Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street Journal.
CES And The 2019 Payments And Commerce Agenda
CES helps set the payments and commerce agenda for the coming year. Here’s a glimpse of what’s coming, tail...
Why Technology Isn’t Bank Transformation’s Silver Bullet
Is there a right way and wrong way to innovate?
Chase Launches Low-Cost Accounts To Win Unbanked Consumers
As the Chase launch and the Bank of America account elimination show, we can bet on more work and experimentation regarding that consumer segment in the years to come.
Tech and Banking: Evolving Mobile Trends From Bank of America
Read on for key trends.
Making P2P Payments Fraud-Free
The new Digital Fraud Tracker™ highlights the latest developments in payments fraud and how different companies are working to keep funds safe.
TD Bank's Annual Consumer Spending Index Reveals Credit Knowledge Gap Exists Among Millennials
As the generation least likely to carry cash, according to the survey, this begs the question of whether millennials are armed with the proper tools to be…
Fed Forces Delay Of New Same Day ACH Processing Window
NACHA said a third processing window for same-day transactions will be postponed for six months until the Fed Board approves the initiative.
Federal protections for data use, security are urgently needed
CUNA noted that the cornerstone of any new privacy requirements should be robust data security requirements for business and other entities that collect consumers’ personal information.
The payments industry is falling behind fast-acting fraudsters
Financial institutions, retailers and mobile wallet providers struggle to keep up with changing fraud patterns.
Where Consumers Turn To Personalize Their Card Spending Experiences
Read on for valuable insight into MCS-based shopping habits, including how consumers used their smartphones to manage their monthly expenditures, as well as those of their financial dependents.
Apple, Goldman Sachs to roll out credit card paired with iPhone
A joint credit card combined with an iPhone that gives customers the ability to manage their personal finances, according to a report in The Wall Street Journal.
Mobile coupons drive loyalty, customer engagement
Consumers today value ease and convenience above everything else - and couponing is no exception.
ACH Network Adds More Than 1B New Payments In 2018
NACHA said it is the fourth year in a row that the ACH Network added more than 1 billion new payments.
Visa: EMV Cuts Card-Present Counterfeit Fraud
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said.
What FIs Don't Know About AI And ML
In the latest edition of the AI Innovation Playbook, PYMNTS examines survey response data from more than 200 financial executives to learn how they are leveraging AI and ML.
Mobile Payments Heavy Stores Facing Increased Backlash
At the end of the day, it’s a bad idea to completely eschew paper currency.
Inter-connecting the Digital Payments Ecosystem
A white paper developed by the Initiatives Group and released last year by Equinix, Inc. identified three key trends shaping the worldwide real-time payments industry.
When Real-Time Payments Go Wrong
RTP have experienced their fair share of fraud to date but by integrating tokens into the RTP process, banks can mitigate the impact.
Opera? Pop? Mastercard debuts new melody that will sound whenever, whereever you buy
The company is debuting a new, signature melody, that shoppers will eventually hear every time they complete a purchase with Mastercard.
8 Technology Trends Banking Industry Must Act On In 2019
2019 will not be a continuation of the past with banking technology.
Venmo And Zelle's P2P Battle Royale