Displaying 71 - 80 of 169 Payments and Industry Trends blog posts
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Are Open APIs the Stairway to the New Payments Ecosystem?
Thursday, June 01, 2017 Mark A. Ranta to Payments and Industry TrendsLosing yourself in music is something that everyone should do at least once a day. The freedoms that it affords one’s mind cannot be understated. In my eclectic (and eternal) playlist, there is one song that has likely been played at least twice as much as any other (and to be fair, it likely has the same global play counts); Stairway to Heaven by Led Zeppelin, an epic song that helped define the band to generations. But it was this past week when listening to the song when my mind was turning over thoughts on banking, and a line jumped out at me with new meaning; “There’s a feeling I get, when I look to the west…” While Jimmy and Robert were musing over much larger questions about life and death, my current journey had me subconsciously thinking about banking.
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SMEs Expect Instant Payments: How Do Banks Meet This Challenge?
Tuesday, May 30, 2017 Barry Kislingbury to Payments and Industry Trends, Immediate Payments, Transaction BankingListening to their customers and delivering new services will be crucial for the success of real-time banking and payments in Europe and the US
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How mCommerce and eCommerce Are Shaping the Infomercial (Cash, check or money order?)
Thursday, May 25, 2017 Dan Ring to Payments and Industry Trends, eCommerceIf you enjoy watching infomercials as much as we do, you’re likely familiar with the payment option that closes out these delightful paid programs...which brings us to another edition of Rantings, focused on Payment Habits. And after all, who hasn’t purchased a ShamWow!? Mark, we’re approaching the unofficial start of summer (editor’s note: there’s likely a future post on summer holiday purchases) and even though there’s no correlation between vacations and COD (cash on demand)—at least I don’t think there’s one—it at least provides an awkward segue into Payment Habits.
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Real-Time Payments Will Be a Catalyst for Change in Italy
Monday, May 22, 2017 Katrin Boettger to Payments and Industry Trends, Immediate Payments2017 will be a crucial year for real-time payments globally. Two major schemes are set to go live: The pan-European SEPA Instant Credit Transfer Scheme (SCT Inst), which will eventually enable consumers and businesses to make euro credit transfers in real-time between accounts 34 European countries, and The Clearing House (TCH) Real-time Payments System in the US. In addition, a number of new regional schemes are in the pipeline, so banks have their work cut out for them.
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Blockchain - Identifying Distributed Ledger Use Cases
Thursday, May 18, 2017 Roger Oliphant to Payments and Industry TrendsWhile news of blockchain or ‘distributed ledger’ technology developments seems to be everywhere these days, large scale enterprises have been slow to adopt what promises to be a disruptive technology that will likely impact many industries. One reason for the delay is the current inability of the technology to address high-volume/high-speed applications like stock trading—a situation which experts say is rapidly changing. However, there are other applications that are suitable today.
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Women Are a Force to Reckon with When it Comes to Wearable Payments
Tuesday, May 16, 2017 Silvia Mensdorff-Pouilly to Payments and Industry TrendsA few weeks ago, Visa unveiled a sunglass prototype with payment capabilities. The pair of shades, showcased at several tech events around the world, looked almost identical to non-tech models – with the exception of a tiny chip embedded on the side. To pay, a wearer simply taps them on a Visa near field communication (NFC) enabled terminal.
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Alternative Payments, Immediate Payments and Collaboration—Big Initiatives That Will Bring Big Value in the Middle East
Friday, May 12, 2017 Paul McMeekin to Payments and Industry Trends, Immediate PaymentsWe recently wrapped up an exciting Seamless Payments, Middle East conference. Attendees debated about numerous industry topics, with considerable buzz around alternative payments and immediate payments.
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ETA TRANSACT: Time To Break Out… And Cross Borders To Reach New Customers
Thursday, May 11, 2017 Michael Grillo to Payments and Industry Trends, eCommerce, Payments Risk Management, Merchant RetailIt’s before lunch on day one of ETA Transact17 in Las Vegas; exhibitors are still putting the finishing touches on their stands in the main hall, so it’s the perfect opportunity to sit in on some of the breakout sessions, part of the educational program put on by the Electronic Transactions Association. And ‘breakout session’ seems particularly apt in this case, as panelists from ACI Worldwide, Planet Payment, and arvato launch into a discussion on how merchants and payment providers can ‘break out’ of their domestic markets and take advantage of the huge opportunity in cross-border eCommerce.
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(When) Are We Really Going Cashless?
Wednesday, May 10, 2017 Dan Ring to Payments and Industry TrendsWe’re officially in May, which means that the unofficial start of summer in certain parts of the world is quickly approaching…and it also means that we’re overdue for another Rantings post (maybe). And with that, Mark, I just returned from a Southeastern jaunt with the family, eating my way through Asheville, NC and Nashville, TN (with a quick stop at Dollywood). In addition to now having staggeringly/dangerously high cholesterol from the mass quantities and (primarily fried) food I consumed, I also have a surplus of cash—because my wife coerced me into withdrawing money from an airport ATM (in advance of said jaunt). What’s interesting is that I actually spent at least some cash each day of our trip, primarily for tipping hotel workers, but also for the infrequent small cash-only business.
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Blockchain Is Hot, But Where’s the Beef?
Monday, May 08, 2017 Roger Oliphant to Payments and Industry TrendsIn spite of the hype—news of blockchain developments and its associated Bitcoin currency has become nearly ubiquitous—large-scale enterprises have been slow to adopt the emerging technology that promises to disrupt and improve a wide range of industries from finance & banking, insurance and real estate to cybersecurity and even music.