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.

Community Banks 46

Community Banks Faster Payments Innovation Same Day ACH 46

PYMNTS

OCTOBER 20, 2020

In an interview with PYMNTS, Scott Young , VP of Innovation at PSCU , noted that in the changing consumer environment, digital and mobile banking are “table stakes,” but credit unions (CUs) must be conscious of how member payment preferences are evolving. More Comfort Online . Stepping Up On Credit .

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Debit Card 107

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. One of the biggest impacts of mobile-based services will be the shift from weekly or monthly processes to operating in real time. .

Online and Mobile Banking 67

Online and Mobile Banking FinTech Small Business Payment APIs and Integration 67

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

PYMNTS

NOVEMBER 26, 2020

The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform. Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account.

Irrevocability 91

Irrevocability Online and Mobile Banking Payments NOV 91

PYMNTS

AUGUST 1, 2018

s Faster Payments Scheme launched in 2008. It was the country’s first new payment system in two decades, and just one-third of U.K. consumers had used online banking at the time. Faster Consumer Expectations. The real-time payment rail was designed for interbank payments, after all.

Faster Payments 40

Faster Payments Real Time Payments Payments Online and Mobile Banking 40

PYMNTS

APRIL 15, 2019

Coverage includes the tie-up of Rapyd and OCBC Bank for real-time payments for shoppers in Singapore as well as online retailers. FinTech provider Rapyd is teaming up with OCBC Bank to provide Singapore shoppers as well as eCommerce retailers with real-time bank payments, Rapyd said in an announcement.

RTP 43

RTP Online and Mobile Banking Point-of-Sale (POS) Real Time Payments 43

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Mobile Banking Volume 52

PYMNTS

JUNE 7, 2017

The latest Expectations & Experiences consumer trends survey from Fiserv , a leading global provider of financial services technology solutions, finds that consumers are paying more bills from mobile devices while slowly starting to venture into digital wallets.

Consumer 46

Consumer Online and Mobile Banking Debit Card P2P 46

PYMNTS

JULY 31, 2017

A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The research, published last week, found that there are more aspects to small business banking than borrowing money that are frustrating SME customers.

Small Business 45

Small Business Online and Mobile Banking Community Banks Non-Bank 45

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Pay by Bank app (PbBa) — created by Vocalink, a Mastercard company — leverages the U.K.’s

Visa 46

Visa Online and Mobile Banking ATM Faster Payments 46

PYMNTS

MARCH 9, 2016

The tech giants in the P2P payments space are about to get competition from six top U.S. Early Warning , a real-time payments, authentication and risk mitigation solutions provider, announced today (March 9) that Bank of America is now live in processing real-time P2P transactions through Early Warning’s clearXchange network.

P2P 40

P2P Real Time Payments Online and Mobile Banking Faster Payments 40

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. Adoption of digital payment technologies is poised to grow significantly among U.K.

Payments 72

Payments Online and Mobile Banking Regulations Faster Payments 72

Segpay

JUNE 25, 2024

Pay by Bank transactions – also known as Bank Transfers, A2A, or Direct Bank Payments – are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through Open Banking.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

FEBRUARY 5, 2020

Indian payments app provider PayNearby is also relying on APIs to cater to SMBs. The company recently integrated with lender SBM Bank to provide small enterprises with mobile banking solutions via the PayNearby platforms. Australian SMBs may also be getting better banking experiences. About The Tracker.

API 78

API B2B Payment APIs and Integration Online and Mobile Banking 78

PYMNTS

SEPTEMBER 21, 2018

In an alert issued this week, the IC3 said it has received complaints that cybercriminals are targeting the online payroll accounts of various employees across several verticals, most notably education, healthcare and commercial aviation. Mobile malware is on the upswing, said the report, targeting mobile banking.

Payroll 56

Payroll FBI ACH Same Day ACH 56

PYMNTS

SEPTEMBER 29, 2017

For consumers looking for mobile banking options, there’s no shortage of solutions available in digital download stores alone. based, startup, digital and mobile financial firm Starling Bank, the answer has often involved trying to stay ahead in the crowded digital banking race. Pushing forward on partnerships .

Payment APIs and Integration 46

Payment APIs and Integration Online and Mobile Banking Faster Payments Cross-Border 46

PYMNTS

AUGUST 21, 2018

Less than a year after going live on The Clearing House ‘s Real-Time Payments (RTP) network, PNC is now linking corporate customers of PNC Treasury Management to RTP capabilities. In a statement at the time, Ward said faster payment technologies “are creating opportunities for banks and clients to reimagine our business models.”

Real Time Payments 40

Real Time Payments RTP Treasury Management Online and Mobile Banking 40

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 Topic Two: Banks — sure, they’re boring as all get out, but they are innovating. It may have started in 2007 when the U.K. s footsteps.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

FEBRUARY 13, 2018

Three of Australia’s four largest banks have rolled out real-time payments capabilities as the government launches a widespread inquiry into the financial services sector. 13) local time said Commonwealth Bank, Westpac and National Australia Bank (NAB) have begun to offer their customers real-time payments services.

Real Time Payments 40

Real Time Payments Government Governance Faster Payments 40

PYMNTS

APRIL 1, 2019

They want to know their money is secure, they want to have a positive experience whether they are online or talking to a teller, and when things go wrong from time to time, they want to know the path to getting them set back to rights is short and straight. “It According to this survey of credit union customers, an overwhelming 81.3

Credit Union 56

Credit Union Innovation Online and Mobile Banking FinTech 56

PYMNTS

OCTOBER 7, 2019

Bitcoin, Libra, instant payments, Open Banking — these were the big subjects on repeat last week, Dobbie told Webster. They log in to the biller’s site or banking apps, and arrange payment via a direct debit. has increased exponentially in the 10-plus years this has been online in the U.K.

Instant Payments 67

Instant Payments Real Time Payments Payments RTP 67

PYMNTS

DECEMBER 24, 2018

Device biometrics can examine, monitor and answer some key questions: “How do you hold your phone when you are logging into a mobile banking app? Other tech, he said, can offer arrows in the anti-fraud quiver, too. What speed or pressure are you typing with on your screen? The friction that exists, though, merits some attention.

Financial Crimes 65

Financial Crimes B2B Real Time Payments Crime 65

PYMNTS

MARCH 1, 2018

That includes Mastercard, which just rolled out a new payment solution for freelancers. The company’s recently launched Inclusive Futures Project is intended to offer faster payment capabilities to gig workers, small and medium-sized businesses (SMBs) and entrepreneurs.

Push-to-Card 40

Push-to-Card Financial Literacy Credit Cards Online and Mobile Banking 40

FICO

MAY 19, 2020

Banks need to ensure that any suspicious activities on their accounts can be confirmed with them quickly and efficiently and that if they do fall victims, that the situation is managed quickly to minimize the impact on their lives. Retail Banking Channels. FICO Digital Banking Study: Customer Experience and Fraud Protection.

Account Takeovers 52

Account Takeovers Identity Theft Scams Financial Crimes 52