Perficient

AUGUST 4, 2024

This connectivity enhances interoperability, allowing for streamlined operations and improved data flow across various platforms. Improved Security and Compliance With stringent regulatory requirements in the financial sector, security and compliance are paramount.

Industry 467

Industry Compliance Examples Risk Management 467

PYMNTS

DECEMBER 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. She explained that consumers do not generally think much about the payments piece of the shopping experience unless it does not work. Contactless Payments And eCommerce. “It

Payments 349

Payments Online Retail Mobile 349

PYMNTS

SEPTEMBER 17, 2020

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS. Our client schools and their student families around the world trust Mastercard for convenient and secure payments,” said Massaro in the release.

Payments 315

Payments Guidelines Security Cards 315

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

PYMNTS

AUGUST 7, 2020

India has seen a steady stream of digital payments since it locked down to prevent the spread of COVID-19 , but the nation of 1.3 billion suffers from either a lack of internet or low-speed service, preventing many residents from taking part in touchless payments. Four years ago, India launched its Unified Payments Interface (UPI).

Payments 267

Payments Guidelines National System 267

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

PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure.

Payments 304

Payments New York Metro New York City 304

Payments Dive

OCTOBER 13, 2022

“Not all payment platform companies are managing operational and security as judiciously as they could, and that will eventually result in costly payment failures, customer friction, or potentially a breach,” writes PayNearMe Vice President Tim Murphy.

Payments 221

Payments Security Operations Management 221

PYMNTS

MAY 18, 2020

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

JUNE 15, 2020

Visa is working with Facebook so that consumers can fully use the new payments feature on WhatsApp in Brazil, the global digital payments giant announced on Monday (June 15). “As In addition, small businesses will be able to receive payments from customers if they create a WhatsApp Business app account.

Payments 270

Payments Technology Security Cards 270

PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. It will be fully operational starting Monday (Nov. Case in point: Brazil.

Payments 328

Payments System Cards Fraud 328

PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. Expectations are changing, too.

Payments 229

Payments System Operations Training 229

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. EVO Payments Wields Visa Rails for Merchants. BitPay Secures Wyre Integration.

Innovation 291

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PYMNTS

AUGUST 13, 2020

Ariff Kassam , chief technology officer at NuoDB , spoke with PYMNTS about how firms can avoid some of these traps to ensure they can realize the operational, security and cost benefits that migrating away from in-house data storage can bring to their payment operations.

Payments 333

Payments Data System Resources 333

PYMNTS

JANUARY 19, 2021

With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. There are significant opportunities for mid-market B2B firms to not only digitize their sales operations, but to also emerge into more agile corporations that scale to meet their buyers' needs.

Online 275

Online Marketing Payments Operations 275

Perficient

NOVEMBER 11, 2020

Here are 8 trends we’re currently tracking into 2021: TREND 1: The evolution of healthcare will be characterized by a reengineering of clinical care and operations around digital health and pervasive real-time use of data and advanced analytics.? TREND 4: With increasing emphasis on cross-platform (EHR, CRM, CMS, virtual health, etc.)

Trends 618

Trends Strategy Digital Strategies Leadership 618

PYMNTS

SEPTEMBER 3, 2020

Only 26 percent of all consumer payments are made in the U.S. Beyond the wholesale shift to digital payments, Cole told PYMNTS in a recent interview, there are pockets of growth that are seeing more digital acceleration than others as lockdowns linger and businesses reopen on a staggered basis. The Demographics .

Payments 262

Payments Security Millennials Retail 262

PYMNTS

JUNE 24, 2020

Visa and the Dutch FinTech TerraPay said they plan to develop and deliver “payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.”. “Interoperability is key to a digitally connected payments ecosystem.”. .” That’s up from $601 billion in 2016.

Payments 243

Payments Fintech Course Operations 243

PYMNTS

APRIL 10, 2020

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. Modernizing Corporate Payments. “They need to move in that direction.”

Technology 360

Technology Company Operations Payments 360

PYMNTS

JUNE 19, 2020

Universality is, well, universally, desired in business — particularly when it comes to technology and especially when it comes to person-to-person (P2P) payments. The operative model here is the platform, where a universal payment ID would ostensibly make sending money as easy as sending emails.

Payments 265

Payments ATM Course cryptocurrency 265

PYMNTS

JANUARY 25, 2021

According to Ossama Soliman , chief product officer at open banking provider TrueLayer , the very fact that there are so many payment options pushes new entrants to differentiate themselves from the pack. “It But actually, it raises the bar for what it takes to add a new payment method into the checkout.”. 26) in the U.K.,

Online 300

Online Meeting Payments Cards 300

PYMNTS

APRIL 10, 2020

This reflects the complexities of a payment chain in healthcare that involves multiple entities, including patients, insurers, providers and government agencies. In many realms of businesses, machine learning (ML) and artificial intelligence (AI) have yielded powerful tools to manage such complex matters.

Fraud 362

Fraud Payments System United States 362

PYMNTS

OCTOBER 22, 2020

GE has recently sought to bring digital optimization to its back-office payments processes as well. A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. We've suffered losses with the company.

Payments 247

Payments Industry Operations US 247

PYMNTS

OCTOBER 14, 2020

To that end, Ken Gavrity , head of enterprise payments at KeyBank , told Karen Webster that companies must re-examine the most basic operations in order to stay afloat and maybe even thrive – or face existential threats as they mull the great digital shift. Looking at Working Capital – and Security.

Payments 242

Payments Course Innovation Operations 242

PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. PNC was reportedly the first U.S. bank to use RippleNet’s blockchain network to move money across borders.

Payments 250

Payments blockchain User Experience National 250

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Everything happens in an extremely secure environment,” she said.

Payments 246

Payments Compliance Operations Resources 246

PYMNTS

JANUARY 20, 2021

Consumers keep demanding a better, more convenient, seamless, secure user experience that makes their lives better. And this is happening across many verticals,” Mastercard ’s Senior Vice President of Digital Payments Silvana Hernandez told PYMNTS in a recent conversation. Hernandez said. “We The Road Ahead.

Online 276

Online Payments User Experience Operations 276

PYMNTS

NOVEMBER 23, 2020

In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Under that strategy, Visa is pushing to become a “single point of access for initiating multiple transaction types” while also laying the foundation for the “secure movement of money.”.

Fintech 332

Fintech Regional Strategy Security 332

Perficient

JULY 20, 2023

The digital payments landscape has undergone a significant progression, evolving from a luxury reserved for large enterprises to a necessity for businesses of all sizes. Businesses seek to optimize their operational efficiency as part of their digital transformation. billion payments (27.23 Key Benefits of Digital Payments 1.

Strategy 221

Strategy Payments Fraud United States 221

PYMNTS

DECEMBER 24, 2020

Dental practices typically go through many steps to receive payments, and the time and costs involved can quickly mount when many of these processes are handled manually. The firm provides administrative and general business operation support services to the Aspen Dental-branded network of dental practices. Payouts And AR.

Payments 255

Payments Operations Management Tools 255

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. which is a huge draw to using BNPL as a non-cash payment method. What Are Some Buy Now, Pay Later Companies? Which one is best for me?

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Those benefits can extend to users in the form of cost savings tied to payments and processing, or speedier processing times.

Payments 271

Payments Colorado Marketing Cards 271

PYMNTS

JANUARY 21, 2021

Global financial services provider iBanFirst has launched a Payment Tracker that will offer transparent, real-time tracking services, according to a press release emailed to PYMNTS. In addition, the Payment Tracker will offer insights into potential delays of the payment.

Payments 219

Payments Security Tools Data 219

Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

PYMNTS

DECEMBER 9, 2020

In payments, speed is everything. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. Faster payments schemes also number more than 50 and counting. In payments, speed is everything. Riding The Rails.

Payments 337

Payments System Fintech Examples 337

PYMNTS

DECEMBER 31, 2020

That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified. The payments ecosystem, of course, is not and will not be immune to the seismic impact and aftershocks of the coronavirus. “The According to J.P.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers. Streamlining Payments For Buyers And Suppliers Too .

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Cards Payments Management Security 234