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Four out of five gig workers want faster payments, and most have less than $500 in savings, according to a study by Branch and Marqeta.
April 27 -
It is the largest global treasury bank so far to implement Mastercard’s direct debit service.
April 21 -
Comdata has launched Fintwist OnDemand to provide instant earned wage access services to working adults amid an increasingly crowded market for faster payroll payments.
April 20 -
The company’s payments services business has struggled during the pandemic, but executives are counting on commercial clients’ embrace of real-time payments to help fuel the unit’s growth in 2021.
April 15 -
Banks have borne the brunt of the criticism from consumers still waiting for coronavirus relief funds to land in their accounts. But the industry says the lag time is the fault of the government and its antiquated payments system
March 16 -
Building the processing tech was the easy part. Finding the right mix of users and transactions posed many challenges.
March 4 -
Building the processing tech was the easy part. Finding the right mix of users and transactions posed many challenges.
March 3 -
More people are joining the gig economy, and a major driver of this trend — particularly for those working multiple gigs — is a need for faster access to cash to meet expenses.
February 26 -
The COVID-19 pandemic led many locked-down consumers to stream or download more movies and video games, and this trend is leading to a rise in demand for faster data services such as 5G — a potential driver of payments innovation.
February 26 -
The U.K. got an earlier start on open banking implementations, prompting European merchants and fintechs to turn to payments-as-a-service providers for rapid deployment.
February 24