Innovation

The Buy Now, Pay Later Trend: What FIs Should Know

The Buy Now, Pay Later Trend: What FIs Should Know

By: René Clayton, Innovation Strategist The fintech market is seeing a flurry of activity for buy now, pay later (BNPL) lending options, and it is critical for financial institutions to understand the impacts. With online purchases growing exponentially, consumers are...

Is the Shift Toward Real-Time Payments Inevitable?

Is the Shift Toward Real-Time Payments Inevitable?

By: Lou Grilli, Senior Innovation Strategist Real-time payments (RTP), the first new payment format in 40 years, is gaining considerable industry traction, despite being in operation just a little over two years. While RTP technology is still relatively new and the...

Faster Payments Doesn’t Mean Real-Time Payments

Faster Payments Doesn’t Mean Real-Time Payments

By: Lou Grilli, Senior Innovation Strategist The term “faster payments” is popping up more frequently – not just in payments-specific trade publications, but in the mainstream media as well – as discussions focus on the need to send money to consumers and businesses...