The age of banker’s hours may finally be ending. Drew Edwards, CEO of Ingo Money, and Jon Briggs, head of KeyBank’s commercial product and innovation in KeyCorp’s payments business, told Karen Webster in a panel discussion that there’s been a great divide between the experiences digital-only customers and...
Open banking and instant payments are two of the most exciting trends in digital banking today. Both of these services improve the financial lifestyles of consumers and businesses. While instant payments’ benefits for end users are obvious, open banking is slightly more esoteric. Open banking...
Real-time payment adoption in Europe has seen historic growth in recent years, with several countries such as the U.K., Sweden, the Czech Republic and Hungary, developing domestic payment systems to complement the existing pan-European Single Euro Payments Area (SEPA) Instant Credit Transfer scheme, also known as SCT Inst. For example,...
Real estate, put simply, often involves the largest transaction that any of us as individuals ever tackle. Cheryl Gurz, vice president of product management for The Clearing House (TCH), told PYMNTS that given the fact that hundreds of thousands of dollars are changing hands, the process is...
The proliferation of riskier, long-shot betting strategies may mean gamblers are more eager to get their winnings — now. The Wall Street Journal reported this week (May 7) on the astronomical popularity of online sports betting in the U.S., where the gambling is legal following...
Real estate firms have historically run on paper — but that may be about to change. Real estate firms are weighing the benefits of adopting digital payments methods such as cryptocurrency, virtual cards and push payments. Among all the innovations these firms are considering, however,...
With the rise of online shopping, in-store retailers are under pressure to make innovation in real-time payment alternatives and omnichannel marketing — strengths of eCommerce — mandatory in order to retain customer loyalty. For those in the United States and the United Kingdom, this has...
EMTransfer now enables real-time payments for real estate transactions over the RTP network. Delivered over The Clearing House’s RTP network through KeyBank’s application programming interfaces (APIs), this new offering streamlines the real estate payment process, EMTransfer said in a Tuesday (May 9) press release. “By...
Kenya is known as the home of mobile payment system M-Pesa, and it is also one of the few African countries to have made significant headway in the development of a national real-time payment network. The country’s PesaLink instant payments scheme was first launched in...
