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July 13, 2017

PayFacs Podcast Series

PayFacs Are The New ISOs
 

Who is a PayFac, what does one do, and why are software platforms gravitating toward this model? In a new podcast series with Karen Webster, Rich Aberman, co-founder of online payment service provider WePay, digs into the details of PayFacs and their role in the payments ecosystem. Episode One covers the evolution of PayFacs and why ISOs are becoming even more of an endangered species than ever before.

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Cash Access

Idea Bank Is Driving ATM Innovation — Literally, In A BMW
 

While cash is often declared dead, and the ATM is written off as last century’s technology — in some parts of the world cash is alive, well and still king for about a third of smaller merchants. Instead of simply trying to kill cash — the team at Idea Banks is trying to find ways to make its use more innovative. We talked to Idea Bank board member Dominik Fajbusiewicz about his firm's very literally mobile ATMs — and what’s next on the innovation road map they’re drawing.
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Mobile Payments Ecosystem

Google’s Big Mobile Moves In India
 

Google made some headlines this week as it carried its “next billion users” initiative one step further to India with the announcement that it would soon be folding UPI into Android pay and releasing an India-centric, UBI-powered app. That will make Google first to the starting line in a mobile payments race that’s picking up an ever more luminary list of competitors.

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B2B API Tracker™

NEW REPORT: For Mastercard, Are APIs More Priceless Than Plastic?
 

After decades of focus on plastic cards, Mastercard has turned its attention to the potential of APIs to expand its services and reach. For the July B2B API Tracker™, a FI.SPAN collaboration, PYMNTS catches up with Oran Cummins, Mastercard’s SVP of APIs, about how APIs are furthering its mission of a world where digital rules. All this, plus the latest headlines and a provider directory with over 30 players in the space, inside the latest Tracker.

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