What’s the Future for Checking Accounts?
The core product with the obsolete name remains essential for consumers — and financial institutions — but the reasons why are. Read More about What’s the Future for Checking Accounts?
Article Archive: Payments Strategies
Will 2022 Be the Year Crypto, Stablecoins and ‘CBDCs’ Take Off?
With millions of consumers already owning crypto, no traditional bank or credit union can afford to not at least weigh getting. Read More about Will 2022 Be the Year Crypto, Stablecoins and ‘CBDCs’ Take Off?
Data Reveals People Don’t Trust Open Banking or Fintechs, But Use Both
It may take years for the U.S. to fully embrace open banking, even though consumers routinely link third-party apps to their bank. Read More about Data Reveals People Don’t Trust Open Banking or Fintechs, But Use Both
Why People Don’t Want Banks to Pull the Plug on Overdraft Services
Many consumers actually feel they need this politically incorrect option to manage their finances — or adjust for their lack of discipline.. Read More about Why People Don’t Want Banks to Pull the Plug on Overdraft Services
Intuit’s Drilling Even Deeper into Small Business Banking
Free business checking offered with Green Dot Bank serves as a tie-in for firms using QuickBooks and as part of a 'starter kit' for future. Read More about Intuit’s Drilling Even Deeper into Small Business Banking
Will New P2P Startup ‘Chuck’ Edge Out Venmo, Square and Zelle?
A consortium of community financial institutions uses 'open' approach to give their customers a 'one-stop-' approach to mobile. Read More about Will New P2P Startup ‘Chuck’ Edge Out Venmo, Square and Zelle?
Banking’s Role in the Rapidly Growing ‘Internet of Things’ World
Embedded banking and IoT is leading to a 'Thing Economy' where smart devices autonomously transact and engage in commerce.. Read More about Banking’s Role in the Rapidly Growing ‘Internet of Things’ World
7 Major Payment Trends that Will Shake Up Banking in 2022
From BNPL to super apps to real-time trends, payments will send bankers to their pain relievers of choice. But there's also. Read More about 7 Major Payment Trends that Will Shake Up Banking in 2022
Is ‘Buy Now, Pay Later’ the Future of Consumer Lending?
Some view soaring BNPL as an existential threat to credit cards and traditional bank loans. Others argue there are strong. Read More about Is ‘Buy Now, Pay Later’ the Future of Consumer Lending?
The Expanding Gap in Financial Performance Should Frighten Bankers
The performance gap between digitally-ready financial institutions and those encumbered by their legacy business models is. Read More about The Expanding Gap in Financial Performance Should Frighten Bankers
How Dwolla Is Reinventing Payments as Real-Time Erodes Traditional Channels
Faster and cheaper payments designed for ecommerce depend on open banking partnerships between fintechs and financial institutions.. Read More about How Dwolla Is Reinventing Payments as Real-Time Erodes Traditional Channels
How Klarna’s Attack on the Payments System Could Impact Banking
The BNPL giant rolled out a "pay now" option and a charge card, raising big questions about what the future holds for traditional. Read More about How Klarna’s Attack on the Payments System Could Impact Banking
Amazon Shocks Credit Card Industry With Rejection of Visa Payments
Big enough to completely disrupt the payments space, Amazon is flexing its muscles by shunning one of the world's two credit card. Read More about Amazon Shocks Credit Card Industry With Rejection of Visa Payments
18 of the Most Stunning Credit & Debit Card Designs in Banking
Even as people use digital payment apps more often, they still love a slick-looking card that gets noticed when they pull it. Read More about 18 of the Most Stunning Credit & Debit Card Designs in Banking
How Amazon’s Alliance With Venmo Will Disrupt The Payments Space Forever
Amazon gives consumers a new way to pay, and sets Venmo's parent PayPal up to siphon even more payments away from credit card. Read More about How Amazon’s Alliance With Venmo Will Disrupt The Payments Space Forever
Banks Risk Losing Critical Revenue Stream If Payment Trends Continue
The mobile wallet war is one challenge. The shift to P2P and rapid growth of buy now, pay later are two more that directly impact. Read More about Banks Risk Losing Critical Revenue Stream If Payment Trends Continue
14 Surprising Predictions on the Future of Banking
Research predicts rapid change in key industry functions, prompting a shift of business models, but slower-than-expected change elsewhere.. Read More about 14 Surprising Predictions on the Future of Banking
Mobile Ordering Fad Poses Payments Fraud Threat
When quick-service restaurants build their own mobile apps to avoid food delivery apps' fees, errors enable fraud or trigger false. Read More about Mobile Ordering Fad Poses Payments Fraud Threat
Plaid’s Payment Invasion Could Radically Alter Card-Based Transactions
The data aggregator launched an accounts-based payments ecosystem with the potential to sharply impact both bank revenues and card. Read More about Plaid’s Payment Invasion Could Radically Alter Card-Based Transactions
Evaluating Credit Card Profitability: Fee vs. Interest Income
A complex mix of revenues and expenses is not always understood by financial institutions, which can turn card programs into profit. Read More about Evaluating Credit Card Profitability: Fee vs. Interest Income
Central Bank Cryptos and the Critical Issues Behind A High Stakes Debate
'CBDCs' would enable the fastest payments yet, but under some scenarios banking's role would be reduced. Read More about Central Bank Cryptos and the Critical Issues Behind A High Stakes Debate
Banks Duke it Out to Give Consumers a Cash-Back Christmas
Financial marketers ramp up campaigns to capture holiday spend in a season that is all about cash rewards. But BNPL looms. Read More about Banks Duke it Out to Give Consumers a Cash-Back Christmas