Citizens Bank, PNC and U.S. Bank all see fast-growing 'on-demand pay' appealing to gig workers, Millennials and hourly employees.
The latest news about payments and digital payments trends, including mobile payments, contactless payments, real-time payments, and mobile wallets like Venmo and Zelle.
Enhancing cash management services is not only a revenue opportunity for banks, but a way to fend off the fintechs encroaching on business customers.
Popular Articles within Payments Trends:
Payment fraud is becoming exponentially more prominent, and customers are getting worried. Sardine's Simon Taylor and Soups Ranjan talks through the steps banks need to take next.
The nation's biggest bank is about to disrupt rent payments (and fintechs) on a big scale with a modern payment system for property owners.
Consumers are growing more fond of digital wallets and instant payments, BNPL and cryptocurrency as primary payment solutions. The financial institutions providing payments tech need to up their game, says i2c's head of product development for lending, Dan Hanks.
The app 'Debbie' is the Noom for credit cards. It uses behavioral psychology and habit-changing lessons to help consumers pay down card debt.
Increasingly it's getting harder to tell where debit and credit end and BNPL picks up, as the share of wallet fight escalates.
Merchants will turn the automated clearinghouse system against banks, payment experts say. With this 5-point plan, banks can counter the hit.
Banks relying on interchange fees to fund credit card rewards programs face difficult budgetary decisions if the Durbin bill passes.
Big shifts in the payments space — crucial to banks — include a major P2P payment move by Amazon and a bigger role for debit cards.
Competition in real-time payments will intensify when the Federal Reserve launches its long-awaited entry. What it means for banks.
Credit card balances are reaching new highs, and consumers aren't paying their balances in full. Debbie cofounders Frida Leibowitz and Rachel Lauren say they have the solution.
Integrating digital payments and small business services with banking is why the megabank is less 'scared' of big fintechs now.
Knowing a banking customer’s financial habits helps in the tense battle against identity theft and account takeovers.
With a billion credit cards in use in the U.S., and BNPL gaining fast, primary card status is tougher to achieve (and more vital) than ever.
Black eyes and penalties out of Washington drive changes in overdraft pricing and policy, creating a revenue hole and leaving some hanging.
Banks will make better use of data to enhance decision making, automate processes and personalize CX. Here's how they can get there.
Explore strategies for identifying, engaging and winning with consumers by adopting a risk to response mindset across campaign types.
Consumers and businesses are inching closer to a cashless world. Closer, but not all the way, and that presents some challenges for banks.
Fintech firms like Klarna, Affirm and PayPal face a brand-new regulatory regime for buy now, pay later plans as bureau clamps down.
The head of the bank-owned P2P payments app says QR code business payments are hot now, and responds to Zelle's high-profile fraud issues.
FedNow is coming closer to completion, and it'll allow financial institutions of all sizes to provide safe and effective payment solutions to customers. Here's what it'll look like says FedNow business executive at the Federal Reserve Financial Services Nick Stanescu.
Credit card reward points, historically limited to specific purchases, are becoming a type of currency, a trend that could boost card usage.