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Payments

PayPal announces acquisition of iZettle

PayPal announces acquisition of iZettle

Deal to add in-store transaction capabilities in 11 markets to PayPal network
Credit card usage hits all-time high

Credit card usage hits all-time high

Delinquencies up, but overall performance positive
Customers disappointed by mobile payments apps are likely to give them a thumbs down with friends and family.

Many mobile pay users unhappy

Few say they would recommend pay apps
Metrics—and underlying causes—regarding payments fraud will be the goal of a new Federal Reserve-sponsored study.

Fed launches payment fraud study

Picks Boston Consulting Group to produce research
Bank tech trends can make your head spin. So regularly longtime Tech Exchange Editor John Ginovsky does his best to “make sense of it all.”

Zelle goes hip hop—hope it hits well

2018 seen as make-or-break year for bank-backed P2P system
Efforts to keep payments secure never end, and so the conclusion of a Fed task force on payment security informs the next phase, beginning later this year

Fed pay security effort ends and begins

Task force focused on payment lifecycles. Work groups will follow
Digital payments begins takeoff in earnest

Digital payments begins takeoff in earnest

ROI may have to wait while base builds, says IBM payment expert
Checks may be “old school,” but for corporate receivables, they're easier to deal with than matching an incoming ACH with an e-mailed remittance.

Banks must speed b2b pay integration

Reports note disconnect between corporates and banks over use of “integrated receivables”
Former Wells Fargo CEO Richard Kovacevich has joined those bankers who think little of Bitcoin as a viable currency. He called it a "pyramid scheme" on an edition of CNBC's "Squawk On The Street" this week.

Bankers bearish on Bitcoin

Recent comments negative on volatile cryptocurrency
In an age when the emphasis is on agility, Aite estimates that at least half of banks still service small business customers from consumer banking platforms.

Big potential in small business ACH

Study points to need for banks to upgrade capabilities
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