The Fed’s plans for real-time payments
In December 2019, the US Federal Reserve announced plans to develop a 24/7/365 real-time payments (RTP) and settlement service called FedNow. The service is expected to launch sometime between 2023 and 2024, with the intention... Read More
Top payment trends of 2019
2019 marked several new and different ways in which people pay for goods and services. Smartphones and other smart devices gained traction, such as virtual assistants like the Amazon Echo and Google Home. On... Read More
Why customers are drawn to ACH payment solutions
Amid the rising usage of digital payments, ACH payments are growing more popular as well. In fact, 2018 saw a 137% increase in same-day ACH transactions over the previous year. This growth makes sense since ACH payments (also called eChecks) were created as electronic... Read More
The ABCs of payments
Asking a customer to swipe their card to complete a transaction is easy enough, but the vast networks that authorize and process that payment are quite technical and complex. It... Read More
Why reporting matters in payments processing
Payment acceptance and management doesn’t come to a sudden end once a transaction is complete. There’s so much businesses can learn by analyzing customers’ buying patterns and habits after purchases. And... Read More
Payments security doesn’t have to be spooky
Werewolves howl into the night and zombies amble down the street, but one thing you don’t have to fear during Halloween season is payments security. The risk of a data... Read More
