Displaying 31 - 40 of 178 Payments and Industry Trends blog posts
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Consumer Payments: Will ‘Request for Payment’ Be the Next 'Big Thing'?
Thursday, June 14, 2018 Dean Wallace to Immediate Payments, Payments and Industry TrendsThis week, NatWest announced that it has teamed up with British mobile phone retailer Carphone Warehouse to trial a new online shopping system that lets customers pay directly through their bank account, without using a debit or credit card.
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A Rocky Mountain High on Payments Innovation
Friday, June 01, 2018 Dan Ring to Payments and Industry TrendsWe were so high last week; in fact, we were a figurative mile high… in sunny Denver for our annual ACI Exchange user conference. And among the myriad highs during the week was our own ‘Un-conference,’ which generated major buzz that sparked an enormous appetite for some tasty innovation. Some of the ideas generated included the following:
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The Age of Consent – Who Owns “Big Data”?
Wednesday, May 23, 2018 Lu Zurawski to Payments and Industry TrendsThe EU General Data Protection Regulation will enter in force at the end of this week, and there can be very few businesses today that are not scrabbling to meet compliance objectives.
GDPR sets out rights of citizens and consumers as owners of their own personal data, meaning that data can only be processed by a company if the data subject has given consent to the processing of his or her personal data for specific purposes, or if that data is essential to fulfil the service contracted by the data subject. So far, so good. Arguably many companies will alter existing customer agreements in search of compliance.
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Gen Z: A Day In The (Payments) Life
Thursday, May 17, 2018 Kyle Safranek to Payments and Industry TrendsThere has been an immense focus placed on the ‘Millennial’ generation, and for good reason, as they have become a driving force in the future of payments. This generation looks to technology to solve their payments needs—and it’s all about the factors of convenience, speed and flexibility. And as a college student, my typical daily ‘payments routines’ reflect these factors. With that, I wanted to share a snapshot, which I think demonstrates how my own demographic is influencing the payments industry.
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Cash... Almost As Good As Money! (The Story of Two Americans in London)
Friday, May 11, 2018 Dan Ring to Payments and Industry TrendsMark, although we were both recently in London, shockingly, our paths didn’t cross—the city was bustling as the Commonwealth leaders had all descended upon the British capital, which was also readying for its annual Marathon. You were there for work (cooped up in conference rooms) while I was there for fun (and the surprisingly fantastic weather made my trip that much more enjoyable). So enjoyable in fact that I’d rate my trip a 9.7 out of 10, a rarity these days. The reason for the 0.3 demerits? A frustrating taxi experience!
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The 12 Biggest Security Threats to Payments
Thursday, April 26, 2018 Gene Scriven to Payments Risk Management, Bill Pay, Payments and Industry TrendsConsumers ask a lot of you in terms of convenience, speed and, above all, security. This puts the pressure on you to offer a pain-free consumer experience that is also highly secure. And when you accept payments, you need to secure all parts of your organization. Here’s an actual example: one major breach occurred when an air conditioning vendor was hacked, allowing hackers to access the corporate network and finally the point of sale network. This highlights the importance of understanding the threat landscape we face today.
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High Incidence of Payments Data Theft is Driving Investment in Payments Technology
Friday, April 20, 2018 Steve Kramer to Bill Pay, Payments and Industry TrendsOne in five organizations has experienced payments data theft over the last 12 months per new benchmark data, “2018 Global Payments Insight Survey: Bill Pay Services,” from Ovum.
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Why it's Never Too Late for Women to Join STEM Professions
Thursday, April 19, 2018 Nidhi (Mathson) Alberti to Payments and Industry TrendsWith ACI’s fourth Coding for Girls Camp coming up on April 21st, ACI’s Sampy Gajre, senior recruiter and an eternal advocate for women in tech professions, talked to us about the challenges and opportunities for women in STEM (science, technology, engineering, mathematics) professions. She shared with us what organizations and communities can do to help encourage more women to join the field, and why it’s never too late to follow your passion.
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The Next Stage of Real-Time Payments Evolution is Here
Monday, April 16, 2018 Domenico Scaffidi to Payments and Industry Trends, Immediate PaymentsFragmentation resulting from multiple Pan-European Immediate Payments schemes is a challenge, but solutions exist
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Maintain Vs. Invest: What the Digital Era Ushers in for Banks
Thursday, April 12, 2018 Paul Thomalla to Transaction Banking, Payments and Industry Trends, eCommerceTaking place this week in Brussels, the European Credit Research Institute (ECRI) will host a high-level debate on how policymakers can build on the process of digitalisation of banks to raise competitiveness in light of increased competition from fintech start-ups and tech giants.