An advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S.
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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
A look at the recent Q4 financial figures for P2P tells a mostly positive story.
Payday loans, Pawnshops And Borrowed Credit: How Americans Got By In 2018
Research demonstrated that a high income is not always enough to stave off financial delinquency.
ATM and Bank Branch Extinction: What Does It Mean for the Future?
Assessing the broadening horizons of the payment industry
Quantifying Fraud’s Impact on Customers’ Expectations and Behavior
Survey insights about consumers’ sentiments and revealing areas where banks can be more effective at mitigating fraud and increasing awareness among customers.
Psychological barriers to greater mobile payment use in the US
If we want greater mobile payment adoption, we need to address these types of psychological barriers to adoption, and misperceptions about mobile payments.
Overdraft Fees Tick Higher at CUs, New Survey Finds
This is the first time in 19 years banks and CUs increased the OD price at the same time.
Top Industries Chatbots Are Poised to Disrupt in 2019
Banking/Financial is one of the four industries cited that represent the best opportunities for chatbot tech to transform how customers engage with companies, brands, and each other.
Target Tap-And-Pay To Ignite Contactless Cards
Where consumers see the value is, interestingly, the sweet spot where Target plays.
Target's surrender to Apple Pay shows the struggle of retailer-only wallets
One of those holdouts has given in to the march of NFC technology, as Apple, Samsung, Visa and Mastercard announced that Target will begin accepting their mobile wallets and contactless cards.
P2P’s speed puts personal info at greater risk
Given the increasing popularity and volume of transactions, P2P also makes for an ideal breeding ground for fraud.
Mobile Payments Users Beware: 773 Million Emails Exposed in New Data Breach
It’s being called the largest data breach literally ever, which in an era where data breaches are almost commonplace really means something.
Antilock Brakes And Instant Payments Similar?