PYMNTS

AUGUST 10, 2020

Credit and debit card payments accounted for 75.3 percent of all non-cash payments made, with debit cards being roughly twice as popular as credit cards. Financial institutions (FIs) and payment providers are constantly looking to improve and accelerate payments for various reasons. Reducing Costs.

Direct Deposit 89

Direct Deposit Venmo Non-Bank Payments 89

PYMNTS

AUGUST 6, 2020

billion for its second quarter 2020 — a jump of 129 percent from Q2 2019 — Fiserv President and CEO Frank Bisignano said Wednesday (Aug. billion in the comparable 2019 period. Reporting revenues of $3.47 5), “We demonstrated the strength and resilience of our business model during the quarter.”.

Zelle 61

Zelle Card Issuer Issuers Volume 61

PYMNTS

DECEMBER 1, 2020

“Companies shifting to digital payment methods are overcoming many of the challenges that have historically plagued business-to-business (B2B) transactions. days to settle — a sharp contrast to the real-time payments that have become ubiquitous in everyday life through apps such as Venmo or Zelle,” the CFO’s Guide states.

Process 64

Process Payment APIs and Integration Treasury Automation 64

PYMNTS

JANUARY 23, 2020

Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. 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.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

NOVEMBER 6, 2018

. Last year, only 25 real-time payment systems were operational worldwide — that number is growing rapidly. Demand is also heating up for real-time gross settlement (RTGS) systems. Meanwhile, Early Warning Services ’ Zelle network is also getting more robust.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

DECEMBER 19, 2018

With the launch of Ingo Money QuickConnect last week , the company capped off a year that CEO Drew Edwards told Karen Webster could best be characterized as the “Great Awakening” of push payments. We’ve finally moved beyond ‘so what is a push payment?’ to ‘how do I deliver real-time payments or fast funds to my customers?’”

Push-to-Card 68

Push-to-Card Payments PayPal Zelle 68

PYMNTS

NOVEMBER 4, 2019

Recently released third-quarter financials show how this particular payment method is gaining traction. For starters, Zelle ’s Q3 results show that its year-over-year payment values increased by 58 percent, while transaction volumes rose by 73 percent. Our 55-and-older customers are very active in Zelle,” Brandon said.

P2P 40

P2P Zelle Venmo Consumer 40

PYMNTS

OCTOBER 29, 2019

Released last week , Zelle’s Q3 results show that its year-over-year payment values rose by 58 percent, while transaction volume increased by 73 percent. During the quarter, $49 billion was sent through the Zelle Network on 196 million transactions. percent of consumers want instant payments to a bank account, 11.7

Instant Payments 40

Instant Payments Tax Refunds Debit Card Real Time Payments 40

PYMNTS

MARCH 18, 2019

That faster payments, whether via the Fed or via the TCH’s Real-Time Payments (RTP) network or both, is a big threat to how banks monetize the movement of money between senders and receivers and their depository accounts. as of January 2019. Faster Payments Is Happening, Fast. months into 2019.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

MARCH 19, 2019

Behind the billions of dollars — OK, make that tens and tens of billions of dollars — in deal-making that has marked the payments space in the just the first few weeks of 2019, lies, of course … strategy. The Holy Grail,” he told Webster, “is having software that actually delivers value.”.

Cross-Border 76

Cross-Border Push-to-Card Use Case Payments 76

PYMNTS

JANUARY 28, 2021

In the announcement detailing the deal, PNC said the acquisition would expand the company’s Treasury Management’s payments platform — specifically by enabling corporate clients to manage payables and receivables through a single channel, spanning all payment rails.

Process 60

Process Treasury Treasury Management FedWire 60

FICO

FEBRUARY 18, 2020

In this blog I’ll reprise the product strategy version of the convergence story, which I recently presented at FICO World 2019, introduced as “brought to you by the letter ‘C,’ as in ‘convergence.’” (I could see the Cookie Monster fans smiling in the audience.). Convergence Is Complex. What are the money inflows? What are the outflows?

Financial Crimes 52

Financial Crimes Crime Product Authentication 52

PYMNTS

MAY 2, 2018

Later, in the question and answer session with analysts, Yabuki said periodic revenue should see rebounds even as “we also have significant implementations going on with Architect, DNA, Biller, Zelle — those kinds of programs on top of everything else that we have going on a regular basis, which we’ll be adding in. getting it started.

Zelle 40

Zelle Debit Transaction Continuity Real Time Payments 40

FICO

MAY 1, 2020

Nevertheless, as I recently showed my parents how to use Zelle — a method I do use, through my bank’s mobile app — I wondered, “How can my parents, and all consumers, protect themselves from fraudulent P2P activity on their checking accounts? The Wall Street Journal reports , “Neither Square nor Venmo parent PayPal Holdings Inc.

P2P 69

P2P Venmo Online and Mobile Banking PayPal 69

FICO

NOVEMBER 30, 2022

Tue, 07/02/2019 - 02:45. Using techniques like social engineering or impersonating a trusted source, these criminals are scamming unsuspecting folks out of billions of dollars globally, using real-time payments channels to quickly make off with their ill-gotten gains. FICO Admin. by Debbie Cobb. expand_less Back To Top.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

PYMNTS

DECEMBER 24, 2019

For the annual holiday exercise at PYMNTS (describing the 12 main or most exciting ways to pay in 2019), it is clear that what has happened this year will have big implications for the new decade. Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1:

Consumer 64

Consumer Zelle P2P Real Time Payments 64