Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?

WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
June 02, 2020  |  Partnerships / Acquisitions

The recession is upon us, and as consumers stash the cash, and wallets are walloped, a seismic shift may be brewing in the money transfer...

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Western Union: C2C Digital Transactions Hit 10-Year Record High For May
Western Union: C2C Digital Transactions Hit 10-Year Record High For May
June 02, 2020  |  Digital Payments

Western Union Co. said that while the payment platform saw transactions fall by 30 percent at the peak of the coronavirus pandemic in March and...

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Why WSFS Bank Is Relying On QR Codes, Mobile Messaging To Enhance Customer Loyalty
Why WSFS Bank Is Relying On QR Codes, Mobile Messaging To Enhance Customer Loyalty
June 02, 2020  |  Digital Payments

The COVID-19 pandemic is leading consumers to embrace digital banking, with community banks reporting double-digit percentage growth in online account openings. Lisa Brubaker, chief technology...

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Retailers Seek New Digital Places To Meet Consumers As Spending Patterns Change
Retailers Seek New Digital Places To Meet Consumers As Spending Patterns Change
June 02, 2020  |  Buy Now Pay Later

The past several months have been largely defined in the retail world by merchants and brands making quick digital pivots to stay afloat in an...

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The Machine Learning Fix For Healthcare Disbursement Delays
The Machine Learning Fix For Healthcare Disbursement Delays
June 02, 2020  |  Disbursements

Financial institutions (FIs), businesses and healthcare providers are adjusting their operations to suit the new reality that the COVID-19 pandemic has caused. Healthcare provideers, for...

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FIS On Digital Payments – And The ‘Horse Race’ Between Debit And Credit
FIS On Digital Payments – And The ‘Horse Race’ Between Debit And Credit
June 02, 2020  |  Digital Payments

As consumers become used to, and increasingly embrace, life lived digitally, financial institutions (FIs) of all sizes must prepare for seismic shifts in how customers...

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Why Financial Literacy Is A Lesson So Hard For Americans To Learn
Why Financial Literacy Is A Lesson So Hard For Americans To Learn
June 01, 2020  |  Digital-First Banking

Americans are known the world over for many things, but financial literacy isn’t one of them. We’re not known for being a nation of expert money...

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Is The Old-Fashioned Carhop About To Make A Comeback?
Is The Old-Fashioned Carhop About To Make A Comeback?
June 01, 2020  |  Coronavirus

Carhops and drive-in restaurants are classic parts of the American dining experience immortalized by George Lucas’s 1973 debut film “American Graffiti,” although the carhop was...

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The Rise Of Card-On-File Commerce
The Rise Of Card-On-File Commerce
June 01, 2020  |  Payments Innovation

Gas stations are encouraging it. Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Fitness clubs have been...

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