Payments Innovation

Payments Innovation
Why The 2020s Will Be The Vertical Payments Solutions Decade
December 18, 2019

Looking ahead to a new decade in payments — and the opportunity to monetize transactions — over the horizon lies the vertical. Vertical payment solutions are nothing new. But the idea of bringing payments in-house, as part of software offerings — and in turn helping...

Payments Innovation
M10 CEO: What Central Banks Want In New Global Payments Rails
December 17, 2019

Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. And that brings us to the world of global payment rails, the...

Payments Innovation
How Younger Generations Impact Travel Marketplaces, Payments
December 13, 2019

Travel was the original impetus behind the sharing economy, with platforms like Airbnb opening up private houses for vacation rentals and Uber catering to those needing rides to work or home. This segment has expanded, but the business model and target customers remain roughly the...

Payments Innovation
How Outdoorsy Is Balancing Buyer, Seller Payments In The RV World
December 12, 2019

Sharing platforms in the $50 billion RV market are just the latest example of a sharing economy marketplace trying to grapple with fraudulent listings while keeping the consumer trust. In the latest Payments And The Platform Economy Playbook, Colin Gardiner, chief revenue officer of RV...

Payments Innovation
AI’s Place In The $50B RV Market
December 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. This competition can grow especially fierce as the demographics...

Payments Innovation
How Order To Cash Eases Cash Flow Woes
December 10, 2019

Paper — it’s like the nightmare we can’t wake up from. In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research finds that nearly 44 percent of invoices are still sent by fax machine and over...

Payments Innovation
How FinTechs Enable Payment Data Visualizations
December 04, 2019

FinTech innovators are continually evolving their technology platforms as they aim to dive deeper into the automation space and also widen their offerings. DadeSystems, in one case, has been expanding into analytics. It considered building its own analytics, but it decided to use an open-source...

Payments Innovation
How FinTech Payment Platforms Power Marketplaces
December 03, 2019

FinTech firms are aiming to serve the payment needs of marketplaces with technology that helps funds flow both in and out of their accounts — a process that meets many challenges when dealing with so many payment services globally, or even in just one country. Modo,...

Payments Innovation
Apple Rolls Out Express Transit Payments For London Commuters
December 02, 2019

Transport for London (TfL) riders who use Apple Pay now have access to a new tool that will enable them to bypass facial or fingerprint scanning, The Verge reported on Monday (Dec. 2). With Apple Pay Express Transit payment mode, TfL users can seamlessly travel...