US five-year lag on RTP, Tech turns texts into sales, New mobile wallet features boost uptake

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 1, 2022

Real-Time Payments Tracker®

U.S. Needs Five Years to Catch Up With the World on Real-Time Payments

Even though real-time payments have soared in the U.S. since the introduction of The Clearing House’s RTP® network, more still needs to be done to meet users’ rising expectations for new use cases. In the "Real-Time Payments Tracker®," Leo Lipis of Lipis Advisors tells PYMNTS about the unlimited upside of the RTP network as banks and businesses develop it to its fullest extent.

 

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eCommerce Conversion

Smart Texts Can Turn Abandoned Carts Into Conversions

A rising trend of ever more personalized experiences powered by digital solutions and data is proving the best defense against cart abandonment, and more of these solutions are coming online as eCommerce companies move to lessen abandonment with tools like real-time messaging.

 

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Mobile Wallets

New Mobile Wallet Features Drive Uptake, Evolution Beyond Payments

ACI Worldwide’s Tom Donovan tells PYMNTS that a raft of new features being rolled out by states and employers are accelerating the uptake and pushing the boundaries on mobile wallet adoption well beyond retailers and payments.

 

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Virtual Cards

No-Code, No Card, No Problem: Virtual Commercial Cards on the Rise


Marcus Lobendahn, Bond SVP, tells PYMNTS in a recent conversation that no-code solutions can further the inroads made by virtual cards, getting them in the hands of the employees who need them so they can begin transacting faster than ever.

 

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Digital Assets

Blockchain Emerges as Transparent Crime-Fighting Tool in Emerging Markets

Hannes Wessels, country head for Binance in South Africa, tells PYMNTS that while there’s still a lot of skepticism in emerging markets surrounding crypto exchanges, regulators are increasingly viewing the technology's transparency features as a boon for tracking — and cracking — financial crime.

 

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Commercial Card Acceptance

Is Now the Time for Suppliers to Reconsider Card Acceptance?

Boost’s John Weinrich tells PYMNTS that card acceptance can have positive ripple effects up and down supply chains, and provide cash flow improvement for buyers and suppliers alike.

 

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Data Brief: Retail Titans

Amazon's Prime Day Traffic Held Up While Walmart+ Weekend Fell 24%

New PYMNTS data finds that customer visits to Amazon for its annual summer sales event outpaced those made by customers clicking on Walmart+ Weekend as consumers went for higher ticket goods paired with the perk of free delivery.

 

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Expanding Payments Choice Playbook

Is the Ease of Automated Regulatory Compliance Worth the Cost?

In the "Expanding Payments Choice Playbook," Nearside’s Bert Friedman and Tim Wu tell PYMNTS how automated verification systems can help FIs cut a compliant path through the modern digital world, at a time when over half of companies in America have either paid regulatory fines or been exposed to unmitigated compliance risks.

 

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