Payment rail innovation is all about speed. With faster and real-time payment demands continuing to grow for businesses and consumers, solutions are needed. VSoft’s real-time, faster payments platform covers a variety of use cases from B2B, B2C, and P2P. Bread is run on its own network, cutting out any middleman, ensuring your payment is delivered safe and securely.
PYMNTS.COM
SWIFT, VSoft Eye Speed In Payment Rail Innovation | PYMNTS.com
We are thrilled to announce that VSoft’s very own Kevin Olsen was recently featured in an article for Authority Magazine. Kevin was apart of the “How Business Leaders Plan To Rebuild In The Post COVID Economy” series, where he talked about how his career in the payments industry got started and the importance of providing knowledge on digital payment solutions.
MEDIUM.COM
Kevin Olsen of VSoft: How We Plan To Rebuild In The Post-COVID Economy
Banking operations have increasingly morphed into an integral part of a customer-centric delivery model. Along with the progression, shifts have been made towards more cost-effective and well protected cloud-based solutions. How can the cloud not only provide information in a faster more efficient way, but also have the ability to keep customer data safe and secure?
FINTECH.BANKINGCIOOUTLOOK.COM
Banking CIO Outlook
As faster and real-time payments continue to make a splash in the payments industry, there is room for mobile check deposit to enter its next level of growth. Technology is the number one impact on many facets of the banking experience, providing consumers with a seamless digital banking journey.
PYMNTS.COM
How 'Pandenomics' Will Up Mobile Check Deposits | PYMNTS.com
In order to keep up with changing consumer behavior, several well-known retailers are making changes towards contactless and digital payment concepts. Retailers such as CVS and Kroger have made the move to contactless payments allowing customers to use their smartphone devices for a touch-free, safer checkout.
PAYMENTSSOURCE.COM
Contactless payments are safer, and a lot more convenient
Faster and Real-Time payment demands continue to grow in both the B2B and Corporate sectors. Bread, VSoft’s Faster Payments platform, offers traditional Bank rails the ability to facilitate Real-Time payment capabilities. Bread also allows businesses quicker access to their funds, and in return the ability to pay employees more frequently.
PYMNTS.COM
SWIFT, VSoft Eye Speed In Payment Rail Innovation | PYMNTS.com
Cross-border digital payments continue to drive discussions when it comes to payment rail innovation. For many companies that do business internationally, having infrastructure that can not only accept outside payments, but accept them in real-time is critical. Will success in Latin and Central America have an effect on international payments in the U.S.?
PYMNTS.COM
Cross-Border, Digital Payments Drive Innovation | PYMNTS.com
Many institutions today still operate on outdated legacy systems built for the past. Digital transformation is critical for those operating in the financial services sector. How can updated software make banks and credit unions more efficient all while providing their customers and members the digital experience they need in their everyday lives?
FINTECHMAGAZINE.COM
Digital transformation is critical for financial services | Technology & AI | Fintech Magazine
The addition of digital banking solutions has nullified many of the advantages that make up traditional institutions. Leveraging the power of digital banking allows banks and credit unions to become more personalized with their customers and members. Having the latest technology provides a better understanding of the solutions and tools consumers expect now and for years to come.
THEFINANCIALBRAND.COM
Three Steps Banks & Credit Unions Can Take to Max Digital Engagement
Modernizing your payments infrastructure makes it possible for products to meet rising customer expectations and for institutions to remain competitive in the growing digital market space. Reliable but aging wire transfer payment capabilities need to be a part of the mix. By modernizing traditional approaches to wire transfers, banks and credit unions can offer more efficient and competitive processes to their customers and members.
PAYMENTSJOURNAL.COM
Why—and How—Banks Should Be Modernizing Wire Transfers | PaymentsJournal
Technology continues to drive consumers appetite for on demand, digital-first products, and services. Financial institutions must be adaptable, ready, and able to move quickly in providing customers and members their ever-evolving needs. Being agile is the key, and today that agility is built on the cloud.
FINTECHFUTURES.COM
The cloud promises unprecedented agility, and the time to create a roadmap is now - FinTech Futures
As consumer demand for all things touchless is surging- 2020 might go down as the year shoppers and merchants fully embrace QR codes. How can embracing QR codes and contactless payments be a business boosting change that is a win-win for customers, employees, and merchants alike?
PYMNTS.COM
Consumers Embrace QR Codes, Contactless Payments | PYMNTS.com
With the awareness of real-time payments climbing, so is demand. There is no shortage of interest or activity as more banks and credit unions begin offering and promoting RTP. VSoft’s faster payments ecosystem Bread can meet the need for speed by leveraging real-time payments that are insured directly through your financial institution.
PYMNTS.COM
Real-Time Payments Enables Faster Funds | PYMNTS.com
Financial institutions of all sizes continue to undergo extensive digital transformations. Combining the physical branch with digital features can cut costs and provide customers with more information that is relevant to them. Is it time to embrace the benefits of potentially combining physical and digital services?
FINTECHMAGAZINE.COM
Embracing physical and digital in financial services | Financial Services (FinServ) | Fintech Magazine
As consumers continue to use real-time payments, payment providers are expecting businesses do the same. As faster, real-time payments become a bigger part of the industry, businesses must be in compliance with ISO 20022 standard. While B2B and B2C real-time payments gain more traction and use cases, the demand for faster payments will continue to grow.
DIGITALTRANSACTIONS.NET
With Real-Time Networks on the Way, Processors Prepare to Give Businesses a Piece of the Action - Digital Transactions
As Banks and Credit Unions continue to digitize their internal processes and customer facing services, being safe and secure has to be a top priority. Since the pandemic, account takeover has grown 72% and phishing attacks along with suspicious activity across all businesses show no signs of slowing down. How can banks meet the new demand for digital services and provide a frictionless customer experience while fighting the increased growth in fraud?
PAYMENTSJOURNAL.COM
5 Steps for Secure Digital Banking Channels in the COVID-19 Era | PaymentsJournal
Smart technology has made accessing customer and member data faster and easier for Banks and Credit Unions. In order to see success, financial institutions need to integrate customer insight with transaction data, environmental factors, and social interactions. Real-time data can be the key to improving communication and providing accurate, updated, and relevant information to consumers.
BANKINGCIOOUTLOOK.COM
Banking CIO Outlook
The evolution of consumer payment methods continues to evolve, reshaping how many of us complete a simple transaction. According to the WorldPlay Global Payments Report, in 2020 the biggest trend in consumer payments continues to be the rise of mobile transactions. VSoft’s faster payments platform Bread allows merchants to accept real-time payments with no waiting or transfer period.
PAYMENTSJOURNAL.COM
The Future of Consumer Payment Methods in a Post-Covid-19 World |
The surge in digitization has accelerated the evolution of real-time payment network advancements such as instant payroll, merchant settlements and tokenization. Another development is the growing interest and awareness of payers getting the money into the hands of small business owners more quickly. Now that payments have become faster, what is being done to address making payments smarter and safer?
PYMNTS.COM
TCH On Making Real-Time Payments Smarter, Safer
There has been a substantial change in the payments industry within the last year. We have seen rapid shifts and growth by both consumer behavior and merchant expectations for e-commerce. The pandemic has kick-started digital transformation providing opportunities for the industry to innovate. What is expected in 2021? How will consumer behavior reflect the way payments are made?
FINTECHMAGAZINE.COM
Payments in 2021: What lies ahead after the digital boom? | Digital Payments | Fintech Magazine
Starbucks and many other brands have developed the winning recipe when it comes to taking care of their customers. Advanced technology like artificial intelligence has enhanced loyalty programs keeping customers engaged and coming back for more. Winning customers over in any industry starts by tailoring to the wants and needs of those individuals.
PYMNTS.COM
How Rewards Programs Can Fuel Customer Spending
The compliance ecosystem is always evolving and can be challenging for financial institutions dealing with various rules and regulations. Businesses continue to struggle with transforming data security and data privacy issues. As IT risks become more complicated, what tools can businesses incorporate to fulfill day to day responsibilities?
BANKINGCIOOUTLOOK.COM
Banking CIO Outlook
The banking sector continues to become more digitized. The rise of online banking and FinTechs has brought about an unparalleled age of accessibility and convenience for customers. The impact of Covid-19 has mostly expedited a journey we are already on- towards fast, convenient, and integrated banking solutions.
FINTECHMAGAZINE.COM
How the pandemic will change banking in 2021 | Banking | Fintech Magazine
Banking in the U.S. is experiencing a fundamental shift spurred by the pandemic and consumers habits evolving. Customer service has emerged as one of the most highly valued attributes in any financial institution. What is the best method for grasping this opportunity? Having a revamped, seamless, and intuitive experience for consumers migrating to online banking.
FINTECHFUTURES.COM
US banks must lose "legacy anchor" to meet customer needs in 2021 - FinTech Futures