December 27, 2012

8 Innovators Shaping the Future of Payments

The world of payments is always innovating and fast-changing. Many companies -- not all of them traditional financial institutions -- have transformed the space in recent years with trailblazing technology and ideas. Bank Systems & Technology highlights eight innovators that are leading payments into the next century.

By BS&T Staff

Banks expressed concerns about the technological and competitive advantages (one of which is the lack of regulatory restrictions) the non-traditional competitors might have in the evolving mobile payments space. But the playing field could become more even, as regulators including the Consumer Financial Protection Bureau expressed their intentions of examining the impact of mobile payments on consumers’ financial health and safety.