PYMNTS

SEPTEMBER 14, 2016

’s Faster Payments initiative, which traces its genesis to 2008, has seen fraud losses around online banking grow from £22.6 million in 2007 to £52.5 million in 2008 and then to £59.7 million in 2009, before new and more sophisticated security measures took effect.

Fraud Prevention

PYMNTS

DECEMBER 23, 2016

“Much of the change has occurred in the new millennium,” wrote the Federal Reserve in a more than 200-page report looking at the state of the payment industry. Among the key findings of the report was an increase of card payments to 19.9 billion from 2012 to 2015, with non-prepaid debit card payments leading the way, growing 12.4

Debit Card

PYMNTS

MARCH 28, 2016

The path to faster payments in the U.S. Instead, we could do something right away — or almost right away — that would make payments between consumers and businesses faster. The average check amount in 2015 was $1,487 – the highest it’s been since 2007, when it was $1,590. So, where does this leave us?

Faster Payments