i2c News and Reports

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal. ...

As consumers save for big purchases, Gen Z is proving to be the only generation that would rather save up for an object they will get to keep than an ...

Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks of all sizes were already on ...

Generation Z consumers, those often digitally savvy 18- to 25-year-olds, have emerged as an important target market for financial institutions (FIs) seeking to expand their customer base. One way FIs hope ...

While the vast majority of consumers are highly satisfied with their buy now, pay later (BNPL) experiences, PYMNTS Intelligence research finds that many Gen Z users believe that there is ...

One of the biggest fraud threats facing enterprises is also one of the oldest. And it, unlike the rise of artificial intelligence (AI)-driven attacks, comes from within their own company walls. That’s ...

Many buy now, pay later (BNPL) users alter their purchasing when the payment method is not available, with PYMNTS Intelligence research revealing that millennials are disproportionately likely to trade down ...

Adapting to the evolving preferences of the increasingly influential young consumer demographic has ushered in a transformative era for financial institutions (FIs), challenging the conventional approaches to fostering loyalty. Take credit ...

Generation Z has emerged as a pivotal demographic for financial institutions (FIs), even as they challenge traditional loyalty strategies. The generation, whose adult members are 18 to 25 years old, ...

i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking products. With this five-year partnership, TBOM, a community bank with digital banking initiatives, will leverage i2c’s ...

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. ...

Buy now, pay later (BNPL) has gone mainstream. So much so that if businesses don’t provide this payment option, they might lose out on sales at checkout. This is especially ...

Nearly a quarter of British buy now, pay later (BNPL) users have been charged late fees. These fees for late repayments hit younger consumers the hardest, the Financial Times (FT) reported Tuesday ...

Just a few years ago, buy now, pay later was a relatively new concept — one that’s now gone mainstream, Jacqueline White, president of i2c, told Karen Webster. In 2024, BNPL ...

The younger the consumer, the less likely they are to use credit cards. Only 42% of Generation Z consumers and 62% of millennials said they used a credit card in the ...

Where a business spends money tends to define its go-forward strategy. But often where enterprise spend disappears to is opaque, with some departments sending checks to their vendors, others using electronic ...

Nothing is harder to break than an established habit. But even the most entrenched behaviors often shift or evolve. Just look at the movement of money, which has undergone many transmutations ...

Serena Smith, chief client officer at i2c, told PYMNTS that the shift to faster payments and open banking will spur financial institutions to take a close look at their technology ...

The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. ...

Despite economic uncertainty and financial concerns, Americans have chosen to prioritize travel over savings this year. This trend applies to all generations, but it’s Gen X and millennial consumers who ...

Banking and payments solutions provider i2c has announced the expansion of its partnership with Payfare, a global FinTech company, to enhance financial access and empower gig workers. This move will enable Payfare ...

Baby boomers and seniors — consumers born before 1965 — were the first generations to have access to credit cards, back to the 1960s and ‘70s. That is the reason ...

Jacqueline White, president at i2c, told PYMNTS in a recent interview that “what’s next” in payments may be determined by demographics. Among the overarching trends dominating the last year of payments innovations ...

In today’s corporate landscape, as companies navigate the challenges of hybrid work arrangements and business travel, the demand for virtual cards has surged. These innovative payment solutions offer a range ...

As the holiday season and festivities draw near, consumers, particularly those living paycheck to paycheck, are bracing themselves for the added financial stress that accompanies this time of year. As noted ...

Summer’s over. Beach getaways are a thing of the past. And now the holidays approach. Jacqueline White, president at i2c, and Ray Chalub, COO of Inter & Co., told PYMNTS that the ...

Payments platform Thredd has named Visa and i2C veteran Jim McCarthy as its CEO. McCarthy, who joined the London-based company earlier this year, will replace Kevin Schultz, who is set to ...

Peru’s Banco de Credito (BCP), has joined forces with digital banking and payments solutions provider i2c Inc. to introduce the digital banking platform, iO, the companies said Tuesday (Oct. 17). Leveraging ...

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as virtual cards, in the business-to-business ...

Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this summer than last, and personal ...

Serena Smith, chief client officer at i2c, told PYMNTS in a recent interview that although digital innovations in banking have come a long way in just a few short years, ...

Americans credit card payment delinquencies are starting to pile up.   Per the latest Federal Reserve report, credit card balances rose past $1 trillion for the first time in the survey’s history.  But ...

Every workflow will eventually be disrupted — or digitized — over a long enough horizon. After all, nothing is perfect. Any process can be improved by a business that knows ...

The promise of artificial intelligence (AI) is best achieved at scale. That’s why it should be no surprise that JPMorgan Chase, the largest bank in the U.S. as well as the ...

On the one hand, firms don’t know what they don’t know. On the other, many believe that large language model-powered generative artificial intelligence (AI) tools might just know everything. After all, business ...

When it comes to generative artificial intelligence (AI), it isn’t the sky that is falling. It’s the operational landscape that’s being reshaped. That’s because AI doesn’t replace labor, according to some business ...

Consumer credit grew at a seasonally adjusted rate of 5.7% in April. Revolving credit increased at an annual rate of 13.1% during the month, while nonrevolving credit grew at an annual ...

Today’s challenging macro environment requires organizations, and their CFOs, to be both nimble and intelligent. That’s because unpredictable market conditions have made it essential for finance leaders to be prepared for every eventuality, ...

Artificial intelligence (AI) may not be as mysterious as people think — but it is as pervasive. What generative AI capabilities have done, i2c CEO and chairman Amir Wain tells PYMNTS, is “brought in another ...