIs) need to deliver seamless customer services to individual consumers and enterprise customers alike. To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs...

Payments Innovation
Making Invisible Payments More Than A Buzzword
March 11, 2020

From cash and coins to mobile wallets to wearables … to invisible payments. About 90 percent of purchases are still being made in-store, but the payment modalities are changing — and rapidly. To that end, said Matt Good, senior vice president and general manager of...

Payments Innovation
Merchants, PayFacs And Monetizing Payments Flows
March 11, 2020

Amid the seismic changes that have refashioned the payments landscape over the last few years — as large players get ever larger (such as the $22 billion Fiserv-First Data deal) — there is an opportunity for software-as-a-service (SaaS) companies and digital marketplaces to monetize payments....

Payments Innovation
How FinTechs Help Companies Optimize Their Payments Acceptance Costs
February 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Modo Founder and CEO Bruce Parker said there are many different drivers of that cost. Big online eCommerce, gig economy or other merchants “tend to have a lot of different...

Payments Innovation
Will Bird’s Payment Plans Take Flight?
February 26, 2020

(Warning: This article contains puns aplenty, fowl indeed). Bird, the scooter company, may ruffle some feathers in the very cities and locations where it seeks to engender goodwill — more so than it already has. And, beyond that, here are some key questions: Will its...

Payments Innovation
i2c, Sightline Team Up For Cashless Cross-Channel Gaming 
February 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. 26. Founded in...