News Topic: Bill pay
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Bill pay—even when digital—proves bumpy, survey finds
Walmart partners with PayNearMe to support cash bill pay in stores
Can real-time bill pay bring more consumers to bank sites?
Allied, Tyfone partner to deliver faster bill payments for small banks, businesses
BNY Mellon targets commercial bill-pay clients for fast payments
Why bill pay still matters for credit unions
Banks want to regain control of consumer bill pay. Mastercard offers help.
The card brand's data exchange platform, which provides mobile real-time processing, has gained support from the likes of PNC and Citizens. ... Read full article
Could coronavirus chaos bring bill payment back to banks?
Bank bill-payment sites have become less relevant over the last decade as more people go to billers’ websites to pay directly or use billers' mobile apps — often at the last minute. But the COVID-19 pandemic could flip the script on the $4.6 trillion ... Read full article
Not just speed: Data transfer another dividend of faster payments
The Clearing House argues that participants in payments transactions could share far more invoice information over its real-time network. ... Read full article
BMO off to promising start on its AI projects
The team has already built three customer-facing AI tools this year, which it hopes to keep building upon. ... Read full article
Fiserv updates online bill pay for banks, plans real-time payments
Leveraging new technology and APIs, Fiserv has rolled out CheckFree Next, a major update of the core CheckFree bill payment technology Fiserv acquired in 2007. ... Read full article
U.S. Bank launches bill-pay platform to support faster payments, chatbots
U.S. Bank wants to disrupt the way consumers pay their bills by offering billers a new platform fit for faster payment rails, new messaging formats and digital assistants. ... Read full article
TD Ameritrade wants to steer customers toward in-car voice assistants
The brokerage expects customers will use conversational tech to check accounts and perform other financial transactions while stuck in traffic. ... Read full article
Simple drops e-billing, and gets heat from consumers
The digital banking provider Simple has been part of BBVA for five years, and its reputation as an easy way to handle and transfer digital money has only grown in that time frame through the addition of faster payments and P2P services. ... Read full article
The pain points of digital bill pay
Though financial institutions with online bill payment services still command the largest share of the bill payment market, it’s a category with many friction points ripe for disruption. ... Read full article
Rethinking bill pay when there isn’t a bill
Providing the default card in digital subscription services is one way banks can win back bill-pay business, save customers time and help them manage their data. ... Read full article
The Women to Watch: No. 19, TD's Jane Russell
In the newly created role, Jane Russell manages TD’s call centers, ATMs and digital operations, and directs all operations within its 1,250 U.S. branches ... Read full article
JPMorgan seeks to banish paper payments with fintech venture
JPMorgan Chase is partnering with another fast-growing technology firm, this time to help business clients eradicate paper checks. ... Read full article
Mastercard to resell bill-pay vendor's tech to boost bank revenue
Contrary to many third-party payment providers' practice of pushing customers to lower-cost payment rails, Regalii wants its end users to pay their bills with credit cards. The goal of this arrangement is, of course, to make money for banks. ... Read full article
