Pay By Bank

1 in 3 Consumers Would Use Online Bank Transfers for Rewards
1 in 3 Consumers Would Use Online Bank Transfers for Rewards
November 10, 2023  |  Loyalty & Rewards

Online bank transfers, also known as pay-by-bank transfers, can be used to pay recurring bills and are the third most frequently used for this purpose...

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Adyen and Plaid Partner on Pay-by-Bank Offering in North America
Adyen and Plaid Partner on Pay-by-Bank Offering in North America
November 02, 2023  |  Partnerships

Global financial technology platform Adyen has partnered with digital finance firm Plaid to introduce Pay-by-Bank services in North America in early 2024. Adyen has made...

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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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Payment Networks and Alternative Rails Pave the Path for Pay-by-Bank Adoption 
Payment Networks and Alternative Rails Pave the Path for Pay-by-Bank Adoption 
October 30, 2023  |  Payment Methods

The Bard penned it best about payments, and specifically pay-by-bank: “If it be not now, yet it will come: the readiness is all.” In reality,...

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Will Consumers Fan the Flames of Pay-by-Bank Demand?
Will Consumers Fan the Flames of Pay-by-Bank Demand?
October 25, 2023  |  Payment Methods

The drumbeat of recent announcements shows more merchants lining up to offer pay-by-bank options. But it will be consumers who provide the momentum — and...

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JPMorgan and Mastercard Pay-by-Bank Tool Goes Live
JPMorgan and Mastercard Pay-by-Bank Tool Goes Live
October 20, 2023  |  Payment Methods

JPMorgan Chase says its Mastercard-powered pay-by-bank tool has officially gone live. The offering, which combines Mastercard’s open banking technology and J.P. Morgan Payments’ ACH capabilities, lets merchants...

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Brite Raises $60 Million to Expand Instant Payments
Brite Raises $60 Million to Expand Instant Payments
October 04, 2023  |  Investments

Swedish FinTech Brite Payments has raised $60 million to expand its instant payment offering. The funding round, announced Wednesday (Oct. 4), was led by Dawn Capital along with a...

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Europe Offers Lessons for Open Banking’s US Merchant Payments Path
Europe Offers Lessons for Open Banking’s US Merchant Payments Path
October 02, 2023  |  Payment Methods

According to Link Money CEO Eric Shoykhet, open banking in the United States is taking shape but needs some education in the mix to reach...

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Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
Real-Time Payments Pave Way for Further Adoption of Platform-as-a-Service Models
September 12, 2023  |  Payment Methods

Steve Cook, chief technology officer at Form3, said in an interview with PYMNTS that the Platform-as-a-Service model is seeing a tailwind from the rise of...

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