Converting Holdouts to Digital Payments: An Opportunity for Grocers?

Consumers have increasingly turned to online shopping over the past year, including for groceries and essentials, accelerating the pace of digital adoption as consumer behavior rapidly evolves. For Millennials and Gen Z, this wasn’t much of an adjustment. For older generations, this represented a marked shift from pre-pandemic behaviors.

The Increasing Digitalization of B2B Payments

Craig Ramsey has his finger on the pulse of how new payment types are transforming the business of banking. Recently, I recently spoke to Craig, ACI’s head of real-time payments – banking, to get his insights on how these trends will impact B2B payments specifically.

QR Codes Strike Back!

In the early 2010s, quick response (QR) codes were widely viewed as a challenger to NFC-based payments. While that held true in various Asian markets, QR codes remained largely absent from the U.S. and other western markets.

Transformations and Trends Reshaping Payments in the Pacific

Over the past year, the long-term trend away from cash — and toward digital payments — has really ramped up in Australia and New Zealand. Similar to other global markets with well-established infrastructures, there was a rapid pivot by merchants and consumers to online shopping. In Australia, they quickly adopted “Tap & Go” payments at the urging of the government. The consequences of the COVID-19 pandemic and its impact on payment behaviors and modernization roadmaps are sure to be far reaching, though each country is at very different stages of development in terms of real-time payments.

Real-Time Payments Fraud Detection: Smashing the Data Bottleneck with Network Intelligence

The recent revolution in artificial intelligence (AI) promises to transform real-time payments fraud detection for central infrastructures (CIs) and payment networks. Network intelligence is one of the ways that the full benefit of AI can be realized.

The Buy Now Pay Later Boom: Spotlight on Klarna

In the first blog post of our new series on “Buy Now Pay Later” (BNPL), we looked at the phenomenal growth of this payment method and the value it can deliver to merchants.

Global Versus Local: How Pacific Acquirers Can Compete with Global Giants

Acquirers throughout Australia and New Zealand are facing margin pressures and new entrants into the market. Global acquirers have now set their sights on the Pacific, making it an imperative for acquirers within the region to transform or risk getting left behind.

Accelerating Payments Modernization for High- and Low-Value Payments

From government initiatives to the global pandemic, the demands for modernization have accelerated rapidly in 2021. Financial institutions (FIs) around the world are faced with the challenge of quickly meeting these immediate demands while also preparing for the future.

Manual Order Review: When Can Outsourcing Strengthen Your Last Line of Defense?

Manual order review (MOR) has often been referred to as the last line of defense to securing good revenue, but how does it fit into a merchant’s business? Striking the proper balance between automated fraud prevention tool(s) to allow legitimate orders to flow through, while identifying questionable ones, is a…

How the European Commission’s Review of the Settlement Finality Directive is Linked to the Development of Open Finance in Europe

On 12 February 2021, the European Commission launched a public consultation on the review of the Settlement Finality Directive (SFD), which closed earlier this month.

Payments Evolution Through Innovation: From Dromedaries to Digitization

In the beginning, human civilizations bartered for the exchange of goods and services. Goats for barley, sheep for minerals, camels for pottery, and so on and so forth. This approach lasted for centuries. But societies innovated, adopting the principle of “commodity money” (such as silver, gold or cowrie shells).

It’s Time for U.S. Payments Players to Build on Real-Time’s Breakthrough Year

We’ve become accustomed, in recent years, to talking of real-time payments in the U.S. in terms of its untapped mega-market potential. But, like so much else, it seems that the trend-shattering events of the previous year-and-a-bit have intervened to turn even that well-worn story on its head.