Payments

Complete Payments Solution for Online Marketplaces Introduced

An online ‘marketplace’ is a centralized trade exchange for buyers and sellers of goods and services managed by the marketplace operator. Well-known marketplaces include services like Avvo for legal advice, Fiverr for creative services, TaskRabbit for small jobs or Thumbtack for local services work. As a marketplace provider, accepting payments can be daunting. When you […]

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In-Store Mobile Payments Will Grow Faster Than Any Other over the next 5 Years

According to the Forrester Data Mobile Payments Forecast, 2016 to 2021, mobile in-person payments will grow to 6.8x what is was in 2015. Shoppers are taking their phones into your stores more often than they ever have before. In fact, according to the Google Shopper Marketing Agency Council and M/A/R/C Research, 84% of smartphone shoppers […]

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Merchants Should Look to Mobile Checkout to Increase the Use of Their Private Label Cards

If you are like my family, you are frequent visitors to Target. We have one of the super-sized stores right near the house and we are constantly running in to get something. One thing you have probably noticed if you are a Target shopper is that every time you checkout you are asked if you’d […]

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Accelerating Adoption of Immediate Payments

A few months ago, I wrote about the pressures on financial institutions to offer immediate payments processing to their customers. “Banks should plan for a real-time everything in the future – more than just a payment type, real-time will underpin everything digital that a bank does,” states Gareth Lodge, senior analyst at Celent.* Understanding the […]

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IBM Payments Gateway Placed as Leader in The Forrester Wave: Global Commerce Payment Providers, 4Q 2016 report

The first ever The Forrester Wave™: Global Commerce Payment Providers, 4Q 2016  report has been released and Forrester has placed IBM Payment Gateway solution as a Leader in its evaluation. This report underscores for us the importance merchants are placing on their payments acceptance systems to meet the high expectations of shoppers, dependable data security, and to […]

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Why Owning Mobile Payments Is Good for Retailers and Their Customers: Part Three

In our first two blogs in this series (part one and part two), we addressed the issues facing consumers as they try to juggle apps and loyalty offers during checkout, and how retailers drive success by staying connected to their customers and maximizing margins.  A branded mobile payment solution using a payment method saved on file could […]

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Preparing for Instant Payments in a Digital Economy

As the commercial banking landscape transforms rapidly to adapt to an increasingly digital world, it’s clear that client-demand-led schemes like faster payments are challenging the traditional paradigms we’ve held sacred for decades. This is resulting in direct pressure on financial institutions to adapt faster and place a premium on innovation now – more than ever […]

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Why Owning Mobile Payments Is Good for Retailers and Their Customers: Part One

Loyal brand customers like Becky are now using their smartphones while shopping in store 75% of the time, but she has a mobile checkout problem. She likes using her mobile phone for checkout but she wants a fast, easy mobile payments experience with her favorite brand’s loyalty rewards and coupons available in a single mobile […]

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The HIPAA Data Standards Series: Bitcoin Reveals the Future of Healthcare

On February 5, 2016, hackers attacked Hollywood Presbyterian Medical Center’s computer systems. They prevented hospital staff from gaining system access and said they would only restore it if they received a payment of 40 bitcoin (about $17,000). While small in scale and cost, this security breach may unknowingly show us healthcare’s future. And no, that […]

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Blockchain: Jump-Start the Revolution to Quicker Cross-Border Transactions

Have you ever transferred money to a family member in another country? Or paid an overseas vendor in local currency? In today’s digital, real-time connected world, these types of transactions should be simple, quick, and low-risk. However, the reality is cross-border payments involve multiple intermediaries, include significant costs, take several days to process, and are […]

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How Do You Break the Batch Mentality and Prepare for Real-Time Payments?

For years, we’ve discussed real-time payments here in the U.S. Well, yesterday’s talks are today’s action: The Clearing House introduced a new payment rail that should be available in 12 months. A consortium of banks announced the creation of the clearXchange for real-time B2B payments. A new European instant payments scheme in the Netherlands is […]

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Want to Push Past Limits? Come to InterConnect 2016

Does an average three-year ROI of 308% seem unthinkable? What if you could create $4 in benefit for every $1 invested? Although the numbers may sound like Excel fantasy, they’re actually rooted in reality. Come to InterConnect and learn how IBM B2B Integration Services in the cloud make results like these possible. Outthink limits: It’s […]

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