Fed: Card payments, mobile wallets showed strong growth in 2022
Credit and debit card payments continued to grow in 2022, reaching 153.3 billion transactions and $9.76 trillion in value, according ...
Tag: Mobile payments
Gleaning super app insights for U.S. banking
These applications are designed as dynamic ecosystems, providing comprehensive solutions that cater to a wide range of user needs.
Study: Smartphones preferred for online financial activity
Study authors recommended that financial institutions prioritize robust multichannel authentication strategies, including offering options for routine and infrequent online transactions.
CFPB proposes to supervise nonbank payment providers
The CFPB has taken steps to regulate large nonbank firms that provide digital payments services, including P2P payments, mobile wallets, ...
KeyBank Survey: Consumers feel financial stress, embrace digital tools
Amid growing financial stress and economic pressures, just 33% of Americans reported feeling savvy about their finances, compared to 43% ...
Podcast: How #BanksNeverAskThat helps protect bank clients against fraud
The latest incarnation of ABA's award-winning #BanksNeverAskThat anti-phishing campaign returns in October. The season premiere of the ABA Banking Journal ...
J.D. Power: Debit, credit card use still outpacing alternative payment methods
Debit and credit card transactions continue to lead the way in payments transactions over digital payments alternatives, according to recent ...
NACHA releases guide addressing contractual considerations of voice payments
The reference guide, created by NACHA’s Payments Innovation Alliance, provides background on the importance of terms and conditions when offering ...
ABA to policymakers: Don’t undermine private-sector payments innovation
In a statement for the record of a House Financial Services Committee task force hearing, ABA urged lawmakers to “remain vigilant and deliberate” ...
ABA Foundation, FTC release consumer education infographic on payment app scams
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with information to help consumers protect themselves ...
