Pay By Bank/page/3 news and trends

Trustly and Fitness Software Firm BRP Team on Open Banking 
Partnerships // December 17, 2024

Open banking payments provider Trustly has launched a partnership with fitness/wellness software-maker BRP Systems. The collaboration, announced Tuesday (Dec. 17), integrates Trusty’s payment solution with BRP’s platform, letting businesses optimize recurring payments. Based in Sweden, BRP serves more than 2,500 fitness and wellness facilities and...

Card Networks Challenge FinTechs for Account-to-Account Payments Share
Payments Innovation // December 16, 2024

Earlier this year, PYMNTS Intelligence found that more than half of consumers were not aware of pay-by-bank options, or were hesitant to use them. In an age where relationships with banks are nearly ubiquitous — the Federal Reserve noted last month that just about 96%...

Could Micropayments Be the Next Frontier for B2B Commerce?
B2B Payments // December 10, 2024

Innovation is continually redefining the parameters of what’s possible in business-to-business (B2B) payments. And across today’s operating landscape, one defined by digital transformation and real-time decision-making, sometimes it’s the smallest innovations in payments that can have an outsize impact. Enter: micropayments. As B2B industries such...

Mastercard Launches Open Banking Partnership With Unzer
Partnerships // November 25, 2024

Payment/software solutions provider Unzer has formed an open banking-focused collaboration with Mastercard. The collaboration, announced Monday (Nov. 25), makes Mastercard Unzer’s open banking partner in Germany, Austria and Denmark to enhance open banking account-based payments to power eCommerce payments across Unzer’s payment gateways.  “Through this...

Interviews & Exclusives
Will 2025 Open the Floodgates for Open Banking?

December 26, 2024
Among the key trends in financial services in 2024 — as will be the case for the next year (and beyond) — has been the shift to open banking. The premise and the promise of open banking is this: Individuals have the ultimate control over their financial data, including account-level data.  They decide who gets […]

Could Micropayments Be the Next Frontier for B2B Commerce?

December 10, 2024
Innovation is continually redefining the parameters of what’s possible in business-to-business (B2B) payments. And across today’s operating landscape, one defined by digital transformation and real-time decision-making, sometimes it’s the smallest...

41% of Pay-by-Bank Users Want to Use It for Ridesharing

October 28, 2024
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 Pay by Bank to Catch...

Study: Merchants Weigh Implementation Costs of Pay-by-Bank Options as Interest Grows

October 24, 2024
  Although pay by bank is a relatively new offering, it is creating buzz in the business community. Executives see it as a potentially cost-effective payment method and recognize its...

Quick Reads
Trustly and Fitness Software Firm BRP Team on Open Banking 

December 17, 2024
Open banking payments provider Trustly has launched a partnership with fitness/wellness software-maker BRP Systems. The collaboration, announced Tuesday (Dec. 17), integrates Trusty’s payment solution with BRP’s platform, letting businesses optimize recurring payments. Based in Sweden, BRP serves more than 2,500 fitness and wellness facilities and 3.5 million end users, the companies noted in a news […]

Mastercard Launches Open Banking Partnership With Unzer

November 25, 2024
Payment/software solutions provider Unzer has formed an open banking-focused collaboration with Mastercard. The collaboration, announced Monday (Nov. 25), makes Mastercard Unzer’s open banking partner in Germany, Austria and Denmark to...

ValidiFI and PDI Team to Streamline Pay-by-Bank Enrollment

November 20, 2024
Payment intelligence provider ValidiFI has teamed with fuel/convenience retail tech company PDI Technologies. The collaboration, announced Wednesday (Nov. 20), will see ValidiFI provide real-time bank account validation for the consumer...

Dwolla Expands Partnership With Plaid to Streamline Pay by Bank

October 23, 2024
Pay-by-bank solution provider Dwolla is expanding its partnership with data network Plaid. The companies will integrate Plaid’s instant account verification and risk assessment tools into Dwolla’s pay-by-bank platform, according to...