Trustly 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...

Most Gamers Prefer Instant Payouts but Only 49% Can Get Them
Real-Time Payments // November 13, 2024

The online gambling industry is booming, driven by the rise of digital poker, online casinos and fantasy sports betting, making it crucial for operators to enhance the user experience to retain players. A key area for improvement is the payout process, as traditional withdrawal systems...

Clearing Up Pay-by-Bank Confusion Requires Education and Incentives
Payment Methods // November 08, 2024

Last week, Nacha said its Payments Innovation Alliance formed a new project team seeking to answer the question, “What is pay by bank?” Via the project, financial institutions, providers and FinTechs, will delve into identifying “operational, risk and educational issues” associated with what Nacha called...

Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
Regulation // November 05, 2024

The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates — and as described by the CFPB itself — say the rule promotes competition among incumbent banks, levels the playing field...

Interviews & Exclusives
Most Gamers Prefer Instant Payouts but Only 49% Can Get Them

November 13, 2024
The online gambling industry is booming, driven by the rise of digital poker, online casinos and fantasy sports betting, making it crucial for operators to enhance the user experience to retain players. A key area for improvement is the payout process, as traditional withdrawal systems are often slow and frustrating, driving players to competitors. As […]

Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking

November 05, 2024
The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates — and as described by the...

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 […]

Trustly Expects to Process $100 Billion in Open Banking Payments in 2024

October 23, 2024
Open banking payments firm Trustly said that it expects to process a record $100 billion in total payments value (TPV) in 2024. To date, more than 112 million consumers have...

Trustly and Newline Partner to Facilitate Money Movement in US

September 05, 2024
Trustly and Newline by Fifth Third have teamed up to facilitate money movement in the United States. This collaboration brings together Trustly’s open banking payments and Newline’s embedded payments platform,...

Foodora to Offer Pay by Bank Option Powered by Trustly

August 20, 2024
Trustly and food delivery service foodora have teamed up to allow foodora’s customers to pay directly from their bank account, with no need for a credit or debit card. This...