Payments are both an integral and a problematic part of higher education. They are integral because of how costly college is. The average annual cost of tuition during the 2021-2022 school year at a public four-year university stood at $10,740 for in-state students and $27,650...
The banking industry has long been mired in legacy systems and traditional processes, in many ways has become the exemplar of the stuffy, old-fashioned business reluctant to get with the times. Bankers themselves often hesitate to embrace new technologies, as evidenced by a recent PricewaterhouseCoopers...
Call it “technology debt” — legacy systems and architecture, hardware and software — that has to be worked down. As banks increasingly go digital, as they seek to leverage mobile devices to reach consumers where they live — and especially as the coronavirus has kept...
B2B merchants must make their goods available via digital purchasing channels, or risk missing out on potential sales. Corporate buyers often start their purchasing processes by looking online, according to a 2017 survey — which found that 61 percent began with general online searches, and 56 percent went straight...
August 05, 2024
The banking industry is experiencing a seismic shift as agile, digital-native FinTechs capture an ever-growing share of the market. Burdened by outdated technology, traditional financial institutions face mounting challenges in delivering modern digital services. The growing dominance of FinTechs — securing nearly half of all new account openings — highlights the urgency for banks to […]
April 21, 2020
Call it “technology debt” — legacy systems and architecture, hardware and software — that has to be worked down. As banks increasingly go digital, as they seek to leverage mobile...
January 15, 2020
In payments, change happens at the speed of consumer behavior. As consumer preferences evolve (across channels, online conduits and mobile devices), merchants must react quickly. This has a ripple effect...
July 01, 2019
The megamergers of 2019 have been reshaping the payments industry. For merchant services, especially, the chessboard looks much different. Daniela Mielke, CEO of RS2 North America, weighs in on why, for...
