While P2P transactions are gaining popularity, can they address the age-old discomfort of splitting bills among friends? For the latest issue of the Faster Payments Tracker™, PYMNTS caught up with Venmo’s COO Mike Vaughan about some of the “awkwardness of money” that P2P can create,...
While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that make it easier to ask your friends or co-workers to cough up the cash when you pick up the tab...
NACHA said Wednesday that it is launching what is being billed as the Mutual of Omaha Bank Corporate Learning Center. The center, NACHA explained in an April 12 release, is geared toward supplying “specialized education” across payments to professionals working within the arena, with emphasis on...
Thankfully, those turn of the century Y2K doomsday scenarios were a big fizzle, but there were still lessons to be learned. For the April Faster Payments Tracker™, PYMNTS spoke with Joe Casali of the New England Accelerated Clearing House (NEACH) about how the lessons learned...
Faster payment solutions are continuing their rise and are promising to change the way banks and other financial institutions conduct business. But as the exchange of money gets faster, the rules for banks are changing and some institutions may need help keeping up to speed....
It takes more than just having the latest technology or an innovative idea to make faster payments work. If anyone knows that, it’s Canada. The country has been on the forefront of faster payments for years, and Peter Maoloni, AVP of online products and platforms...
The push for faster payments is happening around the globe, but the U.S. can look no further than our neighbors to the north for an example of how faster payments are being put to work both efficiently and seamlessly. Mark O’Connell, CEO of Interac Association/Acxsys...
Today, consumers can quickly access to digital media like music and videos on their smartphones. Should they also expect the same ease of access to their money? For the March Faster Payments Tracker™, PYMNTS spoke with George Evers, Director of Immediate Payments for VocaLink, about...
New payment solutions are not only allowing payments to be sent faster, they’re also simplifying the process for users and merchants to send money between parties. Several institutions – including banks and FinTech providers – are leading the push to adopt faster payment solutions and...
