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...
Although pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective payment method and recognize its benefits, such as improved data protection. However, concerns about implementation costs remain one factor limiting...
Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. The companies will integrate Plaid’s instant account verification and risk assessment tools into Dwolla’s pay-by-bank platform, according to a Wednesday (Oct. 23) press release. The solution is scheduled to launch in early 2025....
Open banking payments firm Trustly said that it expects to process a record $100 billion in total payments value (TPV) in 2024. To date, more than 112 million consumers have used Trustly’s products, the company said in a Wednesday (Oct. 23) press release emailed to...
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 […]
October 24, 2024
Although pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective payment method and recognize its...
October 19, 2024
Oct. 20, 2009. The United States was starting to see daylight out of the darkness of the worst financial crisis since the great depression. The Wall Street Journal reported that...
October 01, 2024
The promise of open banking is to foster a range of new products and services as banks link with FinTechs to use customer-permissioned data to tailor what they offer. Within...
October 23, 2024
Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. The companies will integrate Plaid’s instant account verification and risk assessment tools into Dwolla’s pay-by-bank platform, according to a Wednesday (Oct. 23) press release. The solution is scheduled to launch in early 2025. The collaboration will target mid- to enterprise-sized businesses, and the […]
October 23, 2024
Open banking payments firm Trustly said that it expects to process a record $100 billion in total payments value (TPV) in 2024. To date, more than 112 million consumers have...
October 17, 2024
Worldline launched a new pay-by-bank payment method that caters to businesses that handle high-value transactions. The Bank Transfer by Worldline solution was launched in 10 countries across Europe in August...
October 10, 2024
Pay-by-bank provider Banked has acquired Australian payment technology firm Waave. The deal gives Banked a deeper foothold in Australia’s pay-by-bank sector while also establishing a partnership with local retailer Chemist...
