instant payments

Lower Wages and Lack of Savings Drive Gen Z’s Increasing Reliance on Instant Payouts

Lower Wages and Lack of Savings Drive Gen Z’s Increasing Reliance on Instant Payouts
Lower Wages and Lack of Savings Drive Gen Z’s Increasing Reliance on Instant Payouts
November 21, 2023  |  Disbursements

Disbursements, which include various types of payments such as earnings, tax refunds, insurance claim payments, and loan disbursements, play a crucial role in consumers’ financial...

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Nearly 40% of FinTechs Offer Mobile Check Deposit but Only 12% of Consumers Use It
Nearly 40% of FinTechs Offer Mobile Check Deposit but Only 12% of Consumers Use It
November 21, 2023  |  Digital Banking

FinTechs have emerged as disruptors in the financial industry, offering consumers a wide range of services.  Get the Full Story Complete the form to unlock...

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Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. Get...

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Businesses Shift From Paper Checks With Help From AI and Faster Payments
Businesses Shift From Paper Checks With Help From AI and Faster Payments
November 17, 2023  |  B2B Payments

Drew Edwards, CEO of Ingo Money, told PYMNTS in a recent interview the landscape for business transactions is rapidly changing. Get the Full Story Complete...

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Collaboration Creates Network Effects That Transform B2B Payments
Collaboration Creates Network Effects That Transform B2B Payments
November 17, 2023  |  B2B Payments

Innovation in payments is a continuum, with incremental to transformational — and even disruptive — results. Get the Full Story Complete the form to unlock...

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One of the Biggest Innovations in B2B Payments Starts With an ‘A’
One of the Biggest Innovations in B2B Payments Starts With an ‘A’
November 17, 2023  |  B2B Payments

Innovation in B2B payments can have an outsized impact on the global economy. Get the Full Story Complete the form to unlock this article and...

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One Inc and J.P. Morgan Payments Partner to Simplify Claims Experience
One Inc and J.P. Morgan Payments Partner to Simplify Claims Experience
November 16, 2023  |  Insurance

One Inc, a digital payments network serving the insurance sector, has partnered with J.P. Morgan Payments to further digitize and enhance property and casualty (P&C)...

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FedNow Service Gets New Leadership at Federal Reserve Bank of Boston
FedNow Service Gets New Leadership at Federal Reserve Bank of Boston
November 15, 2023  |  Personnel

The Federal Reserve Bank of Boston has announced the promotions of two FedNow® Service executives to senior leadership positions within the organization. Get the Full Story Complete the form to...

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Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023  |  Faster Payments

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular...

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