December, 2024

• 1 December

  With Regulation, Less Is More

  

  Open banking has great potential, but regulators should keep their thumbs off the scale. In October, Rohit Chopra’s Consumer Financial Protection Bureau published its long-awaited Personal Financial Data Rights rule, implementing section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFPB’s open-banking rule mandates that banks, …

November, 2024

• 1 November

  Why Pay by Bank is Safer Than You Think

  

  Here’s why this efficient payment method is steadily overcoming doubts to establish itself as a safe, efficient—and fast—alternative to cards. From instant-payment processing times to real-time account access and the option to choose from multiple payment options, the modern digital economy is driven by demands to provide businesses and consumers …

October, 2024

• 1 October

  Merchants: Control Your Payments Destiny

  

  Tokenization is the key to reducing the risks posed by an ever-rising flood of data breaches. Mastercard recently unveiled plans to eliminate manual card entry for online transactions in Europe by 2030, marking another milestone for tokenization in payment processes. This change aims to not only bolster payment security, but …

September, 2024

• 1 September

  Are You in Control?

  

  If you control the payment, you control the loan, the deposit, and the entire customer relationship. I’ve echoed these same words you see in the headline to bank partners for over a decade, but never has this sentiment been more poignant than in today’s dynamic banking market. You see, for …

July, 2024

• 1 July

  The Ingredients of Success

  

  The contrast between the approach in the U.S. and that in Europe underscores the importance of competition and innovation. Many U.S.-domiciled payment networks are relevant, even dominant, globally, whereas few European payment systems are. Europe and the United States are both served by a patchwork of retail, peer-to-peer, and interbank …

June, 2024

• 1 June

  It’s Time for Digital Revolving Credit

  

  It isn’t a credit card and it isn’t BNPL. Instead, it’s the best of both worlds. As a provider of e-commerce financing solutions, we’ve watched with interest the latest calls for buy now, pay later (BNPL) transparency. We’ve also often seen this method of installment lending compared to traditional credit …

May, 2024

• 1 May

  PayTech Women 20 Years Later

  

  The PTW community helps women break through barriers to achieve career goals in the payments industry. Tiny ideas that are against the norm can take on a life of their own, leading to systemic change. Just ask Holli Targan, Diane Faro, Mary Gerdts, and Linda Perry, four women who came …

April, 2024

• 1 April

  Get Set for the Passage to Passkeys

  

  The technology promises to thwart cyberthieves while simplifying authentication for consumers. In the ever-evolving landscape of online transactions, the banking and transaction experience is undergoing transformative shifts, focusing on regulatory compliance and fraud reduction, while creating optimal experiences for merchants and their customers. As the United States is the second-largest …

March, 2024

• 1 March

  What to Look for in the Coming Months

  

  Challenges abound for card managers. Here’s how to manage them more efficiently. The payments space is one arena in the financial services industry that is uniquely ripe for change and disruption. The growth of embedded finance, cross-border payments, blockchain technology, real-time transactions and more are all combining to create a …

February, 2024

• 1 February

  AI in Accounts Receivable in 2024

  

  Time to get serious about AI. The technology has bright promise in all sorts of applications. Given the exponential growth of adoption for artificial intelligence over the last 12 months, it’s only natural that leaders across industries are eager to map out how they might use (or continue to use) …