PYMNTS-MonitorEdge-May-2024

bank payments

41% of Pay-by-Bank Users Want to Use It for Ridesharing
41% of Pay-by-Bank Users Want to Use It for Ridesharing
October 28, 2024  |  Payment Methods

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...

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61% of Millennials Want Real-Time Payments in Finance and Insurance
61% of Millennials Want Real-Time Payments in Finance and Insurance
October 15, 2024  |  Real-Time Payments

As the financial and insurance sectors evolve, the demand for swift and accurate payment systems has never been more pronounced. Legacy systems often need to...

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GoCardless Aims to Acquire Nuapay, Add Disbursement Capabilities
GoCardless Aims to Acquire Nuapay, Add Disbursement Capabilities
March 15, 2024  |  Acquisitions

Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed...

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Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
February 26, 2024  |  Digital Payments

Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study...

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Adyen and Plaid Partner on Pay-by-Bank Offering in North America
Adyen and Plaid Partner on Pay-by-Bank Offering in North America
November 02, 2023  |  Partnerships

Global financial technology platform Adyen has partnered with digital finance firm Plaid to introduce Pay-by-Bank services in North America in early 2024. Adyen has made...

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GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
February 08, 2023  |  Payment Methods

GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank...

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HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers
December 02, 2019  |  Banking

HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed...

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Italy Completes Blockchain Interbank System Trials
Italy Completes Blockchain Interbank System Trials
October 04, 2018  |  B2B Payments

The Italian Banking Association announced the completion of testing of its interbank system developed on blockchain, CoinTrust reports said Thursday (Oct 4). A group of...

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The Rise Of Payments Laundering
The Rise Of Payments Laundering
April 18, 2017  |  Security & Fraud

Getting paid is a worker’s number one priority — including the fraudster. And that’s why they have turned to alternative payments as a way to both...

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