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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

If you look across the technology industry and the payments industry, the pace and movement of change is accelerating,” Mike Kresse, division executive for card and money movement at FIS , recently told PYMNTS in an interview. To get a sense of where faster payments are headed, look to the consumer. Particularly in the U.S,

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. And finally, that the banks and the card networks are the big losers. Then came PayPal’s debut of Instant Transfer to Bank. A Couple of Important Dots.

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Meeting Consumer Demand With Speed-Of-Life Payments

PYMNTS

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. For example, 77 percent would prefer a digital payment over a physical check, according to recent research by Fiserv, and two-thirds of urban consumers felt the same way.

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Sleepless In Payments

PYMNTS

Sleep experts contend that people just sleep less than they used to, maybe even as much as 20 percent less than even a few decades ago. That is unless you live in Melbourne, Australia, where things seem pretty chill. Those guys and gals sleep the most of anyone in the world – about six and a half hours a night – and pretty peacefully.