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One Year of FedNow: Disrupting and Redefining the Payments Ecosystem — What Lies Ahead

One Year of FedNow: Disrupting and Redefining the Payments Ecosystem — What Lies Ahead

Service started with 35+ financial institutions last year and grew to more than 850 participants
Payments Solution Company Partners With Collections and Risk Specialist

Payments Solution Company Partners With Collections and Risk Specialist

Collaboration integrates a loan payment solution by Alacriti into AKUVO’s collections platform
UK Consumers Lead Global Shift to Digital Payments

UK Consumers Lead Global Shift to Digital Payments

Nearly 70% of Brits are comfortable leaving physical wallets at home, versus 53% of Americans
Digital Payment Options Emerge as Top Payment Methods

Digital Payment Options Emerge as Top Payment Methods

More than half (57%) of consumers plan to spend most of their income online in 2024
Debit Cards Remain Most Popular Payment Method

Debit Cards Remain Most Popular Payment Method

Nearly three-quarters of customers use a debit card at a physical or online point of sale
Payments Industry Recognizes AI Value

Payments Industry Recognizes AI Value

Report by American Banker found AI is being used to streamline compliance, loan processing and underwriting
Digital Wallets Account for Half of Online Sales

Digital Wallets Account for Half of Online Sales

Digital wallets are forecasted to reach $25 trillion in global transaction value by 2027
The Value of Embracing AI in Payments

The Value of Embracing AI in Payments

Recent developments in the technology are seeing a growth in investment in AI
FHA Introduces Payment Supplement

FHA Introduces Payment Supplement

The new loss mitigation home retention option will help those falling behind on mortgage payments
Capital One’s $35 Billion Bid to Aquire Discover Financial and What It Means

Capital One’s $35 Billion Bid to Aquire Discover Financial and What It Means

Deal would make Capital One the largest credit card company by loans, surpassing JP Morgan
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