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J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US
Consumers are looking for greater choices like mobile payments, crypto wallets, and person-to-person payment apps, which are taking their place alongside staple payment methods like cards and bank-to-bank ACH payments. The latest... read more
The post J.P. Morgan launch Open Banking play with “Pay-by-Bank” in US appeared first on Payments Cards & Mobile.
Has Elon Musk set his sights on the payments industry via Twitter acquisition?
Elon Musk has taken over as CEO of Twitter. There may be many reasons why the worlds nuttiest (richest) man paid $44 billion for the loss making enterprise including to... read more
The post Has Elon Musk set his sights on the payments industry via Twitter acquisition? appeared first on Payments Cards & Mobile.
US Federal Reserve study shows dramatic changes to US payments market
The United States’ Federal Reserve has issued an update to its Federal Reserve Payments Study (FRPS) on the US payments market to include findings from recent survey data. The findings... read more
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2020 Top 50 financial institution ACH originators and receivers
Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2020. The Top 50 originating financial institutions handled a volume of almost 23.1... read more
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ACH Network sees record growth in 2020 to 26.8 billion payments
Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... more
The post ACH Network sees record growth in 2020 to 26.8 billion payments appeared first on Payments Cards & Mobile.
