Mastercard launched Payment on Delivery, a new solution that lets businesses pay a supplier in real-time when receiving goods or services. The company is piloting the program with PNC Bank, which uses the RTP® network from The Clearing House for real-time payments clearing and settlement ...
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Banking
Banking
Let’s start with what Gen Z and younger consumers want from their banks. They want digital, mobile, and instant banking services. In other words, not their parent’s bank. What they’ve got right now from an entrenched banking system is too much paperwork, too many off-line ...
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Welcome to this week’s global payments news roundup. We unwrap holiday sales predictions for the UK – up 3.5%-4%, according to Coresight and the US up 3.8%-4.2% expected by the National Retail Federation. When it comes to converting clicks to bricks, a new report from ...
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Yo! You knew it was just a matter of time before your kids got a bank app that only speaks their language and doesn’t want to talk to Boomers at all, right? When a news release announcing its US banking app launch starts like this, ...
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UK headquartered GoCardless launched services to enable international ACH (Automated Clearing House) debit payments for US companies in more than 30 countries around the world. The new service also enables easy US payments to GoCardless’s existing 40,000-plus international customers. GoCardless has built a global bank debit ...
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GoCardless is out with a new report on payments preferences in 10 major markets that comprise 80% of global e-commerce. The report gives us valuable insights into consumer payments preferences in 10 countries. We’ve got a quick quiz to see how much you know about ...
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It’s definitely the busy season and we’ll help you save time with this week’s global payments industry news roundup. Narvar tells us what customers hate most about returning products and what to do about it. Macy’s same-day delivery program sets a new bar for US ...
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Mitto is banking that 14-year-old and older Generation Z consumers will want their very own digital wallet and virtual debit card. All financed by mom and dad, of course. And it’s raised $2.2 million in new VC funding to reach out and touch Gen Z ...
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Another week, another payments news roundup. Let’s dive in. How could $35 million in payroll and tax accounts go missing from cloud provider MyPayrollHR? We investigate. B2B cart abandonment is a surprisingly big and costly problem according to new research from MSTS. A new business ...
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The $81 billion payroll processing business in the US is normally bedrock solid, made up of longtime players and innovative new payroll-as-a-service (PaaS), cloud-based fintech startups. Like the former subprime mortgage market, the US payroll industry seems too big to fail. MyPayrollHR just proved that ...
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