AutoRek Survey Poses Differences Between U.S. and UK Readiness for Real-Time Payments
AutoRek, an end-to-end payments reconciliation platform, recently conducted a global payments survey. It is aimed at understanding real-time payments (RTP)...
Central Banking Digital Currency Pilot Underway in the U.S., What Are the Dangers?
The New York Fed released a statement on November 15 indicating they are rolling out a 12-week long pilot for...
Banks Take a Proactive Stand to Resolve Zelle Issues before Regulators Make their Mark
Zelle payments are more popular than ever, but some consumer protections are not in place to adequately protect users. In...
Inflation Leaves Consumers Wanting More from Their Banks
Wildfire Systems Inc. released a survey that provides insights around consumers’ expectations for their banking reward programs amid rising inflation....
FedNow: Faster Payments Are Faster, Better, Cheaper
When thinking of instant direct deposits, it’s easy to think of gig workers. An example is Uber drivers who can...
Push for Pay by Bank Expected in 2023
Old school paper checks are a thing of the past, but they are trying to make a new, digitized comeback....
Fraud: Banks Pay a Price for COVID-19 Relief Checks
Mercator research examined the surge of fraud amidst the pandemic. It identified three major areas: low traffic industries (travel and...
BNPL in Australia: An Upside Down in the Land Down Under
Issues continue to dwell for Buy Now, Pay Later (BNPL) services, and innovator Klarna is in the hot seat. We...
West Virginia Earned Wage Access: Saving Grace for Employees but Compliance Nightmare for Employers
Earned Wage Access (EWA), also referred to as “on-demand pay,” is a way for employees to get paid before payday....
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