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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

Stax

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. All you need to use a digital wallet is a smartphone.

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The Best Banks in Asia 2024, Ranked by Forbes

Fintech News

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

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What Would it Take to Get Users Onside With CBDCs for Everyday Use?

The Fintech Times

Central bank digital currencies (CBDCs), digital money regulated by a country’s central bank, are currently being tested across the world. Yet many central banks have already actioned plans to introduce them. If we cast our minds back to when bank cards were first introduced, we witnessed similar hesitation then too.

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Sizzle Of The Week: Zelle’s Accelerating Growth

PYMNTS

Bank earnings this week gave us a bit of insight into the momentum gained by bank-backed P2P payment network Zelle in 2018. For example, Bank of America reported on Wednesday (Jan. The company recently boosted rates it pays on the accounts, so might we expect more torque in the banking giant’s consumer business?

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The Role Of ATMs In Bank Omnichannel Strategy

PYMNTS

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Millennials are taking a mobile-first approach to banking, driving that transformation.

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Deep Dive: Preventing Fraudsters From Exploiting FIs? Omnichannel Blind Spots

PYMNTS

Consumers want omnichannel banking access so they can easily switch between in-person branch visits, call center services and mobile apps as needed. They might pop into bank branches near their offices to grab cash, for example, then use mobile apps during their subway rides home to check their account activity.

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Venmo And Zelle’s P2P Battle Royale

PYMNTS

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. Any merchant that accepts Mastercard payments can accept the Venmo cards. Zelle Bank Gains.

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