After credit and debit, what is the most popular method for paying bills? If you guessed pay by bank transfers, you’d be correct. According to the study “New Payment Options: Building Stronger Customer Ties With Pay By Bank Transfer,” a PYMNTS and Nuvei collaboration, online bank transfers...
FinTech startup Plaid is planning to unveil a new payments program on Thursday (Oct. 21) that will facilitate digital payments funded by users’ bank accounts, The Wall Street Journal reported. An authentication gateway and data provider for users, Plaid’s software tokenizes the ACH process. Plaid...
There’s no single path to payments infrastructure innovation. This week’s examination of the latest initiatives to target B2B payments friction from the ground up finds a mix of strategies. For some, like Currencycloud and Steamchain, the path involves bypassing legacy payment rails and embracing blockchain....
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according to a report. The MNB described the immediate payment is “cash without cash,” and said it’s a helpful and competitive...
March 19, 2024
Open banking payments appeal to consumers. Nearly half of respondents in PYMNTS Intelligence’s latest study are highly willing to use them for at least one type of expense, including monthly bills, groceries or subscriptions. These payments offer a secure and convenient way to pay merchants and service providers directly from their bank accounts. Younger consumers […]
November 01, 2018
In B2B payments, the tipping point looms — away from checks and toward payments done electronically. At least, if the tipping point is not here yet, then we are tipping rapidly toward the...
October 21, 2021
FinTech startup Plaid is planning to unveil a new payments program on Thursday (Oct. 21) that will facilitate digital payments funded by users’ bank accounts, The Wall Street Journal reported. An authentication gateway and data provider for users, Plaid’s software tokenizes the ACH process. Plaid makes it easier for individuals to grant permission for banks […]
March 04, 2020
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according to a report. The MNB...
September 20, 2018
PPRO Group, a U.K. cross-border ePayment provider, announced a partnership with Credorax to boost its Alternative Payment Methods (APMs) offerings throughout Europe. Credorax is one of the first technology companies in...
July 09, 2018
One97 Communications, the company that owns Paytm, the payment app, has reportedly breached the $4 billion in monthly gross transaction value. According to a report in Livemint, citing Paytm, the...
