Remove Checks Remove Consumer Remove Good Funds
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Fiserv: Checks Aren’t Dead Yet — Here’s How Banks Are Responding

PYMNTS

At this rate, checks will thrive well into the 2030s. She recently discussed the future of checks — and the market opportunity that comes from consumers still being tied to them — in an interview for PYMNTS’ “ Walk to the Elevator ” series with Karen Webster. But there exists a dichotomy with checks.

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AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

Fintech Finance

Companies like Starbucks , CVS , Dunkin ’, Chick-fil-A and many other successful businesses have long provided engaging customer payment experiences with their closed-loop wallets, but had to rely on funding those accounts with conventional payment sources like debit/credit cards or ACH. Outside the U.S.,

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Why Real-Time Payments Need Real-Time Trust

PYMNTS

The technology offers authentication and verification during the transaction process to eliminate the anxiety of not knowing if the money will end up where it was intended — that is, to confirm that an account is open, active and in good standing before a payment goes through.

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Bridging The Gap Between Appearance And Reality Of Instant Payments

PYMNTS

Consumers, not so much. In fact, as Ingo Money CEO Drew Edwards pointed out to Karen Webster in the most recent edition of their “how to instant” conversations, consumers more or less don’t know the payments rails exist — and are really only ever concerned with a single question: “How am I gonna get my money?”.

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Chime’s Expanding Banking Services Menu

PYMNTS

When Chime ’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind: offering middle-class consumers a good deal. Toward that end, Chime acquired consumer credit startup Pinch late in 2018. Pinch’s offering was a series of tools to help consumers build better credit.

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PODCAST: Solving Instant Payments Ubiquity Problem

PYMNTS

Consumers live in a real-time world. That expectation increasingly extends to how consumers want to access their money. The concept is both incredibly simple and incredibly intuitive: Offer customers 24/7 access to good funds on demand, however and wherever they want them. An Explosion of Rails .

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Why Amazon Bet (Almost) A Billion On Certainty

PYMNTS

And how much are consumers willing to pay to get that certainty? In Amazon’s case, that takes the form of holding 50 percent of all eCommerce spend and more than 6 percent – and growing – of all retail consumer spend. Consumers stick to what they know will deliver a predictable outcome. Certainty as Retail’s Disruptor.