Not only are faster payment tools bringing helping to exchange funds at a quicker pace, but these solutions are also transforming the certain aspects of the gig economy and spurring investments in new payment infrastructures. Get the Full Story Complete the form to unlock this article...
The United Kingdom’s Payments Systems Regulator (PSR), along with the Bank of England, said Thursday that they’d agreed to a framework that would govern consolidation of the Cheque and Credit Clearing Company and the Faster Payments Scheme and Bacs. Get the Full Story Complete the...
While P2P transactions are gaining popularity, can they address the age-old discomfort of splitting bills among friends? For the latest issue of the Faster Payments Tracker™, PYMNTS caught up with Venmo’s COO Mike Vaughan about some of the “awkwardness of money” that P2P can create,...
While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that make it easier to ask your friends or co-workers to cough up the cash when you pick up the tab...
NACHA said Wednesday that it is launching what is being billed as the Mutual of Omaha Bank Corporate Learning Center. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Thankfully, those turn of the century Y2K doomsday scenarios were a big fizzle, but there were still lessons to be learned. For the April Faster Payments Tracker™, PYMNTS spoke with Joe Casali of the New England Accelerated Clearing House (NEACH) about how the lessons learned...
Faster payment solutions are continuing their rise and are promising to change the way banks and other financial institutions conduct business. But as the exchange of money gets faster, the rules for banks are changing and some institutions may need help keeping up to speed....
It takes more than just having the latest technology or an innovative idea to make faster payments work. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The push for faster payments is happening around the globe, but the U.S. can look no further than our neighbors to the north for an example of how faster payments are being put to work both efficiently and seamlessly. Mark O’Connell, CEO of Interac Association/Acxsys...
