Technology rarely sits in the back seat, but for next-generation loyalty plans, that’s the case. While much has been made about the disruption that technology and the great digital shift have made in commerce and financial services, Mladen Vladic, general manager of loyalty services at...
As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer, head of data analytics for J.P. Morgan...
Whether building solutions on existing rails like ACH, or developing new infrastructure to bypass legacy tools, payment rail innovators are placing a new emphasis on data. This week’s exploration of Payment Rail Innovation finds industry players including Nacha and Boost Payment Solutions emphasizing B2B payment...
In fast-growth small businesses, the focus is on expanding the top line — not tackling the paper chase in the back office. Yet, without the resources to invest in finance teams, many firms simply maintain the status quo of unaudited spend, the end result being...
October 28, 2024
Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through are created equal. “All payment networks sit on a ton of payments data,” Tine Fincioen, executive vice president for digital transformation at Mastercard, told PYMNTS, “but where we differentiate is […]
December 07, 2022
Technology rarely sits in the back seat, but for next-generation loyalty plans, that’s the case. While much has been made about the disruption that technology and the great digital shift...
October 07, 2020
As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their...
February 04, 2020
Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from...
November 13, 2018
A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance. According to a survey of M&A professionals in the EMEA, conducted by Merrill Corporation, the European Union’s (EU’s) GDPR, which went into effect at the end of May, […]
October 10, 2018
Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk, the patent describes how a firm may need to...
