24 Jan 23 @ 14:57

That consumers are turning to digital wallets at an increasingly faster pace is no major headline. However, the losses that the move could cause banks is definitely a painful awakening... read more

21 Feb 22 @ 13:33

The Federal Reserve recently requested comment on a discussion paper describing the potential benefits and costs of issuing a CBDC. The paper is not the ringing endorsement of the concept... read more

18 Aug 21 @ 13:14

The 2021 Debit Issuer Study, commissioned by Discover Financial Services, portrays a debit market evolving with the rapid transformation of commerce. Response to the COVID-19 pandemic prompted US consumers to make... read more

18 May 21 @ 12:41

Recently, several commentators have identified a potential Chinese central bank digital currency as a serious economic and national security threat to the United States and chastised the US government for... read more

23 Apr 21 @ 11:07

A new study finds that digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025; driven by growth of mobile money transfers. Mobile... read more

03 Nov 20 @ 16:36

In an earlier review of the Global Payments 2020 PCM looked at the impact of COVID-19, modelling three scenarios for payments revenue growth estimates. In the next two posts PCM... read more

29 Aug 19 @ 13:22

Mobile P2P payments in the US are booming with consumers sending each other billions of dollars through (some) digital apps. Last week, JP Morgan Chase announced it will follow suit... read more

22 Jan 19 @ 11:00

In recent years, interchange rates have come under increasing pressure from a variety of judicial reviews by the US Federal Reserve, the European Union and individual countries such as Canada,... read more

18 Dec 18 @ 09:18

Tech-savvy millennials have driven – and continue to drive — a seismic shift towards an uptake in digital banking. According to the latest data available, there are 71 million millennials... read more

27 Jul 18 @ 11:45

Early Warning Services, the network operator behind Zelle, has published the results of its first Digital Payments Adoption Study. The aim is to track consumer adoption, use, and attitudes toward digital payments,... read more

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

16 Jun 17 @ 13:47

The latest Bank of America Trends in Consumer Mobility Report explores emerging payments trends – specifically person-to-person payment technologies (P2P) that allow consumers to send money to others via their... read more

15 Mar 17 @ 09:25

Google is to revisit history going back back to P2P payments, adding the feature to its Gmail Android app that allows sending friends funds by attaching a file to an email. Google first... read more

16 Jan 17 @ 13:24

The ongoing development of the P2P payments market has continued its dramatic growth as the market players continue to evolve. The past year has brought seismic changes, including new value... read more