PYMNTS

APRIL 12, 2017

In a press release, the company said more than 158 million transfers were made over the platform during 2016. What’s more, the volume is nearly 50 percent higher than the year before, when it had 105 million transfers.

Good Funds 40

Good Funds P2P Transactions Volume 40

PYMNTS

JANUARY 8, 2019

By 2016, Chime was in the market with the full suite of features that digital banks offer today. Chime also offers no-fee paycheck advances that make funds available to workers as soon as the deposit is initiated by the payroll provider and the bank is alerted. The firm was valued at $500 million as of its last funding round.

Debit Card 64

Debit Card Push-to-Card Funds Availability Payroll 64

PYMNTS

MAY 23, 2018

The average daily volume of checks continues to decline, with commercial checks down 1.7 Instead, it’s that they need a way to get immediate access to those deposited funds that they can then, in turn, deploy toward critical expenditures — like payroll for an SMB, or groceries and daycare for a consumer.”.

Checks 41

Checks Federal Reserve Fed Participant 41

PYMNTS

OCTOBER 8, 2018

Travel by train was a mode of transportation perceived by many as outdated as the horse-drawn carriages that first pulled rail cars on them, but Buffet observed the role that railroads played in driving economic growth because of the efficient, low-cost and reliable way they moved goods across the country.

B2B 76

B2B Same Day ACH Payments ACH 76