Payments Innovation/page/4 news and trends

Trustly Lays Out Vision for Open Banking at Retail
Payments Innovation // July 16, 2024

Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Christina Potter, head of eCommerce at Trustly, told PYMNTSTV that paying by bank also has benefits for end consumers, tied to...

AI Unlocks Feedback Loop Between Payments Innovation and Customer Expectations
Payments Innovation // July 15, 2024

All the innovation in the world changes nothing if it fails to meet the needs of end-users. And against a backdrop where expectations around payments convenience, speed, security and, increasingly, personalization have never been more heightened, innovation within the payments space is vital to both...

Why Data Analytics Represent the Frontier of B2B Decision-Making
B2B Payments // July 03, 2024

Building better B2B relationships increasingly starts with better payments data. And with the news Tuesday (July 2) that FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting, leveraging B2B payment data for insights into spending patterns and...

Gynger Raises $20 Million to Scale Embedded Financing Platform
Payments Innovation // June 20, 2024

Gynger has raised $20 million in a Series A funding round led by PayPal Ventures to support its embedded financing platform for technology purchases. The company will use the new funding to scale its team and operations and fuel its growth, according to a Thursday...

Interviews & Exclusives
Trustly Lays Out Vision for Open Banking at Retail

July 16, 2024
Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Christina Potter, head of eCommerce at Trustly, told PYMNTSTV that paying by bank also has benefits for end consumers, tied to a better user experience and better security. We’re not all […]

AI Unlocks Feedback Loop Between Payments Innovation and Customer Expectations

July 15, 2024
All the innovation in the world changes nothing if it fails to meet the needs of end-users. And against a backdrop where expectations around payments convenience, speed, security and, increasingly,...

Why Banks Are Starting to Care About MACH Architecture

June 14, 2024
Financial institutions (FIs) can’t meet the evolving needs of digital-first customers with traditional solutions and infrastructure.  That’s why the finance industry must continually modernize the banking experience — and its...

Why It’s Time for Corporates to Jump on the ISO 20022 Bandwagon

June 14, 2024
It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone recently when the U.S. CHIPS...

Quick Reads
Temenos and Visa Partner to Provide Money Movement Solution to Banks

July 16, 2024
Banking software company Temenos has teamed up with Visa to provide the money movement solution Visa Direct to banks. Visa Direct will be integrated with Temenos Payments Hub and made available to banks via Temenos Exchange, the company’s ecosystem of partner solutions, the companies said in a Tuesday (July 16) press release. “By combining Visa […]

Gynger Raises $20 Million to Scale Embedded Financing Platform

June 20, 2024
Gynger has raised $20 million in a Series A funding round led by PayPal Ventures to support its embedded financing platform for technology purchases. The company will use the new...

Stripe Launches Its First Open Banking-Powered Payment Method in UK

May 21, 2024
Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the company said in a Tuesday...

Mashgin and Verifone Team on AI-Powered Self-Checkout

May 20, 2024
Touchless self-checkout company Mashgin has launched a partnership with payments solution provider Verifone. The two companies’ integration, announced Monday (May 20), will let Mashgin deploy its computer vision self-checkout system via Verifone’s Commander solution,...