article thumbnail

Jack Henry, Visa see escalating FedNow volume

Payments Dive

While the Federal Reserve won’t specify payments volume on the new instant system, executives from certified service providers Visa and Jack Henry said they’re seeing an increase.

Volume 167
article thumbnail

Visa debit card volume growth keeps sliding

Payments Dive

The card network behemoth’s latest earnings report showed a contraction in card volume growth during the first three months of the year, and into April.

Volume 154
article thumbnail

Stripe reports payments volume increase

Payments Dive

The digital payments company processed $1 trillion in total payments volume last year, according to its annual letter released Wednesday.

Volume 97
article thumbnail

Total Processing Volume (TPV): Why It Matters

Basis Theory

Total processing volume (also known as total payment volume , or TPV) is the sum of all payments passed through a specific payment processor over a given period of time for a business.

Volume 88
article thumbnail

DBS’ Crypto Arm Reports Tripling Trading Volume, Explores Stablecoin Listings

Fintech News

DBS Digital Exchange (DDEx) has experienced significant growth in the first five months of 2024, with the trading volume of digital payment tokens nearly tripling compared to the same period in 2023. The number of active trading clients increased by 36%, and digital assets held by DBS surged by over 80%.

article thumbnail

Zelle transaction volume jumps

Payments Dive

Second-quarter transaction volume at the bank-owned peer-to-peer payments app rose 10% over the first quarter, parent Early Warning Services said.

Volume 88
article thumbnail

Bank card spending volume slows

Payments Dive

The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

Volume 97