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.

Faster Payments 78

Faster Payments Real Time Payments Same Day ACH Payments 78

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.

Faster Payments 60

Faster Payments Economy Real Time Payments Online and Mobile Banking 60

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 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.

B2B 76

B2B Same Day ACH Payments ACH 76

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.

Payroll 56

Payroll FBI ACH Same Day ACH 56

PYMNTS

FEBRUARY 22, 2017

That same month, the company introduced Notifi , an alert system that aggregates information across financial institutions to give customers alerts on a single platform. Those alerts can be low balances or suspicious card activity, for instance, and can be sent via test message, email or push notification in mobile banking apps.

NACHA 51

NACHA Same Day ACH ACH Innovation 51

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? Well, they’re still entrenched in the corporate world, as roughly 50 percent of payments from business are completed through checks. Not bad, but there is room for improvement.

Financial Crimes 65

Financial Crimes B2B Real Time Payments Crime 65