The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. Get the Full Story Complete the form to unlock this article and...
For a long time, there wasn’t much variation in the billing experience, no matter who one happened to be. A bill came in the mail, a consumer wrote out a check, that consumer popped that check in the mail — rinse, repeat until all obligations were covered. Get the Full Story...
Lyft said Tuesday that it is debuting a new feature, receipt forwarding for business travelers and travel managers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Get ready. When the Fed’s Faster Payments Task Force issues its mammoth recommendation for strengthening the U.S. payment system later this month, it’s unlikely a federal mandate will make the cut. That’s Roy DeCicco’s take, at least. For July’s Faster Payments Tracker™, DeCicco, who’s managing...
Big changes are coming to the faster payments landscape. But don’t worry about blinking and missing them, because these changes are going to stick around for a while and have the potential to make a long-lasting impact on how money is exchanged. Get the Full...
Can faster payment tools put on demand caregivers on the same economic footing as full-time workers? In June’s Faster Payments Tracker™, powered by NACHA, Bryan O’Malley, Care.com’s VP of payments, talks with PYMNTS about how faster payments are transforming the market by offering caregivers of children, the elderly, pets and homes,...
Not only are faster payment tools bringing helping to exchange funds at a quicker pace, but these solutions are also transforming the certain aspects of the gig economy and spurring investments in new payment infrastructures. Get the Full Story Complete the form to unlock this article...
The United Kingdom’s Payments Systems Regulator (PSR), along with the Bank of England, said Thursday that they’d agreed to a framework that would govern consolidation of the Cheque and Credit Clearing Company and the Faster Payments Scheme and Bacs. Get the Full Story Complete the...
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,...