Bank Payments news and trends

61% of Millennials Want Real-Time Payments in Finance and Insurance
Real-Time Payments // October 15, 2024

As the financial and insurance sectors evolve, the demand for swift and accurate payment systems has never been more pronounced. Legacy systems often need to improve, resulting in delays and errors that can damage customer loyalty and business viability. A PYMNTS Intelligence Report, Fast-Tracking Funds:...

GoCardless Aims to Acquire Nuapay, Add Disbursement Capabilities
Acquisitions // March 15, 2024

Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company from EML Payments Limited, in a deal that is subject to regulatory approvals, the...

Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
Digital Payments // February 26, 2024

Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S....

Adyen and Plaid Partner on Pay-by-Bank Offering in North America
Partnerships // November 02, 2023

Global financial technology platform Adyen has partnered with digital finance firm Plaid to introduce Pay-by-Bank services in North America in early 2024. Adyen has made substantial investments in North America, including obtaining a U.S. Branch License and establishing local tech hubs. By combining these investments...

Interviews & Exclusives
41% of Pay-by-Bank Users Want to Use It for Ridesharing

October 28, 2024
Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for Pay by Bank to Catch On,” done in collaboration with Trustly, looks at the barriers to adoption and what payment providers can do to educate more consumers about pay by […]

61% of Millennials Want Real-Time Payments in Finance and Insurance

October 15, 2024
As the financial and insurance sectors evolve, the demand for swift and accurate payment systems has never been more pronounced. Legacy systems often need to improve, resulting in delays and...

Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank

February 26, 2024
Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital Payments Takeover:...

The Rise Of Payments Laundering

April 18, 2017
Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both get paid and elude the...

Quick Reads
GoCardless Aims to Acquire Nuapay, Add Disbursement Capabilities

March 15, 2024
Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company from EML Payments Limited, in a deal that is subject to regulatory approvals, the companies said in a Friday (March 15) press release. “Nuapay […]

Adyen and Plaid Partner on Pay-by-Bank Offering in North America

November 02, 2023
Global financial technology platform Adyen has partnered with digital finance firm Plaid to introduce Pay-by-Bank services in North America in early 2024. Adyen has made substantial investments in North America,...

GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments

February 08, 2023
GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’...

HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers

December 02, 2019
HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed to comply with new regulations...