PaymentsJournal
Latest Episodes
Macroeconomics Play a Key Role in Increasing the Incidences of Fraud
Economic conditions have a way of shaking up the marketplace and the ability of e-commerce to produce goods and services for end customers. Factors such as inflation, interest rates, and layoffs are p
New Visa Chargeback Rules Are a Game-Changer for Merchants
Help is on the way for merchants that are swamped with friendly-fraud chargebacks. Friendly fraud occurs when a customer makes a legitimate purchase, then requests a refund, often because the consumer
Omnichannel Experience, Real-Time Payments, and Payment Choice: The Keys to FI Payment Innovation
With exceptional customer experiences they have derived from giants such as Apple and Amazon, consumers expect choice, speed, and control in the methods they use to pay. And theyre looking for these
Embedded Payments Are the Future: Is Your Business Ready?
Digital payments continue to evolve, and consumers are here for it. If businesses or financial institutions are not equipped to deliver embedded payments, todays customers will simply seek the ease a
Accounts Receivable Automation Pays Off With Increased Cash Flow
If you are looking more carefully at cash flow after the collapse of Silicon Valley Bank, you are not alone. One place to look is automating accounts receivable (AR). With the increasing digitization
How Millennials Can Benefit from Direct Deposit
Direct Deposit has been a part of our banking system for more than two decades, and employers commonly use it to issue employees their wages directly into their bank accounts. Today, Direct Deposits c
Test, Test, Test: Setting Up to Succeed With Real-Time Payments
With FedNow launching this July, successful implementation of real-time payments systems will require banks to test both the technical and operational side of their operations. In a previous discussio
As Check Volumes Decrease, Financial Institutions Need to Consider Alternative Clearing Options
Checks have seen a steady decline in use with a 2021 Federal Reserve survey finding a decrease of 7%-8% in check volume annually but the same clearing processes must still be performed by financia
The Importance of AI and Biometrics in Regulatory Compliance in Finance
Artificial intelligence (AI) and biometrics are revolutionizing regulatory compliance in fintechs and banks by providing more accurate and efficient methods of identifying and preventing fraudulent ac
Everyone Benefits from the Real-Time Payment Networks
With the upcoming launch of the FedNow Service, real-time payments continue to be a topic of discussion as demand grows among customers and businesses. More financial institutions are seeing the impor