Bank Payments news and trends

Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
Digital Payments // February 26, 2024

Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S....

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

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 substantial investments in North America, including obtaining a U.S. Branch License and establishing local tech hubs. By combining these investments...

GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
Payment Methods // February 08, 2023

GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’ platforms while enabling them to keep control of the customer experience, GoCardless said in a...

HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
Banking // December 02, 2019

HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed to comply with new regulations that requires financial institutions to text customers when their accounts are close to running out...

Interviews & Exclusives
Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank

February 26, 2024
Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S. consumers to discover how they engage with A2A payment options. […]

The Rise Of Payments Laundering

April 18, 2017
Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both get paid and elude the...

Quick Reads
GoCardless Aims to Acquire Nuapay, Add Disbursement Capabilities

March 15, 2024
Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company from EML Payments Limited, in a deal that is subject to regulatory approvals, the companies said in a Friday (March 15) press release. “Nuapay […]

Adyen and Plaid Partner on Pay-by-Bank Offering in North America

November 02, 2023
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 substantial investments in North America,...

GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments

February 08, 2023
GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’...

HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers

December 02, 2019
HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed to comply with new regulations...