The history of payments in the last century has been a fascinating journey. From gold-backed paper currency to a fiat model that grew beside the convenient credit card system, the method in which we transact has always been reflective of society’s technological capabilities at that time. Even as late as …

A survey from the Electronic Transactions Association and The Strawhecker Group found that 43% of small and mid-size businesses view digital payments as more important to their operations now than before the Covid-19 pandemic. The survey of 528 SMBs also found that 34% said they are experiencing an increase in contactless payments.InComm …

That the shift toward digital forms of payment was accelerated by the pandemic has been duly noted over the past year, but how much of that change will stick once the U.S. market and the rest of the world gets beyond Covid? Not all of it by any means, but …

Investing in digital account opening, mobile-banking applications, and customer-relationship applications are among bankers’ priorities for digital services in 2021, says a report from Computer Services Inc., a provider of cloud-based financial-services technology. Enabling consumers to open accounts digitally, even after the Covid-19 pandemic subsides, was cited as a top priority …

Just as businesses are fast-tracking their efforts to accept digital payments as a result of the coronavirus pandemic, so too are houses of worship. Pushpay Holdings Ltd., a Redmond, Wash.-based independent sales organization, says the number of churches using its donor-management system is growing rapidly. While churches were already adopting …

Fiserv Inc. announced Wednesday an agreement to acquire, for an undisclosed sum, Ondot Systems Inc., whose technology includes so-called card controls, or tools that allow cardholders to switch usage on or off according to considerations of security or preferred usage. The deal is expected to close in the first quarter …