Citing a gap in the market for real-time loan repayments to financial institutions, bill-payment provider Payveris has launched Loan Payments, a service that can handle payments on debit cards and via the automated clearing house, as well as in cash. The new service comes in response to what the Cromwell, …
Read More »Search Results for: pay by bank
Mastercard Deepens Open Banking Ties; Dibbs Adopts Circle’s USDC; Credova’s Pay in 4 for Outdoor Sports
PayPal Bumps up BNPL Limits; RBC Inks Open Banking Deals; Omnichannel Revenue up 142% in May
Apple Pay Later’s Solo Venture; MX Forms Open Banking Network; May Online Spending up $1 Billion
Payments 3.0: Open Banking is here. Here’s What It Means
Over the past few months, Digital Transactions has reported on how companies across the payments value chain have entered into partnerships to offer a greater range of open-banking services to their customers. Easy data access will become the norm in banking. While open banking will change how individuals manage their …
Read More »The Risks of Not Offering BNPL; Century Bank Picks Priority’s Payables Platform; Wyre’s Sale Terms Inaccurate
Aiming at Smaller Banks, Priority Technology Brings Its Payables Platform to Century Bank
Payments provider Priority Technology Holdings Inc. is partnering with Century Bank, a community bank with locations in New Mexico and Texas, to provide its accounts-payable platform called CPX (Commercial Payment Exchange) to the bank’s business customers. CPX automates manual business-to-business payments processes, such as manual check runs, payments, and reports. …
Read More »Big Banks’ Interest in Launching Zelle Into Retail Payments Puzzles Some Observers
A serious expansion of the Zelle peer-to-peer payments network or just saber rattling to get a better deal from the card networks? That’s one question raised by payments-industry experts after The Wall Street Journal reported Wednesday that Bank of America Corp. and Wells Fargo & Co.—two of the seven big financial institutions …
Read More »Mastercard Announces Account-to-Account Payment Tools Based on Open-Banking Assets
Mastercard Inc. early Wednesday said it will launch two new payments tools that rely on the card network’s rapidly growing stake in open banking and account-to-account transactions. The new digital tools, which Mastercard says will not be available until later this year, are expected to address risk and uncertainty in …
Read More »