PYMNTS

FEBRUARY 11, 2019

Might the state of faster payments be described as “conflicted?”. Stateside, more recently, the Federal Reserve has thrown its hat in the ring, seeking commentary over real-time payments, with support already from Google and Amazon , as documented in this space. may be perceived as being a bit behind the demand of consumers.

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PYMNTS

OCTOBER 11, 2018

Workers want faster payments and don’t want to be paid via direct deposit. Three quarters — 75 percent — of college-age consumers prefer to interact with mobile banking apps. To serve millennials and other consumers, Wells Fargo launched a mobile banking app called Greenhouse by Wells Fargo last year.

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PYMNTS

JULY 7, 2017

Big changes are coming to the faster payments landscape. The July PYMNTS.com Faster Payments Tracker™, powered by NACHA, highlights notable developments from across the faster payments landscape, including the debut of Early Warning System’s Zelle Network and how P2P payments could soon be distributed using voice commands.

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PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system.

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PYMNTS

SEPTEMBER 21, 2018

Mobile malware is on the upswing, said the report, targeting mobile banking. In Europe, especially, nations must be on the lookout for payment card fraud. In addition, said Europol, instant payments reduce the time financial institutions (FIs) have to intervene in a transaction and may challenge detection.

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PYMNTS

OCTOBER 8, 2018

launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s P2P has made it possible for accountholders to transfer money using only their mobile phone number to do so — and do it safely. s footsteps.

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PYMNTS

OCTOBER 5, 2017

Traditional financial institutions appear to be recognizing that the arrival of these startup FinTechs has made the faster payments landscape more competitive – and they appear ready to go on the offense. Zelle claims its service has the potential to reach 86 million consumers using participating banks’ mobile apps.

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