The payments landscape is undergoing a significant shift right way with new payments rails gaining more market share. And we have only just begun.
Nubank steps up its game in Latin America by offering remittances in Mexico and securing a new license in Colombia.
The webinar with Visa Direct and Checkout.com discussed the rise of real time payments and how pay-to-card solves the pain points for many different verticals.
Instead of modifying decades-old transaction infrastructure, Spade provides better fraud protection by creating a new system. Customers like Sardine, Mercury, Unit and Ramp have improved their fraud models by more than 15% using Spade's real-time merchant intelligence for the card ecosystem.
Thanks to improvements in technology, innovative businesses like Melio are bringing B2B payments into the 21st century. This week, Melio launched Real-Time Payments, supported by J.P. Morgan.
Pinwheel’s partnership with payroll provider Workday company One Source Virtual (OSV) ushers payroll into the same convenience levels as other areas of finance. It will also help banks achieve primacy with their customers.
Fintech Clara launched a high-yield payment account in Brazil as it aims to double down on the South American market.
While BNPL has been criticized as an easy way for shoppers to run up high debts, it's also being touted as an easy-to-understand payment method that's attractive to all.
Financial institutions struggle to meet consumer demand for more payment types, mainly because they lack the proper data science capabilities. This drives suboptimal strategies like layering multiple payment types.
Recommerce marketplaces have given consumers opportunities to save and make money. Payment orchestration has let them down. Until now.