When divorced parents have to get together to exchange cash for kids’ braces and summer camp, it can be a fraught experience. Yet, settling childcare expenses via a mobile app can expedite payments without the drama, says Laura MacMahon, president of Family Plan, a divorced...
It’s not enough to build a real-time payment system if financial institutions (FIs) don’t implement the offering, and extend instant payment services to customers. Getting major FIs on board, and actively engaging with a new payment rail, is critical to achieving the widespread availability needed...
When digital payments and commerce professionals talk about “friction,” they usually mean reducing barriers that make a consumer pause before buying a new pair of shoes, opening a bank account or similar tasks. Of course, reducing or eliminating those barriers stand as important tasks, as...
With all the available connected technologies today, consumers are sharing more information with one another. From check-ins at a favorite restaurant to Instagramming a sunset overlooking the Brooklyn Bridge, there aren’t many private moments that go undocumented. Because of all of these technologies, it’s nearly...
March 14, 2024
In the United States, government-issued child support payments cover only 53% of the expenses associated with raising a child. This leaves co-parents to manage the other 47% to pay for things like medical bills and extracurricular activities independently, with one parent often footing the bill upfront and seeking reimbursement from the other. This process frequently […]
April 26, 2019
When digital payments and commerce professionals talk about “friction,” they usually mean reducing barriers that make a consumer pause before buying a new pair of shoes, opening a bank account...
February 13, 2017
With all the available connected technologies today, consumers are sharing more information with one another. From check-ins at a favorite restaurant to Instagramming a sunset overlooking the Brooklyn Bridge, there aren’t many private moments that go undocumented. Because of all of these technologies, it’s nearly impossible to keep anything a secret. Unfortunately, this is not […]
