Displaying 81 - 90 of 181 Payments and Industry Trends blog posts

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  Getting a Gauge on Payment App Season

  Monday, August 28, 2017 Dan Ring to Payments and Industry Trends

  Dear Mark, this is a 100% true story (and a solid ‘Ranting’ to boot). As you know, I just returned from a lovely and relaxing vacation (or as our European colleagues call it, holiday). And as I got into my car this morning—for the first time in more than a week—I realized the gas tank was near-empty and that my low-tire indicator light was on… and I needed to get my daughter to camp en route to coming into the office.

  You’d think this a minor inconvenience, right? Well…

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  API Stairway: The Five Steps to Open Payments

  Wednesday, August 23, 2017 Mark A. Ranta to Payments and Industry Trends

  In my pre-EBAday rantings, I discussed Open APIs in the context of one of the greatest rock songs of all time (Stairway to Heaven, for the uninitiated). Waxing poetic about a topic is one thing, but marrying it to concrete steps is another. So, while our Stairway to Open API utopia was a nice background, it’s time to talk about the flights of stairs we’ll have to take to arrive at those pearly entry gates.

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  PSD2 Carries Over to the U.S. – Via the Phone in Your Hand

  Wednesday, August 16, 2017 Seth Ruden to Payments and Industry Trends, Payments Risk Management

  Let me ask you a favor. Could you put down your phone for just a minute? Unless, of course, you’re reading this on your mobile device.

  It can be an uphill battle asking someone to put down their phone these days. I have a tween, so I know the struggle! One of the reasons we’re so reticent to do so is the sheer power contained within these devices. At this point, it controls the music, the temperature, the locks and even the lighting in your home, and that’s not even touching on its entertainment value, or its capabilities as a payment device. The device, in its present form, has been around for ten years now, and in 2017, it’s safe to say there’s no going back.

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  Assessing Same-day ACH In The New Era of Real-time Payments

  Friday, July 28, 2017 David Grindal to Payments and Industry Trends, Immediate Payments

  The pace of payments has risen sharply in the U.S. since the introduction of same-day ACH in September 2016. Following the global movement towards immediate payments, the pace is set to pick up as real-time speed arrives through schemes such as The Clearing House (TCH) Real-time Payments System and Zelle networks.

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  The Many Delicious Flavors of P2P

  Friday, July 21, 2017 Dan Ring to Payments and Industry Trends

  We’re now very much into the height of summer (real feel today outside my door is 98 degrees, not to be confused with that amazing band from the 90s). And following the recent Zelle launch, we’re also very much into the height of P2P hype. As Mark and I are wont to do, we’re mixing up food and payments (a delicious combo)! And in this case, we’re talking about one of our favorite summer (or year-round) treats, ice cream. We’ve waxed poetic about ice cream in prior blogs (i.e., shops at the Cape and in Newport that still abide by old-school cash-only policies, etc.). Specific to this post, if you think about it, the roster of P2P options continues to increase, like the number of amazing flavors that Ben & Jerry’s offers these days. And with spoons in our mouths and napkins in our hands, it’s time to rant!

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  The Path to Faster Payments – A US Perspective

  Friday, July 21, 2017 Mark A. Ranta to Payments and Industry Trends

  With news that the Faster Payments Task Force released its final findings today and set the deadline for our country’s new payment system to be live by the year 2020, a mere 29 months away, it leaves many in the industry getting ready to roll up our sleeves because it is going to be an all-hands-on-deck 29 months.

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  Connect, Learn, Share – The ACI Exchange 2017 Round UP!

  Wednesday, July 19, 2017 Mark A. Ranta to Payments and Industry Trends

  If you’ve never experienced “dry heat” (which is much like actual “heat”)—you haven’t lived! Stepping off the plane in Phoenix last month for ACI’s Annual User Exchange, the mercury was literally jumping out of the thermostat at 116 degrees Fahrenheit…and it was unlike anything this New Englander has ever experienced. I mention the weather here because it’s the important backdrop to talk about Exchange itself; you could say that the heat was required to properly bake this event to perfection over the four-day agenda and fully deliver on this year’s theme of connect, learn, share.

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  Why ATMs Are a Successful Piece of 'Social Tech' Not Heading for Retirement Anytime Soon

  Tuesday, July 18, 2017 Katrin Boettger to Payments and Industry Trends

  The ATM turned 50 last week (on June 27, to be exact) and despite the spectacular growth of alternative payment methods and predictions that we are heading toward a cashless society, birthday celebrations around the world were upbeat. Most industry commentators seem to agree that the ATM is alive and kicking. As ACI’s Lu Zurawski, EMEA consumer payments lead, says in an interview with Forbes: “The ATM is a successful piece of social technology and won’t be heading for retirement any time soon.”  

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  Challenges and Opportunities for Girls and Women in STEM

  Thursday, July 13, 2017 Andrea Snyder to Payments and Industry Trends

  ACI is planning to host its third Coding for Girls camp in Omaha on July 15th—a free day-long event to teach middle school girls about coding and programs like HTML, CSS and Java, hosted by the Peter Kiewit Institute at the University of Nebraska at Omaha (UNO). As we gear up for our next camp, we sat down with Deepak Khazanchi, Professor and Associate Dean for Academic Affairs at UNO College of Information Science & Technology (IS&T) along with Shelley Ahlers, ACI’s SVP of Software Engineering, to get a deeper picture around the challenges and opportunities for women and girls in Coding and STEM fields.

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  The ATM Turns 50: Why Evolution Is Key For Its Survival

  Monday, July 10, 2017 Katrin Boettger to Payments and Industry Trends, Transaction Banking

  The ATM turns 50 this year and half a century on ATMs remain popular with consumers worldwide. Banks and building societies more than ever see ATMs as a key channel of communication and interaction with their customers and many are now offering ATM services that go beyond simple cash withdrawal. We spoke with Paul Horlock, Director for Payments at Nationwide, one of the biggest high street financial providers in the UK.  Nationwide has been working with ACI Worldwide for over 30 years and currently uses ACI’s BASE24 eps solution to power an estate of around 700 ATMs across the UK.