PaymentsJournal

Latest Episodes
Transforming Credit Unions: A Case Study
Last year, PSCU and Co-op Solutions combined and rebranded as Velera. As part of this transformation, Velera seized the opportunity to assess its product journey and modernize its products and solutio
The Growing Threat of Cyberwarfare from Nation-States
Back in 2011, a group of Iranian hackers launched a series of distributed denial-of-service (DDoS) attacks against nearly 50 U.S financial institutions. The attacks were alarming enough, disabling ban
Financial Institutions Can Be the Payments Hub That Small Businesses Need
Commercial solutions offered by banks have typically been tailored to larger corporations, with a one-size-fits-all approach that often doesnt meet the unique needs of small businesses. As a result,
Biometric Authentication Faces Barriers, But Use Cases for Merchants Have Emerged
There have been many highly publicized efforts to introduce biometric authentication into the merchant space, such as Amazons palm payment technology. While widespread adoption of biometrics in retai
The Downside of Not Offering Real-Time Payments
There have been remarkable strides toward U.S. real-time payment adoption in recent years, driven by growing demand among businesses and consumers. As the long-awaited ubiquity of instant payments dra
ISO 20022 Is the Beginning of the Road for Mid-Market Financial Institutions
After years of discussion about the new messaging protocol, ISO 20022 is now an inevitability. Though there are substantial benefits to adopting the protocol, many financial institutionsespecially in
Fast, Secure, and Future-Ready: Santander Consumer’s Payments Tech Transformation
In the fast-changing world of financial services, modernizing payments technology has become essential for businesses looking to reduce costs, enhance customer experiences, and stay competitive. Santa
What’s Driving the Adoption of Virtual Cards?
Virtual cards have been a popular option for consumers for years, but theyre just now gaining traction among businesses. With an increasingly globalized economy, corporate entities are seeking effici
The Looming Cyber Threats Targeting Smaller Financial Institutions
Cyber fraud presents a unique threat to small and mid-sized financial institutions, which often lack the resources or expertise that major banks possess to fend off account takeovers and other cyberat
ACH Has Best Year on Record, Driven By Accelerating Same Day ACH Adoption
Amid constant speculation about the future of payments technology, the ACH Network had its best year yet. The ACH Network processed more transactions, moved higher dollar values, and established more