A2a news and trends

Dwolla Adds Open Banking to Account-to-Account Payment Solution
Payments Innovation // February 27, 2024

Account-to-account (A2A) payment solution Dwolla now offers open banking services. The new integration, announced Tuesday (Feb. 27), adds services like instant account verification, balance checks and fraud mitigation to the company’s offering, letting mid- to enterprise-sized businesses offer fast and secure A2A payments through Dwolla’s...

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

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 “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S....

Digital Wallets, Pay by Bank and Push to Card Can Transform Cross-Border Payments
Cross-border Payments // January 19, 2024

Cross-border money movement’s digital makeover rests with a variety of endpoints. More specifically, the more ways there are to send and receive, the more options there are to house stores of value, and the more streamlined international payments become. To that end, and as PYMNTS reported...

Nearly 40% of Boomers Don’t Know How Pay-by-Bank Payments Work
Payment Methods // January 04, 2024

Account-to-account (A2A) payments, also known as pay by bank, involve the transfer of funds between bank accounts, often in real-time. Unlike traditional card networks, these payments circumvent intermediaries, offering a more direct and cheaper method to make transactions. One of the main advantages of A2A...

Interviews & Exclusives
Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank

February 26, 2024
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 “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth” drew from a survey of more than 3,300 U.S. consumers to discover how they engage with A2A payment options. […]

B2B Payments Need ‘Foundational Infrastructure Layer’ as Faster Account-to-Account Beckons

November 14, 2023
The business payments landscape was stable for decades, Form3 CEO Mike Walters told Karen Webster. Regular ACH payments were the norm, and any pain points and frictions were rooted in...

Pay-by-Bank Rewards Programs Can Build Stronger Consumer-Merchant Bonds

June 20, 2023
Driven as they are by payment choice, many consumers like the idea of account-to-account (A2A) transfers, known by several other names including pay by bank — but what’s missing is...

Simplicity and Connectivity Seen as Standardized B2B Payments Advantages

February 13, 2023
For B2B eCommerce firms, options to easily process high-value online payments are few. “Cards are not made for that. We know that the average [limit] is around €1,500 and €3,000,...

Quick Reads
Micropayment, Tink Partner on Pay-by-Bank in Europe

March 20, 2024
Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants across industries, including fundraising and nonprofit, digital services, gaming and entertainment, according to a Wednesday (March 20) news release. The company primarily operates in Germany, Austria and Switzerland, also known […]

Dwolla Adds Open Banking to Account-to-Account Payment Solution

February 27, 2024
Account-to-account (A2A) payment solution Dwolla now offers open banking services. The new integration, announced Tuesday (Feb. 27), adds services like instant account verification, balance checks and fraud mitigation to the...

Venmo Debuts Feature for Managing Group Expenses

November 14, 2023
Venmo has unveiled a new in-app feature that aims to streamline splitting and managing expenses among groups. The new Venmo Groups provide users with a convenient way to divide and settle...

Amex Picks Nuvei to Promote Bank Transfer Payments

November 02, 2023
Nuvei has become the first acquirer to sell American Express’ open banking payment method. The collaboration, announced Thursday (Nov. 2), will see Nuvei promote Pay with Bank transfer (PwBt), which...