PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact. The industry just has to have it.

Innovation 76

Innovation Online and Mobile Banking Zelle Venmo 76

PYMNTS

JULY 27, 2020

They’ve stood up the right pipes, he said — Visa Direct, Mastercard Send, RTP, Zelle and sometimes PayPal — but when it comes to tying all that together into a consumable deliverable with flexible, on-demand payment options, there remains a big gap. It’s happening either way,” Edwards told Webster. When ‘Instant’ Really Isn’t.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

SEPTEMBER 17, 2019

But delivering on that concept — and providing instant push payments on demand — is far from simple. What we see more and more, though, is that it has to work for many different types of businesses who want to push those funds instantly, and consumers who want to receive them in a variety of ways. Edwards said.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70

PYMNTS

MARCH 18, 2019

Then came PayPal’s debut of Instant Transfer to Bank. This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

DECEMBER 4, 2018

For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items. For many consumers, perks are a key driver of their credit card choice, whether it’s airline miles, cash-back or points that can be redeemed for a variety of items.

Issuers 76

Issuers Alternative Payment Methods Credit Cards Push-to-Card 76

CB Insights

AUGUST 23, 2018

JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results. JPM boasts an industry leading credit card network. With an elite rewards network, JPM is able to use its credit cards as a lever to attract and retain valuable clients. First Name.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

PYMNTS

AUGUST 5, 2019

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. And the death of checks – sooner rather than later.

Checks 65

Checks Instant Payments Online and Mobile Banking Irrevocability 65

The Fintech Times

JULY 31, 2024

“It’s trendy at the moment for nonprofits to raise funds, and collect payments and dues on P2P payment apps like Venmo , Zelle , PayPal etc. This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change.

Compliance 64

Compliance AML Regulations Due Diligence 64

PYMNTS

FEBRUARY 27, 2019

But data shows that what consumers increasingly do want is money pushed to them via the alias known as the debit card. Roughly 84 percent of consumers surveyed prefer the debit card to a mobile phone number or email alias. Millennial consumers probably wouldn’t be so generous. on a scale of 100.

Consumer 53

Consumer Debit Card Push-to-Card On-Demand 53

PYMNTS

APRIL 12, 2019

Consumers use Venmo and Zelle to quickly settle shared expenses between friends, and they know the money will arrive in their bank accounts within a few minutes — or even seconds. Consumers can receive disbursements in many ways — via direct deposit, debit card, prepaid card and P2P services — but many are not given options.

Zelle 43

Zelle P2P Venmo Direct Deposit 43

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. It’s a matter of some confusion and debate about who first came up with the concept. In September of 1985, the world met the Top 10 List as a vehicle for joke-telling. Theranos Investors Settle. Most agree: It won’t be much.

PayPal 40

PayPal Zelle Online and Mobile Banking P2P 40

PYMNTS

MAY 22, 2018

This is the last mile of payments, where a push can get funds where they need to go — literally. Much has been made in this space about push payments , which assures instant and “safe to spend” funds (meaning the payment cannot be reversed) delivered to a consumer’s account. and didn’t really work in the U.S.

Push-to-Card 40

Push-to-Card Same Day ACH ACH Payments 40

FICO

APRIL 8, 2022

A New York Times story about people being tricked into sending money to fraudsters (known in the UK as authorized push payment [APP] fraud ) on Zelle was one of the top stories for several days running, reverberating across news outlets worldwide. In recent weeks scams and fraud have been splashed across headlines everywhere.

Scams 52

Scams TPS Non-Bank Zelle 52

PYMNTS

OCTOBER 11, 2018

Snapchat , according to recent reports , is having cash flow troubles. The app that got famous for its disappearing messages is looking like it will either need to raise a some capital by sometime in 2019 or run the risk of going broke, according to a note by MoffettNathanson. Nathanson went on to slash his revenue estimates for Snap Inc.

Push-to-Card 72

Push-to-Card P2P Zelle Rules 72

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. The digital economy is here and, for many consumers, it has become a way of life. But, with this progress comes friction in the form of a payments patchwork. Supply and Demand.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

DECEMBER 7, 2017

Apple Pay, Android Pay, Samsung Pay, Chase Pay, Walmart Pay, Kohl’s Pay, Citi Pay, CVS Pay, Amazon Pay – over the course of about 36 months, the world went from having no “Pays” (well, except for PayPal) to a Pay for every day of the week. Until recently, there was a tidal wave of Pays out to conquer digital with the power of mobile payments.

Online and Mobile Banking 40

Online and Mobile Banking Mobile Payments Push-to-Card P2P 40

Tearsheet

SEPTEMBER 19, 2024

The friction between a customer and a purchase has gone down, but the same cannot be said for when customers want to disengage from services like a subscription. It’s where customers want convenience, autonomy, and trust but many of the players today have not been able to meet their demands. But this is where partnerships come into play.

Posting 52

Posting Issuers Consumer Disputes 52

PYMNTS

AUGUST 12, 2019

Prepaid payroll cards were introduced decades ago as a paper check alternative for the unbanked and underbanked worker. Over the last several years, an army of innovators with billions in venture funding have built instant pay products on top of card network debit rails. if you can just hang in there until about 2024.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78