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Payments systems visions, strategies, trends, pilots, forecasting, and planning for the short-, medium-, and far-term.
Accounts payable (AP) automation is hot right now – a simple search for “AP automation” returns over 80 million results. In fact, a recent report identified that for many, especially in the enterpris...
As anyone involved in product development will tell you, the push towards instant, more transparent cross-border payments is growing stronger with every day that passes. SWIFT’s ‘Global Payment Initia...
Commerce is global and customers not only have large domestic footprints but also increasingly global operations and pay supply chains. As business footprints increase, industries are becoming crowded...
The surge in digital payments brought on by the pandemic is already well storied. Almost anyone who’s bought something in the last year can attest first-hand to the rise in e-commerce and contactless ...
COVID-19 has changed the way consumers and businesses shop. The shift from physical to online sales has been significantly accelerated, with the e-commerce proportion of total sales increasing by near...
Could we have predicted the dethroning of cash in early 2019? Perhaps. But in 2020, multiple tell-tale signs has indicated that in the payments world, cash no longer reigns supreme. The volume of no...
For many years, payment terminals have been a vital tool for businesses that complete their customer transactions in-store. The familiar hand-held devices have reliably taken card payments and offered...
The last ten years have seen a transformation in the ways the world does business. Macroeconomic trends, regulatory developments, and technological advances have created new ways for businesses to off...
Due to the Covid crisis, we have arrived in a major global recession. Not only were there the enormous impacts on the economy of the (semi) lock-downs, but consumption dropped also enormously as consu...
Data is an increasingly important part of the payment industry. It is collected, analyzed, and used at various points during a payment transaction, and plays a vital role in making sure the payment re...
The move from analogue to digital, already accelerated by Covid-19, will continue apace in 2021. The key factors driving this include: cultural change, growing regulation, cloud uptake and an increase...
Due to the Covid crisis and the resulting increase of working from home (which will likely persist long after the crisis), the precious tradition (wide-spread in many companies) of collecting money fo...