PYMNTS

FEBRUARY 13, 2020

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. That’s a challenge, as banks have traditionally plied their trade through face-to-face interactions. Looking At Open Banking. Open Banking is taking root in the U.S.

Online and Mobile Banking 92

Online and Mobile Banking Venmo Direct Deposit Deposit Account 92

PYMNTS

JANUARY 23, 2018

The Bank of America has reportedly done away with a free checking account that was popular among low-balance customers, forcing them to save more money with the national bank or face a monthly fee. More recently, some customers expressed outrage with Bank of America’s move, with a Change.org petition landing 45,000 signatures.

Checks 56

Checks Accounts Direct Deposit Online and Mobile Banking 56

Payment Savvy

NOVEMBER 14, 2022

If you’re familiar with traditional check processing, where banks manually process physical paper checks and deposit funds into the appropriate bank accounts, then you probably get the idea of electronic checks. Let’s explore this modern online payment method and see if you can benefit from it too.

Checks 52

Checks Direct Deposit ACH Online and Mobile Banking 52

PYMNTS

APRIL 17, 2018

According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento. PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores.

PayPal 40

PayPal Point-of-Sale (POS) Online and Mobile Banking Debit Card 40

PYMNTS

JANUARY 30, 2018

When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. fee was charged each month that the digital customer opted to use a bank branch for services or if they did not make the direct deposit. Free to Be Free.

Direct Deposit 43

Direct Deposit Online and Mobile Banking Checks Non-Bank 43

Fintech Labs Insights

MAY 24, 2021

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). The website ( see screenshot below ) has a modern look and feel and immediately highlights the startup’s USP: Banking designed for freelancers.” Choice Financial is the banking provider.

Online and Mobile Banking 15

Online and Mobile Banking FDIC Direct Deposit Small Business 15

Fintech Labs Insights

MAY 24, 2021

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). The website ( see screenshot below ) has a modern look and feel and immediately highlights the startup’s USP: Banking designed for freelancers.” Choice Financial is the banking provider.

Online and Mobile Banking 15

Online and Mobile Banking FDIC Direct Deposit Available Balance 15

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Addressing 53

PYMNTS

MARCH 1, 2018

Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills.

Financial Literacy 40

Financial Literacy Push-to-Card Credit Cards Online and Mobile Banking 40

EBizCharge

JULY 18, 2024

EDI payments streamline the payment process, reduce human error, minimize manual data entry, and facilitate faster funds transfers between banks. Payment Instruction: Payment instructions are sent electronically from the buyer to their bank, often as an EDI 820 transaction set.

ACH 52

ACH Transactions Payments Funds Transfer 52

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. Setting up direct deposit for your paycheck. Transferring money between your own accounts at different banks. The history of electronic funds transfers begins in the 1960s, with the advent of ATMs.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit Funds Transfer 98

Nanonets

SEPTEMBER 17, 2024

With financial transactions and digital verifications happening at the click of a button, a new trend has emerged - the rise of fake bank statements. We'll also discuss technology and cutting-edge AI solutions that can help businesses combat bank statement fraud.

Fraud Detection 52

Fraud Detection Online and Mobile Banking Verification AI 52

PYMNTS

JULY 4, 2018

High satisfaction rates, to the tune of 81 percent, come in tandem with innovations such as shared branching, in which ATMs and services are universal across the network. The emergence of high-tech and AI at the credit union level speaks volumes – and funnels right up into some larger digital banking trends.

Research 40

Research Credit Union Payments Online and Mobile Banking 40

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. ACH stands for Automated Clearing House Network. What Exactly is an EFT Transfer?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. EFTs typically include digital payments such as direct deposits, ATM transactions, and credit and debit card payments.

Wire Transfer 52

Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

PYMNTS

JANUARY 1, 2021

Digital-First Banking. Banks will need to seriously revamp their in-branch experiences to accommodate the new normal as customers are growing used to the unparalleled convenience and speed that mobile banking has to offer. The year-over-year increase in cross-border online sales was even more dramatic in other regions.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

Nanonets

JUNE 29, 2023

Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct, Integration with Slack, allowing employees to receive alerts, handle requests, and obtain approvals directly within the Slack interface. I Two-factor authentication for bank account changes via the vendor portal further fortifies protection against scams.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Multi-Currency 52

Nanonets

JUNE 29, 2023

Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct, Integration with Slack, allowing employees to receive alerts, handle requests, and obtain approvals directly within the Slack interface. Pros: Zero shot AI that can capture data from documents from day 1.

Payment APIs and Integration 52

Payment APIs and Integration Automation Credit Cards Online and Mobile Banking 52

Nanonets

JANUARY 17, 2024

InnovateX used the OCR-based mobile app offered by their expense management software for expense reporting which captures data directly from receipts and populates the same in the expense management system. And with mobile apps, expenses can be managed on the go - from the backseat of a cab or the departure lounge of an airport.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

M2P Fintech

MARCH 28, 2024

Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. without requiring a traditional bank account or debit card. Unlike physical cash or bank deposits, CBDCs are purely electronic.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59