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ACH Network Payment Volume Jumps Almost 7 Percent In Q3

PYMNTS

NACHA – The Electronic Payments Association – announced Thursday (Nov. “Governments, financial institutions, businesses and consumers are all reaping the benefits the ACH network provides.”. Direct deposit for payroll and other consumer disbursements represented the largest number of transactions at close to 1.7

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Today In Payments: China’s Ant IPO Suspension Likely Came From The Top; LendingClub Q3 Loan Volume Snaps Back

PYMNTS

Plus, Uber reports earnings tonight (Nov. LendingClub, the country’s top provider of personal loans, said in earnings results Wednesday (Nov. Uber is set to report third-quarter earnings Thursday (Nov. US Private Payroll Numbers Miss Projections. 5), after scoring a big win in California over gig worker status.

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Five At Five: Uber’s New Loyalty Rewards Push

PYMNTS

Today’s coverage includes the latest loyalty idea from Uber, and Square’s payroll push. Square Bolsters Payroll Platform With Benefits Solutions. Square Bolsters Payroll Platform With Benefits Solutions. Walmart has a new delivery program, BigCommerce gets bigger in payment options and Google boosts enterprise analytics.

Payroll 51
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Dine-In Restaurant Stocks Rally On Vaccine News, But Food Aggregators And Pizza Chains Sink

PYMNTS

News on Monday (Nov. 9) that Pfizer’s experimental COVID-19 vaccine has delivered a preliminary 90 percent success rate sent consumers’ hopes soaring, fueling a rally in stocks of dine-in restaurants and other companies linked to how we used to live. Such a divergent market reaction jibes with PYMNTS’ consumer research.

Caps 101
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Brazil Upgrades Real Time Payments Rails, Goes Live With PIX

PYMNTS

It will be fully operational starting Monday (Nov. It takes consumer data to make PIX work. He said existing instruments will have to live together to allow consumers to decide what works best for them. The country’s banking system is giving an upgrade to its instant payments system. PIX has advantages over SITRAF.

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Inside A Busy First Month For Same Day ACH Payments

PYMNTS

NACHA, the payments association behind the ACH Network, said Tuesday (Nov. In reference to use cases, emergency payroll stands out as a significant slice of the initial ACH faster payments, with the direct deposit category coming in at 49 percent of volume, or 1.9 If you build it, they will come. And pay the very same day. 15) that 3.8

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EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks

PYMNTS

When consumers are offered the option of receiving instant payment, they tend to accept it gladly. Research shows that 90 percent of consumers think getting paid faster is better than getting paid more slowly. We are hearing from corporations like insurance companies; they want to enable what consumers want in an easy, seamless way.