Payments Industry news and trends

SWIFT Working Group To Create ISO 20022 Standard
Digital Payments // April 04, 2019

SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the move of cross-border transactions to the ISO 20022 standard. In a press release, SWIFT said the community has decided to create the standard...

Happy Birthday To PYMNTS
Commerce // October 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. The skies parted, the Earth shook and the song of angels was heard from on high. Well, that’s how we remember it, anyway. Nine years is a...

Payments Stocks Decline Amid Earnings Season’s Close
Stock Index // August 07, 2017

Stock performance was decidedly down this past week, as earnings continued to factor into investors’ sentiments over the payments space. The winners included global mobile capture and identity verification technologies provider Mitek Systems Inc., which gained 60 cents on the week and added 5.8 percent. Shares rallied on the...

Paysafe CEO: Risk Is The Tie That Binds Online Payments
Digital Payments // May 30, 2017

A lot has changed since 1997. Back then, Amazon was a small online bookseller, a boy named Mark Zuckerberg turned 13 and few were thinking about digital in the payments space. Someone who did have their finger on the pulse of digital payments 20 years ago was...

Quick Reads
SWIFT Working Group To Create ISO 20022 Standard

April 04, 2019
SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the move of cross-border transactions to the ISO 20022 standard. In a press release, SWIFT said the community has decided to create the standard in light of multiple planned migrations to ISO 20022. SWIFT […]