Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the ubiquity of mobile devices offers a springboard to transitioning away from bills and coins. But...
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 payment program in France and Germany by the end of the year, according to a Tuesday (April 25) news release. The...
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 PayPal account, but you don’t. Your bank is connected to the Zelle network, and they don’t know if theirs is...
“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 all gone online in the past three years to use digital payments — if we hadn’t been doing so already....
May 10, 2023
Hundreds of millions of consumers and businesses use digital wallets — and not traditional bank accounts — to transact across the globe. That’s especially true in emerging markets, where the ubiquity of mobile devices offers a springboard to transitioning away from bills and coins. But moving from cash to a digital environment also demands that […]
February 03, 2023
“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 all gone online in the...
January 23, 2023
The banks have two targets in the digital wallet battle — one, Apple Pay, may be easier to “beat.” PayPal may prove to be a tougher foe. As noted here, America’s...
July 06, 2021
When most people think of digital payments, their minds still jump to use cases like splitting the dinner check, paying the babysitter or sending their college students a few extra...
April 25, 2023
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 payment program in France and Germany by the end of the year, according to a Tuesday (April 25) news release. The release says the pilot will be followed by a commercial […]
September 16, 2022
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 a minority stake, LiquiLoans would...
September 08, 2022
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, one thing is clear: the...
June 06, 2022
Digital payments company Payrailz is partnering with Q2’s digital banking platform to provide banks and credit unions with improved payment experiences, according to a press release on Monday (June 6)....
