Truist posted second-quarter results that show continued adoption of digital channels for mobile banking — and a stabilizing of deposit flight seen earlier in the...
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true...
The European Payments Initiative says its vision of a unified payment system is closer to reality. The EPI plans to launch a pilot of a person-to-person instant...
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...
“Consumer behavior has a tendency to be very durable.” David Schneider, president of PULSE®, part of Discover® Global Network, acknowledged to Karen Webster that we’ve...
The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.” PayPal may prove to be a...
For banks, reimbursing victims of Zelle-related fraud is only a partial solution. It’s a retroactive redress. But to really address the issue, financial institutions (FIs) will...
Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire...
Digital payments network Zelle has been in a lot of hot water lately over alleged fraudulent transactions and the blame game. While there’s no resolution,...