| PYMNTS TV B2B Payments 2021 |
| How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails Corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes, but there are several options and payment rails to consider. In a new PYMNTS TV segment, Alan Koenigsberg, global head of new payment flows at Visa New Business Solutions, along with top executives from The Clearing House, FIS, Nacha, SWIFT and Circle, say room exists for several payment rails to compete, coexist and even complement one another. |
| New Data: The Six Digital-First Capabilities Consumers Now Want From Merchants Seven months into the pandemic, eight out of 10 consumers who have begun using digital channels to shop and pay want to keep shopping and paying that way. A new PYMNTS survey of a national sample of 2,157 U.S. consumers identifies the six digital capabilities that all merchants who want consumers to keep shopping and paying with them must offer. |
| Report: Helping Banks Speed Payments Cross Border And Make A Clean Correspondent Bank Break Cross-border payments remain notoriously slow and costly, with each financial institution (FI) involved in moving a transaction across each hop attaching additional fees. In this monthâs The FIâs Guide To Modernizing Digital Payments, Nicholas Lembo, head of growth for TransferWise, explains how leveraging interbank networks can help FIs move away from old-school correspondent banking to make cross border payments fast and cost-effective. |
| How Banks Can Help Small Businesses Close Their Cash Flow Gaps Cash flow has long been key for SMBs, even long before COVID-19 struck, Ingo Money CEO Drew Edwards tells Karen Webster. Instant payments would help tremendously, but Edwards says theproblem is that bank and corporate legacy systems can’t easily offer them. Here’s what it will take to get the necessary upgrades in place. |
| The Three AML Screens Companies Must Continually Monitor Authentication and AML efforts shouldn’t end when a company has onboarded a new client, Jumio Chief Product Officer Philipp Pointner tells PYMNTS. He says three things require continuous monitoring – making sure a consumer is the same person who opened an account, confirming someone hasn’t been added to money-laundering watch lists and monitoring transactions for money-laundering activity. Here’s how to do that. |
| | Breaking News | | PayPal Invests In Extend As Merchants Seek New Ways To Boost Online Conversion There was always one big problem with extended warranties: they were a paper-based pain for consumers to activate, so 99 percent of them never did. Embedding the offer into the purchase stream, CEO Woody Levin of Extend tells Karen Webster, not only boosts sales of the product, even if an extended warranty isnât purchased, it drives pure profit to the bottom line when they do. Itâs one of the reasons, he said, PayPal just made a major investment in Levinâs firm. |
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