Mobile payments

How much does P2P drive engagement for banks?

03/22/19

The market for P2P payments is finally taking off after years of false starts, but there are still many unanswered questions. The biggest one: How do banks get value out of offering this service free of charge?

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How 6 million Bank of America customers are using Erica

03/22/19

The most popular features of the AI-driven virtual assistant include transaction search and spending alerts.

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Do paycheck advance apps improve financial health?

03/11/19

Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?

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Barclays to merge BPay, Pingit products as banks fend off Apple

03/05/19

Barclays is preparing to merge its wearable mobile payments product BPay with its more popular Pingit app, after it struggled to attract users.

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'Why does a check take as long to clear today as it did in 1982?'

03/05/19

The slow U.S. adoption of real-time payments hurts half of Americans who live paycheck to paycheck, says Aaron Klein, a fellow at the Brookings Institution.

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JPMorgan's Dimon: Square innovated where we should have

02/26/19

The CEO of the nation's biggest bank gave the fintech props for revolutionizing payments and then building off its success to provide a whole range of services to small-business clients.

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CFPB bans group of payday firms from lending in U.S.

02/01/19

The CFPB banned online payday lender NDG Financial, three corporate officers and nearly a dozen affiliated companies from lending to consumers in the U.S.

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6 ways Super Bowl LIII is changing the payments game

02/01/19

Game day is a big day not just for athletes — anyone who sells pizza, chicken wings and beer will also win big if they have the capacity to handle all of the orders that come in. Many are turning to mobile and online technology to increase sales and remove friction from the payment process.

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Facebook tests mobile payments; Fed futures signal flat rates

01/03/19

Facebook’s WhatsApp unit has been testing its payments app in India since May; investors price in an almost a 90% probability of no Fed hikes this year.

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Can T-Mobile connect customers with mobile money accounts?

01/02/19

A partnership between the mobile carrier and BankMobile could help stripped-down banking and deposit transfer services find a footing among U.S. customers.

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