Pay By Bank

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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PayPoint Offers Pay by Bank to UK Energy Customers
PayPoint Offers Pay by Bank to UK Energy Customers
September 11, 2023  |  Payment Methods

Digital payments firm PayPoint is offering a new pay-by-bank service. The British company said in a Monday (Sept. 11) press release that it has become...

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The Rise of Real-Time Payments and the Future of Pay-by-Bank
The Rise of Real-Time Payments and the Future of Pay-by-Bank
September 08, 2023  |  Real-Time Payments

In recent years, the global financial landscape has witnessed a significant rise in real-time payments, a payment method that, among other things, allows for immediate...

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BNY Mellon Teams With Trustly to Launch ‘Bankify’
BNY Mellon Teams With Trustly to Launch ‘Bankify’
September 07, 2023  |  Partnerships

BNY Mellon has teamed with payments company Trustly to launch Bankify, an open banking payments solution. Bankify helps “organizations receive consumer payments from bank accounts, with a seamless user...

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Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
Lack of Rewards Don’t Deter Consumers From Using Bank Account to Pay
September 04, 2023  |  Payment Methods

Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or...

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Cost of Payments Acceptance Is Top of Mind for Merchants
Cost of Payments Acceptance Is Top of Mind for Merchants
August 23, 2023  |  Digital Payments

Merchants have much on their minds when they interact with Link Money, CEO Eric Shoykhet told PYMNTS. “Cost of payments acceptance — that’s the main focus,” he said....

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Most Bridge Millennials Would Pay via Bank Transfer If Offered Rewards 
Most Bridge Millennials Would Pay via Bank Transfer If Offered Rewards 
August 17, 2023  |  Digital Payments

The majority of bridge millennials would pay for retail purchases via bank transfer if they could earn rewards for doing so, PYMNTS research reveals, but...

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