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Payments Are Still Handled as a Secondary Task In Most Businesses – Survey
A recent Payment maturity survey of 793 businesses worldwide conducted by Corefy shows that payments are often managed as part of general administrative duties (36.9%) or by a team member who has other responsibilities (28%). Only 14.5% have a specialised payment department.
These findings suggest that payments remain an under-prioritised function in many companies, even as transaction volumes and complexity increase. Without dedicated expertise, businesses may struggle with inefficiencies, provider management, and payment optimization.
“As payments become more complex, businesses need to start treating them as a strategic function rather than an afterthought,” said Denys Kyrychenko, Corefy’s Co-founder & CEO. “Having a dedicated payment manager or team can drive efficiency, cost savings, and a better overall payment experience.”
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CLS Appoints Six New Board Directors
CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announces the appointment of six new members to its Board of Directors at the CLS Annual General Meeting held on 9 June 2026.
Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World
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SumUp Launches in Canada
SumUp, the global financial technology company, today announced its official launch in Canada. The milestone makes Canada SumUp's 38th market and its latest step in building out its presence across the Americas, as the company continues its mission to make commerce simpler and more accessible for all businesses worldwide.
European Fintech Association Elects New Board of Directors
The European FinTech Association (EFA) today announced the election of its new Board of Directors, bringing together senior leaders from across Europe's fintech ecosystem to guide the Association's work over the coming term.
G+D: Navigating the Future of Fintech Agility and Innovation
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Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support
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