| Alphabet to sink $1B in Lyft, Networks warn banks on hacked accounts, China shuts down Bitcoin exchanges. | | | For NACHAâs Same Day ACH, The Debit Debut
And then there was Phase 2. Same Day ACH enters the newest stage of deployment, where the U.S. payments system now brings same-day debits into the mix. NACHA COO Jane Larimer tells Karen Webster what to expect as the ACH rails adds another notch to its faster, ubiquitous payments belt. Read More... |
| The Money-Mover Thatâs A Money Mentor, Too
No one is better equipped than banks to give customers actionable insights into their financial health, yet many banks leave that task to startup FinTech companies. Itâs a missed opportunity, if you ask Kasisto CPO and co-founder Dror Oren. Oren believes that itâs in the bankâs best interest for customers to save more money, since educating customers keeps them saving â and from leaving the bank. Hereâs what he said banks must have in place to do good by their customers and do good business for the bank.
Read More... |
| Together Is Better: Banks And FinTechs Crack The Code On Financial Inclusion
While everyoneâs favorite story in financial services is about the ongoing war between banks and FinTechs, the teams at LendUp and Beneficial Bank say theyâre doing better together, particularly when it comes to serving those who donât have easy or regular access to mainstream credit products. We spoke with LendUp CEO Sasha Orloff and Beneficial Bank Co-CEO Kat Taylor about why they say the un- and underbanked need more team-ups like this one. Read More... |
| | Disbursements Tracker™ | | NEW REPORT: Helping Beauty Professionals Tame The Cash Flow Beast
For beauty professionals, collecting fees from no-shows can be harder than giving a perm to someone with a comb-over. For Septemberâs Disbursements Trackerâ¢, in collaboration with Ingo Money, PYMNTS speaks with Dan Chandre, SVP of Integrated Payments for Booker, about how the companyâs services can help beauticians and barbers collect their dues when a customer bails. Plus, news from around the space, a remote deposit tech Data Dive and 10 new additions to the provider directory, inside the Tracker. Read More... |
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