Displaying 41 - 50 of 178 Payments and Industry Trends blog posts
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The Climate, Weather and Payments – What the Winds Tell Us?
Thursday, April 05, 2018 Mark A. Ranta to Immediate Payments, Payments and Industry TrendsI am sitting in my home watching snow fall, it’s April and I just spent the weekend prepping my yard for the upcoming summer season. To say the weather patterns are odd is an understatement. The global climate is warming as we know. And though you don’t see it on a day to day basis, it seems to hit more regularly than in the past, with freakish events, colds snaps, warm spells and snow storms in April. And on this occasion, it had me thinking about our current environment in payments. We are seeing a fundamental change to our ecosystem with technology advancements like Open APIs, big data, AI and foundational changes like Immediate Payment initiatives and regulatory pushes.
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Ursinus College: The Future of Campus Commerce is in the Cloud
Monday, April 02, 2018 Gene Scriven to Payments and Industry Trends, eCommerceSixty-eight percent of schools are moving eCommerce to the cloudi. As Ellucian Live begins to descend upon San Diego this week, ACI’s Gene Scriven took a moment to chat with Ellen Curcio, Director of Student Accounts at Ursinus College, about the future of campus commerce.
Be sure to catch Ellen and Gene, as well as ACI partner and host Ellucian at the event on Wednesday, April 11, for a panel discussion on “The Future of eCommerce in the Cloud.”
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Driving IoT Progress at Mobile World Congress
Thursday, March 29, 2018 Chris Curd to Payments and Industry Trends, Merchant RetailI felt fortunate to be among the 107,000 delegates from 205 countries attending this year’s Mobile World Congress, held earlier this month in surprisingly chilly Barcelona.
Showcasing everything from connected cars, to virtual reality, 3D printing to amazing app ideas—the exhibition and conference content at MWC gave visitors a chance to discuss the future of mobile and explore the world’s most cutting-edge, mobile-enabled products and services.
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4 Reasons Why You Must Future Proof Your Technology
Tuesday, March 27, 2018 Paul McMeekin to Immediate Payments, Bill Pay, Payments and Industry TrendsWhat does future proofing your technology mean? In my view, it means preparing your bank to deliver the best customer experience possible--today and tomorrow. Research from Greenwich Associates indicates that the customer experience and ease of doing business are key drivers of loyalty. Extracting value from your technology investments so you can provide a superior customer experience is not only important because of the impact on service, but also on loyalty.
I want to focus on 4 reasons why future proofing your technology is important. These insights are a sneak preview into some of the findings from our upcoming whitepaper produced with Ovum, the annual Global Payment Insight Series.
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GDPR: Modern Wealth It Is In Your Digital DNA
Thursday, March 15, 2018 Silvia Mensdorff-Pouilly to Payments and Industry TrendsHands up if you don’t really know what GDPR is… don’t worry, you’re not alone in fact, 6 in 10 people have never heard of it.
And why should the average consumer know about the General Data Protection Regulation (GDPR)? The regulation itself, which will become enforceable in May 2018, is designed to stop businesses using our data without our knowledge or consent. And that consent means complete transparency on how our data is being used. This sounds like a very reasonable expectation for consumers to have, which of course begs the question; why hasn’t this been the standard up until now?
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Increasing Collections & Satisfaction: Real-Time Payments for Loan Servicing
Thursday, March 15, 2018 Mahala Johnson to Payments and Industry Trends, Immediate PaymentsThe old adage that “cash is king” is precisely that: old. In today’s world, convenience is king and real-time payments deliver it in spades. Consider that convenient ways to pay can reduce late payments by up to 76%, while reducing call center volumes by up to 83%, and it’s no wonder lenders are expanding their offerings over time to include checks, ACH, debit cards and now real-time payments.
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Fintech Frenzy and Fun: Money20/20 Asia
Tuesday, March 13, 2018 Dan Ring to Payments and Industry TrendsI’m in vibrant Singapore for day one of the inaugural Money20/20 Asia... or is this day two? I’ve lost all concept of time this week (and didn’t realize how close Singapore is to the equator… it’s like wicked hawt outside!) And I’m joined once again by my ever-intrepid Rantings colleague to rant about what’s happening in this fun-filled world of payments.
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It’s A Hard Knock Life: Digital Transformation for Payment Service Providers in the New Payments Ecosystem
Tuesday, February 20, 2018 Silvia Mensdorff-Pouilly to Payments and Industry TrendsIs it a hard-knock life for processors and PSPs? Margins are constantly under pressure, and there’s the need for constant innovation, not to mention rock-solid #SleepAtNightability of solutions. And if there’s even the slightest crack in the fundamentals, customers will surely let you know all about it!
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Instant Payments Are at the Heart of the New Global Payments Landscape: 10 Trends to Watch in 2018
Friday, February 16, 2018 Barry Kislingbury to Immediate Payments, Payments and Industry Trends2017 was a big year for immediate payments: European Banking Association, Real-Time 1 (EBA RT1) SEPA Credit Transfer Instant, The Clearing House (TCH) Real-Time Payments in the U.S., and the Australian New Payments Platform (NPP) schemes, all either going live, or in the case of Australia, about to go live. These schemes enable real-time payment transfers across the United States, 34 European countries and Australia, with the potential to reach nearly another 1 billion people. This comes on top of the existing live schemes in the UK, China and India, so that over half of the global population now can access real-time payments solutions.
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The Complexities of Cannabis: Banks, Merchants, Consumers and More
Wednesday, February 07, 2018 Dan Ring to Payments and Industry TrendsCannabis—it’s no longer the verboten 800-pound pink elephant (though I think that might be a new strand). It’s about as mainstream as well…mainstream. And as we begin our latest Rantings Rant, it seems like the last time we (well, not you or I) experienced something like this, Al Capone and Elliot Ness were facing off during the time of Prohibition (if you’ve never seen the film The Untouchables, I highly recommend it!).