Pacing Payments

Announcements

  • What Does Work from Home Mean for Payments? — Payments Journal

    "Last week Twitter started something. They announced that their employees can work from home even after the COVID-19 shutdown is over. Similarly, Capitol One announced that most employees working at home can continue to do so at least through September. Amazon and Microsoft have extended telecommuting until October. In fact a recent survey of CFOs by Gartner revealed that three-quarters of those surveyed expect some of their employees currently working from will remain working from home after all of this ends."
  • Smart Cities Can Emerge Stronger From The Pandemic — PYMNTS

    "There is scarcely an aspect of life that has not been thoroughly disrupted by the COVID-19 pandemic. The crisis has also dramatically exposed the degree to which consumers, employers and workers are relying on connected technology to carry on, whether through video conferencing, telemedicine or other digital platforms."
  • FinTechs Aid Banks In Their Own Open Banking Initiatives — PYMNTS

    "Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements."
  • Why Hyperledger Says It’s Prime Time For Blockchain — PYMNTS

    "Is now the prime time for blockchain?

    As COVID-19 has disrupted supply chains worldwide, Brian Behlendorf, executive director of Hyperledger, told Karen Webster that the pandemic has spurred a shift in thinking about new use cases for permissioned blockchains.

    Increasingly, firms seek accountability and visibility into suppliers, vendors and transactions in real time.

    And despite the impact the pandemic may be having across other parts of the tech sector, Behlendorf said that there’s relatively less risk of blockchain-focused R&D budgets being scaled back or pilots being canceled.

    “We’ve passed the point where people feel like they need to do a proof of concept with the technology,” he told Webster, adding that it’s not just early adopters embracing blockchain."

Community Blogs

  • We’ve entered the era of payments modernization, including real-time payments. Today’s technology advances at lightning speed, and new systems and solutions—leveraging that very technology—continue to emerge to improve the payments process. All of this ...

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Latest Discussion Posts

  • Just over three months ago, the Center for Disease Control and Prevention (CDC) announced its first confirmed case of COVID-19 in the U.S. In the weeks since, tens of thousands have died, millions have lost their jobs, non-essential businesses have closed, ...

  • As the novel coronavirus (COVID-19) continues its sweep across the nation, financial institutions of all sizes have instituted business continuity plans. Financial institutions' efforts to support their staff, members, and customers vary: from deferred ...

  • Industry shakeups this month highlight just how fast the payments industry is evolving. We open with the Federal Reserve's announcement that FedNow (SW) is making significant strides toward the development of its real-time payments service, which could ...

  • A few years ago, NEACH realized that the payments landscape was shifting rapidly. The amount of information-and misinformation-available was overwhelming.  To cut through the clutter, NEACH launched its Pacing Payments website and community, a one-stop ...

  • With the advent of real-time payments and all things faster payments, the industry has shifted its attention to new possibilities, and there's been less and less focus on checks. In fact, when checks come up, oftentimes it is to discuss their inefficiencies ...