Push Payments/page/2 news and trends

Visa+ Gives Consumers Option to Send P2P Payments to Anyone
Payment Methods // April 11, 2023

We’ve all done this dance.   You want to send money to another person — you have a Venmo account, but they don’t. They have a PayPal account, but you don’t. Your bank is connected to the Zelle network, and they don’t know if theirs is...

Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
Real-Time Payments // February 07, 2023

The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens of millions of Americans going online to do so. This year could shatter records.  Over the...

Visa Explores Automatic Recurring Payments Via Blockchain
Blockchain // December 20, 2022

Visa is exploring ways to allow automatic recurring payments through a blockchain like Ethereum. Blockchain adoption is increasing but setting up automatic recurring payments is a challenge because some digital wallets require engineering work to allow pull payments, according to a technical paper posted on...

Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
Regulation // September 23, 2022

On Capitol Hill, by now the cast of characters — and the flash points — are familiar. The CEOs of the nation’s largest banks have, in a continuing series of appearances before House and Senate Committees, discussed their business models and in some cases have...

Interviews & Exclusives
What the US Can Learn From the UK About Push Payments Fraud

June 22, 2023
The U.K. banking industry is currently facing a new wave of regulations aimed at tackling push payment fraud. In an interview with Karen Webster, Form3 CEO Michael Mueller said new rules that establish guidelines to reimburse victims of push payment fraud underscore the depth of the problem — but don’t go far enough. “What’s effectively happening is that the […]

Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings

February 07, 2023
The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens...

The Push And Pull Of Real-Time Payments

October 10, 2019
With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role....

The Quick And Quiet Evolution Of Insurance Toward Instant Payments 

September 09, 2019
Hurricane Dorian may be officially over, but for those in the Southeastern United States and the Bahamas, the rebuild is just getting started. According to the experts, the damage Dorian left...

Quick Reads
Visa Explores Automatic Recurring Payments Via Blockchain

December 20, 2022
Visa is exploring ways to allow automatic recurring payments through a blockchain like Ethereum. Blockchain adoption is increasing but setting up automatic recurring payments is a challenge because some digital wallets require engineering work to allow pull payments, according to a technical paper posted on the Visa website. That’s a problem that needs solving, because […]

Wagestream Inks Visa Deal To Expand Offerings In Europe

August 03, 2020
Wagestream is teaming up with Visa to expand its offerings in Europe, a move that comes on the heels of a major injection of capital into the London-based FinTech. Wagestream...

KyckGlobal Teams With Visa Direct To Boost Push Payments For US Businesses

April 14, 2020
Atlanta-based KyckGlobal is working with Visa to boost the use of “push payments” to businesses. Push payments, which represent a growing market, typically bypass banks by sending payments directly to...

Visa, MFS Africa Team To Take Mobile Wallets Cross-Border

December 11, 2019
Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many things possible for consumers in...