Payment Innovation news and trends

How to Ride the B2B Payments Innovation Wave
B2B Payments // July 02, 2024

B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. All these factors can lead to longer DSO (days sales outstanding),...

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Payments Innovation // June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...

Making Sense of the Cost of Cash for Businesses
News // June 07, 2024

Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with the money they use to pay small businesses and merchants — it is becoming more and more electronic, and less...

FinTech and Credit Union Innovation Agendas Meet at Gen Z
Credit Unions // June 04, 2024

A key objective among FinTechs is to innovate new products that extend their brand reputation and market reach. For example, FinTechs are expanding their mobile features and capabilities and improving the user experience to retain existing accountholders and attract new customers. Many — but not...

Interviews & Exclusives
Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands

September 25, 2024
The restaurant industry is undergoing a digital transformation. While the evolution is being driven by a growing demand by customers for seamless, efficient and personalized experiences, innovations in payment technologies are at the transformation’s center — and will define its future. “Today’s diners want a seamless experience that’s quick and super easy. This includes digital […]

How to Ride the B2B Payments Innovation Wave

July 02, 2024
B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and...

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments

June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he...

FinTech and Credit Union Innovation Agendas Meet at Gen Z

June 04, 2024
A key objective among FinTechs is to innovate new products that extend their brand reputation and market reach. For example, FinTechs are expanding their mobile features and capabilities and improving...

Quick Reads
Opus Technologies Launches Payment Integration Framework for Financial Institutions

May 21, 2024
Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations, the company said in a Tuesday (May 21) press release. “Customers today expect a seamless and intuitive payment experience,” Opus CEO Praveen TM said in the release. “This puts pressure on financial […]

Visa Completes Pilot Test of CBDC in Hong Kong

November 02, 2023
Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs). The pilot program, part of...

Spreedly Launches Network Tokenization Program with Mastercard

June 14, 2022
Payment orchestration platform Spreedly debuted its Network Tokenization for Payments program, enabled by Mastercard’s MDES for Merchants (M4M), according to a Tuesday (June 14) company press release. The new offering lets...

Wagestream Inks Visa Deal To Expand Offerings In Europe

August 03, 2020
Wagestream is teaming up with Visa to expand its offerings in Europe, a move that comes on the heels of a major injection of capital into the London-based FinTech. Wagestream...