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Deep Dive: Instant Payments Confront Long Path To Ubiquity

PYMNTS

Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement methods increasing over the past few years. More than 42 percent of consumers received at least one instant payment in 2019, but such disbursements have a way to go before they are as common as many would like.

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Graduating To Faster Payments

PYMNTS

According to a study by Aite Group , most student loan tuition payments are made via electronic check (ACH), followed by debit cards, which are favored by millennials and Gen Yers everywhere. The writing is on the whiteboard: School’s out for paper payments. In Q3 2019, credit card issuer JCB International Co.,

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Assessing Digital Identity — You Need to Ask “Who?” AND “Why?”

FICO

Thu, 08/22/2019 - 12:37. Educate customers to make them more aware of how to protect and verify their identities, and add sensible friction back into authentication activities, especially related to payments. Educate customers on the risks of scams and tailor the message specific to the type of scams they might face.