After two years of virtual conferencing, MPC: The Digital Commerce Event took place in person at the Westin Atlanta Perimeter North, Aug. 22 to 24, 2022, attracting several hundred banking, financial services, tech and merchant services professionals. Palpable energy flowed through the exhibit hall, breakout sessions and main stage at MPC’s 12th annual conference. Peter…

Commercial virtual card use has boomed in recent years, from supplier payments and software subscription to insurance and travel expenses. The worldwide value of these transactions are expected to hit $7 trillion in 5 years, a gain of $5 trillion from 2021, according to Visa. However, this phenomenal growth expands beyond commercial use cases. Virtual…

Why would financial institutions, with rich reserves of consumer data, artificial intelligence and advanced sense-making technology, paint marginalized communities with a broad brush? Aggregating all types of underfinanced individuals into one amorphous “underserved” demographic seems odd, especially in financial services, an industry that champions personalization at scale. Examples of personalization on a massive scale might…

MPC launched its first post-pandemic, in-person show in Atlanta, GA, Aug 22- 24, 2022, attracting business leaders and executives from across the payments and digital commerce ecosystem. Throughout the three-day conference, banks, fintechs, technology companies and service providers shared perspectives on trending topics, including the following: Build, Connect, Innovate: Peter Gordon, Head of Enterprise Money…

ISO, the organization in Switzerland that makes up the codes for individual business types that are used around the world, and by the card brands, to identify specific business types, has issued a new code for Firearms/Guns. When the news first broke, I was a bit shocked that there wasn’t immediate blowback, but then I…