Harnessing payments data insights | ITProPortal
When determining the value of a payment, the first, and most obvious, inclination is to look at the amount of the payment itself. But that is only part of the equation. In a rapidly developing payments ecosystem in which real-time information, transparency, security and efficiency are increasingly in demand, payments data is almost as valuable as the payment itself. …
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The four biggest challenges facing the payments industry right now
We all know that 2020 was an unusual and challenging year for everyone and as much as we would have all wished that things could have gone back to normal the second the clock struck midnight on the 31 December, that has unfortunately not been the case. Most industries and businesses continue to face a number of challenges, some carried …
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UK businesses are finally turning to digital payments
The Covid-19 pandemic has exposed all the pitfalls of manual accounts receivable (AR) processes, forcing businesses to introduce greater automation and adopt new technologies. This is according to a new report from global payment technology firm BlueSnap, which asserts that legacy AR processes are impacting cash flow, human resources and talent acquisition, as well as wasting the time of senior …
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Payments in 2021 and beyond: Innovating in the new normal and why you should care about security
A quick Google search on the global payments landscape will serve up a myriad of articles ranging from how Covid has accelerated the adoption of contactless and the rise of digital technologies, but also how financial crime is on the rise. Visa’s recent ‘Back to business study’ notes that the number one area of tech investment in 2021 will be …
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