For at least the last 15 years, it seems there has always been someone ready to write a eulogy for independent sales organizations (ISOs). The exact cause of ISOs’ predicted death changes every few years depending on what is going on in the payments ecosystem...
Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. Consumers, after all, tend to trust their financial institutions (FIs) to safeguard their money – and the...
Consumers lost some $430 billion to fraudsters via online platforms in the past two years, and that figure shows no sign of declining. Fraudsters are prolific on eCommerce sites, and online marketplaces that cater to individual buyer and seller relationships have especially unique challenges when...
Once upon a (very recent) time, if customers needed financial services of any kind, they went to their bank. From investing to storing funds to making payments, the bank offered the total financial services bundle. And that was by design, as Ingo Money CEO Drew...
Payments is in a state of constant change, with decision points shifting as fast as each innovation, disruption and tweak in consumer behavior. Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the...
It was the gasp heard ‘round the world last week. Google confirmed that it will partner with Citi and Stanford Federal Credit Union to launch a checking account linked to Google Pay sometime next year. Media outlets and pundits have chalked this up to Google...
The infrastructure is in place for real-time payments. Peer-to-peer (P2P) transactions are setting the stage for wider acceptance of paying bills and conducting commerce 24/7. Craig Ramsey, head of real-time payments at ACI Worldwide, lays out how digital overlays and real-time rails will be ready...
When the history of the paper check is written someday, scholars will not note it was the best payments form, nor the fastest, cheapest or most beloved. Paper checks in the closing days of the 2010s are not only less than beloved, they are also...
One of the themes of the coming decade — we’ve sprung for a top-shelf crystal ball here at PYMNTS, so we can state such things — is getting more value from payments, and making them an even more central part of the overall consumer experience....
