Bank Transfer

Amex Picks Nuvei to Promote Bank Transfer Payments
Amex Picks Nuvei to Promote Bank Transfer Payments
November 02, 2023  |  Payment Methods

Nuvei has become the first acquirer to sell American Express’ open banking payment method. The collaboration, announced Thursday (Nov. 2), will see Nuvei promote Pay...

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Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
September 04, 2023  |  Payment Methods

Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or...

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Binance to Temporarily Suspend US Dollar Bank Transfers
Binance to Temporarily Suspend US Dollar Bank Transfers
February 06, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance will temporarily suspend U.S. dollar bank transfers beginning Wednesday (Feb. 8). The company announced the move in a Monday (Feb. 6) post...

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Augmenting Payment Rails To Drive Value For Business Users
Augmenting Payment Rails To Drive Value For Business Users
July 30, 2020  |  B2B Payments

As businesses large and small expand their payments technology adoption, financial service providers are seeking to augment an array of existing and new payment rails...

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Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics 365 Commerce
Top News In Payments: Amex To Debut Pay With Bank Transfer; Microsoft Rolls Out Dynamics...
September 24, 2019  |  News

Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched...

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Hong Kong’s New Faster Payment System Marred By Fraud Claims
Hong Kong’s New Faster Payment System Marred By Fraud Claims
October 26, 2018  |  B2B Payments

Hong Kong’s Faster Payments System (FSP) has only been live for a few weeks, but already it’s facing claims regarding allegations of fraudulent use. Reports...

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Zelle’s Growing Pains With Fraud
Zelle’s Growing Pains With Fraud
April 23, 2018  |  Security & Fraud

While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Zelle was created as the...

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Deutsche Bank Accidentally Sends $35B To Exchange
Deutsche Bank Accidentally Sends $35B To Exchange
April 19, 2018  |  Banking

Last month, Deutsche Bank AG mistakenly sent €28 billion ($35 billion) to an exchange. According to news from Bloomberg, a person familiar with the matter revealed...

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Venmo Puts Pause On Instant Transfers
Venmo Puts Pause On Instant Transfers
March 23, 2018  |  Mobile Payments

Venmo abruptly removed its instant money transfer feature on Wednesday, saying it needed to “make a few changes” to the service. According to The Verge,...

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