Businesses across the globe used digital platforms to augment in-person interactions for years before the COVID-19 pandemic forced a dramatic pivot to virtual formats. In the payments industry, in-person tradeshows had been a mainstay for decades. Not knowing yet whether virtual formats could measure up, organizers reinvented industry events with characteristic gusto. Issue 20:06:01 of The…
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The payment industry has a long tradition of outsourcing, partnering, and collaborating across a wide set of organisations. Many parties are involved each time a customer buys something with a plastic card, pays a bill or sends funds overseas. The wider business world is waking up to the concept of the extended enterprise. This is…
Security and compliance in the payments ecosystem cannot be underestimated and should always be adhered to. Yet, understanding the complexity of the various security standards is something that cannot be taken lightly, and regulatory compliance is constantly evolving so navigating it can be a major task. The introduction of PCI Security is intended to outline…
Merchants Can Provide Convenient, Contactless Shopping, Especially Critical During the High-Traffic Holiday Season LOS ALAMITOS, Calif. – Oct. 21, 2020 – Merchants are reimagining their operations for the 2020 holiday shopping season. This time of year between Black Friday and New Year’s Day is critical because it typically brings in the vast majority of retailers’ annual…
Digital payments have evolved tremendously over the past few years, raising the question: where will digital payment technologies take us in the future? As more consumers become tech savvy the opportunities are endless, especially as we are only just now tapping into the unprecedented potential from global smartphone penetration with 3.2 billion smartphone users in…