Payments Dive

AUGUST 4, 2023

The company is pulling the plug on Cash App’s Verse brand in the European Union and buy now, pay later operations in Spain, France and Italy.

Operations 195

Operations Branding Company 195

Payments Dive

MAY 16, 2022

"I’ve been disappointed to see how the payments industry is constantly looking for ways to profit off of small businesses in sneaky ways," says Copper CEO Dickson Chu.

Operations 370

Operations Industry Payments 370

Payments Dive

SEPTEMBER 23, 2024

The convenience store operator turned to Relay Payments to allow truck drivers to pay securely at most of their fueling locations.

Payments 195

Payments Security Operations 195

Payments Dive

JULY 21, 2023

Ming-Tai Huh shares how his position as a restaurant operator and a tech executive has given him a singular view of the restaurant industry’s challenges.

Operations 195

Operations Industry 195

Perficient

MARCH 30, 2023

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Any operations team that has dealt with a stock loan trading desk can contest the inherent friction between providing more available securities to the desk and reliance on settlement cycles and market constraints.

Operations 275

Operations blockchain Capital Security 275

Payments Dive

MAY 10, 2024

The collaboration with a Chinese entity began Wednesday, with processing of cards issued by banks in the country following years of preparations.

Operations 293

Operations Cards 293

Payments Dive

OCTOBER 21, 2022

The major payments processor agreed to sell an IT business unit and a Costa Rica division to Infinite Computer Solutions. They also entered a multiyear pact for the buyer to keep providing services.

Operations 305

Operations Payments 305

Payments Dive

MAY 30, 2023

The modern card-issuing company is closing its outpost in Australia as part of its cost-cutting campaign.

Operations 356

Operations Cards Company 356

Payments Dive

DECEMBER 4, 2023

Leaders are confronting growing challenges across their payment operations.

Payments 396

Payments Fintech Operations 396

Payments Dive

MAY 1, 2020

Major banks are reviewing plans to relaunch branch operations after the peak of the COVID-19 pandemic in the U.S., but executives and experts say some key changes in bank operations will likely continue going forward.

Operations 397

Operations 397

PYMNTS

DECEMBER 10, 2020

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Much of the U.S.

Operations 192

Operations Payments Cards Mobile 192

PYMNTS

JANUARY 18, 2019

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times ( FT ) reported on Thursday (Jan. The combined entity will be called the Wholesale Payments unit.

Operations 151

Operations Payments Community Bank Cards 151

Payments Dive

JUNE 30, 2020

Wirecard North America officials said the company was looking for a new owner as the multi-billion accounting scandal at the German-based payments firm reverberated across the globe. UK regulators reached agreement to let operations resume there.

America 286

America Operations Marketing Regulation 286

PYMNTS

APRIL 22, 2019

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately.

Operations 159

Operations Payments System Compliance 159

PYMNTS

DECEMBER 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 In September, Thunes announced that it had landed $60 million in Series B funding.

Operations 191

Operations America Payments National 191

Payments Dive

APRIL 20, 2022

From QR codes to advanced mobile apps and robots, restaurants are planning to adopt more technology within their operations — including payments — in the year ahead.

Payments 439

Payments Mobile Operations Technology 439

Payments Dive

MARCH 7, 2022

The payments giants all separately cut off use of their services in Russia, citing that country's invasion of Ukraine. "This war and the ongoing threat to peace and stability demand we respond in line with our values," Visa CEO Al Kelly said in a Saturday statement.

Operations 259

Operations Payments 259

Payments Dive

JUNE 24, 2024

The Federal Reserve said last week that it will give the public two more months to comment on its plan to expand operating hours for its two large-value payments services, the Fedwire Funds Service and the National Settlement Service.

Payments 195

Payments National Operations 195

PYMNTS

AUGUST 21, 2020

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. In addition, he noted that the sale of some of the company’s operations in Britain and North America could be announced soon. billion euros ($2.1

Operations 222

Operations America Cards Compliance 222

Accenture

NOVEMBER 16, 2020

Inside that complexity lie some operational hurdles for payments players—but also tremendous opportunities. The post Why ISO 20022 is a seismic shift for payments appeared first on Accenture Banking Blog. There’s no two ways about it: ISO 20022 is a complex new standard for financial services firms of every description.

Payments 545

Payments Operations 545

PYMNTS

JANUARY 8, 2020

The post did not say when Amex would start operations in the country. In November of 2018, Amex got approval to clear card payments by the PBOC , making it the first company of its kind to get access to what will become the largest card network this year. Lianlian counts PayPal and Apple among its strategic partners.

Operations 187

Operations social media Cards Apple 187

Payments Dive

MAY 1, 2023

CEO Jeff Sloan will step down June 1 and be replaced by the payment processor’s president and chief operating officer, Cameron Bready.

Payments 243

Payments Operations 243

Payments Dive

JULY 16, 2024

The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations, although a few major banks are holdouts.

System 543

System Operations Payments 543

Perficient

JULY 16, 2020

Expand access to all clinical specialties virtually, deploying a clinical operating model that seamlessly provides both virtual and physical care as needed/demanded. The New Challenge: Creating A Pluralistic Clinical Operating Model. The Essential Dimensions of the Pluralistic Clinical Operating Model.

Operations 309

Operations System United States Video 309

PYMNTS

JANUARY 8, 2021

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A So Much More Than Payments.

Operations 349

Operations Payments Industry Management 349

The Paypers

OCTOBER 16, 2024

Global digital asset market maker Keyrock has partnered with Deutsche Bank in order to optimise payment and FX operations for market making and OTS trading.

Operations 69

Operations Marketing Payments 69

PYMNTS

JANUARY 24, 2021

The paper cited positive data from a large swath of UK tour operators. Bus operator National Express reported a 185 percent increase in bookings for spring and summer trips compared with bookings made during the same period in 2020.

Operations 260

Operations Groups Lending National 260

PYMNTS

OCTOBER 30, 2020

It cannot be overstated how integral non-cash payments are to the global economy, with the United States processing more than 174.2 billion of these payments in 2018 alone for a total of $97.04 Cash payments are quickly falling to the wayside, with only 26 percent of all U.S. Digital payments are fraught with obstacles, however.

Operations 228

Operations Payments Compliance System 228

South State Correspondent

SEPTEMBER 13, 2023

Most banks ignore instant payments or are still worried about fraud and research. The irony is that of the estimated $25 trillion in B2B payments in the U.S., Why Payments Matter For the bank, the correlation between transactions processed and profitability is exceedingly high – approximately 82%.

Payments 221

Payments Fraud Data Taxes 221

The Paypers

DECEMBER 7, 2023

Cyprus-based BridgerPay has launched its omnichannel payment operations platform to provide flexible and simplified business payment processes.

Operations 45

Operations Payments 45

Payments Dive

JANUARY 24, 2023

The wallet, which is expected to launch in the second half of the year, aims to compete with PayPal and Apple, sources told The Wall Street Journal. But serious competition may take a while, an analyst said.

Operations 370

Operations Report Apple 370

PYMNTS

OCTOBER 28, 2020

In the November edition of the Payments Orchestration Playbook , PYMNTS examines how payments orchestration is emerging as an effective way to help bring firms up to speed as they find their digital operations wanting. Across The Payments Orchestration Ecosystem. Deep Dive: Using Payments Orchestration To Enhance ROI.

Payments 257

Payments Report Operations United States 257

Payments Dive

MAY 24, 2022

Klarna, a major buy now-pay later player and Europe's highest value fintech, has "re-evaluated" its business and made "really tough decisions" that include cutting 10% of its workforce, the CEO said.

Operations 221

Operations Fintech 221

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

Innovation 323

Innovation Payments cryptocurrency blockchain 323

Perficient

FEBRUARY 27, 2023

The payments industry is no different, and we’re quickly approaching a new intersection point due to the Real-time Payments’ movement into the US. These days, as the US prepares to embrace real-time payments in 2023, the intersection of real-time payments and automation has become a key point of discussion.

North Carolina 275

North Carolina Charlotte Payments US 275

PYMNTS

MARCH 1, 2018

The Bank of England’s chief operating officer is joining the U.K.’s s New Payment System Operator (NPSO). Payments Administration’s current Deputy CEO, Jenny Crawford, is joining the NPSO as its chief people officer. Payments Administration (UKPA) to provide support to payment system operators.

Operations 100

Operations System Payments Regulation 100

Chris Skinner

JANUARY 16, 2020

Just before Christmas I heard of a new European payments initiative called PEPSI, short for Pan European Payment System Initiative. Nice acronym although I prefer Coca-Cola, the Co-ordinated Car Co-operative Association. Or something like that. Anyways, whichever Cola you prefer, this new initiative is interesting.

Payments 327

Payments Maine System Operations 327