by TScholl | Mar 31, 2017 | Banking, Electronic Payments, Industry Changes
 What is IoT in Banking?  The Internet of Things (IoT) is spreading like wildfire across different industries. Even banks are now exploring opportunities to determine the role of IoT in banking. Financial institutions plan to spend $153.5 million by 2018 to monitor...
by TScholl | Jan 13, 2017 | Electronic Payments, Industry Changes
 2016 Brings Payment Clarity and the Convergence of Online and In-Store Mobile Payments.  The last year has rightly been dubbed as the year of clarity for the payments sector. The vision for electronic payments became clearer with the emergence of data analytics,...
by TScholl | Dec 9, 2016 | Credit Card Processing, Credit Card Safety, Electronic Payments, Industry Changes
Visa Argues Against Passwords to Protect Electronic Payments in the EU. With the rise in cybercrime and online fraud incidents, the European Banking Authority came with a proposal to protect electronic payments in August, laying down draft technical...
by TScholl | Nov 11, 2016 | ACH Processing, Electronic Payments, Industry Changes, Small Business Tips
5 Important Same Day ACH Questions. With a goal to speed up electronic payment transactions, NACHA’s rule change for Same Day ACH has finally started. Here are 5 Same Day ACH Frequently Asked Questions, answered! 1Q: Are the three ACH...
by TScholl | Nov 4, 2016 | ACH Processing, Banking, Electronic Payments, Industry Changes
 Will Faster ACH Payments Cause Problems for Fraud Monitoring? More and more consumers are looking for faster payment options. Mobile banking is a highly preferred payment option. However, it is important that financial institutions take stringent steps to...
by TScholl | Oct 28, 2016 | Credit Card Processing, eCommerce, Electronic Payments, Industry Changes
What Payment Options Do Consumers Want for eCommerce? Consumers expect quick, easy, and transparent payment options when it comes to electronic payment options at an eCommerce store. However, PayPal research reveals that a majority of small businesses...
