Digital Banking Consumers Still Don’t Fully Trust Online Bill Pay
Convenience, not trust, is why people choose to pay their bills online, according to Fiserv’s quarterly report on consumer payment...
Payments
Zelle Crosses 100-Million Mark in Transactions Processed
Like other P2P apps, bank-backed Zelle also experienced an increase in its payment volume in the second quarter, but at...
Stripe Takes on Marqeta with Card-Issuing Product
Payment processor Stripe’s latest platform puts it head to head with Marqeta, a major player in the card-issuing market. Yesterday,...
PayPal to Gain 30 Million Active Accounts by Year-end
Payments platform PayPal had $139 billion in total payment volume in 2Q18, up 29% YOY, and expects to add 30...
Transaction Volume for PayPal’s Venmo Surges
Venmo's payment transaction volume reached an all-time high in 2Q this year, PayPal reported. According to yesterday's earnings call, Venmo processed...
Users Divided on Starling Bank’s New Debit Card
U.K. neobank Starling is in a mood to switch things up, at least on the design front. Last week, Starling...
Bank of America Merrill Lynch Launches Mobile App for Prepaid Commercial Card
With over 25 million mobile bank users on the retail side, Bank of America is shifting attention to ramping the...
Who Uses SnapChat for Payments Anyway? You’d Be Surprised
Social media platform SnapChat will shut down its P2P payment feature, Snapcash, as of August 30, after launching less than...
Corporate Banking Customers List Cybersecurity as the Reason They Are Sticking with Checks
A majority of U.S. business leaders (owners, managers, and executives) prefer using digital banking, and yet less than half of...
With 1.5 Million Customers, Marcus Remains Focused on High-FICO Borrowers
Marcus, the retail arm of Goldman Sachs, is growing at steady pace with 1.5 million customers in its second quarter,...
