Pay By Bank

Consumers Choose Pay-by-Bank Payments for Lower Fees
Consumers Choose Pay-by-Bank Payments for Lower Fees
February 21, 2024  |  Payment Methods

Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...

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FIS and Banked Team to Widen Pay-by-Bank Usage
FIS and Banked Team to Widen Pay-by-Bank Usage
February 14, 2024  |  Payment Methods

Financial technology firm FIS has formed a partnership with opening banking provider Banked. The collaboration is aimed at driving new pay-by-bank offerings for consumers and businesses, according to a Wednesday...

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Radial and Link Money Partner on Pay by Bank Offering
Radial and Link Money Partner on Pay by Bank Offering
February 13, 2024  |  Partnerships

eCommerce solutions firm Radial is partnering with open banking payment platform Link Money on a pay by bank tool for merchants. The tool uses Link Money’s proprietary artificial intelligence/machine...

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Plaid Names Cloudflare Vet Jen Taylor as Its First President
Plaid Names Cloudflare Vet Jen Taylor as Its First President
February 08, 2024  |  Personnel

Plaid has named its first president, the latest hire on the FinTech’s road to going public. Jen Taylor is joining the company after seven years as chief product officer...

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Trustly Integrates MX Data Enhancement Services Into Open Banking Products
Trustly Integrates MX Data Enhancement Services Into Open Banking Products
February 07, 2024  |  Data

Trustly has integrated MX Technologies’ data enhancement services into its open banking product suite. With consumer-permissioned transaction data that has been cleansed and categorized, Trustly merchants will...

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Plaid Says Pay by Bank Is Nearing a Tipping Point as Consumers Form New ‘Habits’
Plaid Says Pay by Bank Is Nearing a Tipping Point as Consumers Form New ‘Habits’
February 06, 2024  |  Payment Methods

Rahul Hampole, head of payments at Plaid, said pay by bank is gearing up for widespread adoption — but much depends on use cases that are...

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New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
February 02, 2024  |  Earnings

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of...

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Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
Nearly 40% of Consumers Say No to Pay-by-Bank Payments Even With Incentives
January 22, 2024  |  Payment Methods

Pay-by-bank payments, also known as account-to-account (A2A) payments, allow consumers to transfer funds between bank accounts in real time. These payments bypass traditional card networks...

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Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
January 19, 2024  |  Cross-border Payments

Cross-border money movement’s digital makeover rests with a variety of endpoints. More specifically, the more ways there are to send and receive, the more options...

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