disbursements

FTC Lawsuits Resulted in $324 Million in Refunds in 2023
FTC Lawsuits Resulted in $324 Million in Refunds in 2023
June 21, 2024  |  Disbursements

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in refunds to consumers in 2023. That total includes money returned to consumers as a...

READ MORE >
Instant Refunds? Consumers Say They’ll Pay for That
Instant Refunds? Consumers Say They’ll Pay for That
June 21, 2024  |  Money Mobility

Overpayment disbursements are not the most common payouts nor the largest. In fact, just 7.1% of consumers report they received overpayment disbursements this year. The...

READ MORE >
Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
Instant Payments Could Be Incentive to Keep Truckers in Driver’s Seat
June 17, 2024  |  Real-Time Payments

If any U.S. consumers are wondering why their packages are late, the answer might be because there simply aren’t enough truck drivers manning 18-wheelers and...

READ MORE >
Where Instant Payments Is Headed — and Why
Where Instant Payments Is Headed — and Why
May 22, 2024  |  Faster Payments

Amid the hype about the FedNow® Service approaching its one-year mark, instant payments may finally be settling down into more grounded territory, specifically, liquidity, competitive advantage and the customer...

READ MORE >
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions
May 17, 2024  |  Disbursements

Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations. The companies’ new Disbursement Hub is designed to help financial institutions meet the...

READ MORE >
Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
May 02, 2024  |  Real-Time Payments

Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as...

READ MORE >
58% of Freelance and Contract Workers Would Pay to Get Paid Faster
58% of Freelance and Contract Workers Would Pay to Get Paid Faster
May 01, 2024  |  Disbursements

Nearly three-quarters of consumers want their disbursements paid to them instantly, but only one-third actually receive them instantly. Whether they are getting earnings, income payments,...

READ MORE >
46% of Instant Payment Skeptics Want Bank Info Hidden
46% of Instant Payment Skeptics Want Bank Info Hidden
April 16, 2024  |  Faster Payments

Whether it’s employee earnings, Social Security payments, tax refunds, insurance claim payouts, investment distributions or something else, most U.S. consumers now receive some type of...

READ MORE >
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
WSFS Bank Launches ‘Early Pay’ on Paychecks, Government Benefits
April 15, 2024  |  Disbursements

Wilmington, Delaware-based WSFS Bank has launched a new offering that lets customers receive eligible direct deposits from employers and recurring government benefits up to two days early....

READ MORE >