Paul Diegelman, VP of business development & partnerships at Fiserv, says that the story of bringing B2C digital disbursements to corporates at the financial services company started four years ago
Visa announced news of a global partnership with Marqeta, the open API issuer/processor platform that they’ve been working with over the past two years, that will now expand the universe of use cases for the instant issuance of physical, virtual and tokenized payments.
Will disbursement tools shift insurance innovation into overdrive or hit a roadblock? Allstate’s cash and banking director Lynn Cirrincione discusses why the risk-averse insurance industry is ready to invest in new payment solutions.
The good news is that Same Day ACH is on the way, but experts continue to discuss how the initiative will impact corporate payments, if at all. At the center of many of these discussions is the issue of ACH underwriting, which sees FIs establish how long it takes for funds to actually settle into an account.
NACHA’s Bill Sullivan gave the recap to PYMNTS CEO Karen Webster. As always, Sullivan said, the event was popular for NACHA’s member institutions, since its outcomes directly affect every large, medium, or small bank and credit union in the nation.
PYMNTS Disbursement Tracker, powered by Ingo Money, highlights the notable disbursement news and developments and a directory of 45 providers — including 10 new additions — from around the digital Disbursements space.
The Federal Reserve Faster Payments Task Force released its 64-page report outlining ten recommendations for making payments in the U.S. faster, ubiquitous, safer and interoperable. Three hundred people put a lot of hard work into creating a framework for payments that Karen Webster said in principle sounds not all that different than what we have in place today. With one exception — it comes with the Fed having a seat at the table — and maybe even the seat. So why again, do we need an entirely new payments system run by the regulator whose last innovation was …..? Webster says we probably don’t.
Between lost luggage, bad weather and guys getting dragged off planes, there’s plenty that can go wrong with vacation plans. PYMNTS checks in with Joe Mason, Allianz Global Assistance’s chief marketing officer, about how disbursement solutions help exasperated travelers correct course on disrupted vacation plans.
Drew Edwards, CEO of Ingo Money, highlights ways companies can use push payments to help employees get more of what they earn, faster while significantly trimming their back-end check-writing costs and operations.
Ingo Money’s CEO Drew Edwards spoke with PYMNTS about the demand lenders face not only to fast-track approvals, but also to push payments into the accounts of borrowers — regardless of account type.
Between the paper checks that many employers still use to pay staff, and the controversy over payroll cards and the fees they can incur, the payroll industry may be at the cusp of some much-needed innovation.
There’s no disputing that the pace of innovation in consumer payments over the last several years has been quick and its reach broad. There’s been an abundance of innovation in where consumers shop, what they use to pay when they buy and the devices they use to enable those payments.
Ingo Money CEO, Drew Edwards, told PYMNTS’ Karen Webster that the age of getting paid on demand — with choices in where you want it and when you want it — may be dawning.
Klarna Bank, the Swedish fintech announced Tuesday (August 1) the release of a free peer-to-peer (P2P) payment service dubbed Wavy, which enables people to send and request money in a secure, fast and easy way.
Drew Edwards, CEO of Ingo Money, recently joined PYMNTS to share why meeting the customer’s need for instant, guaranteed funds is so critical to the payments industry.