Digital Payments

Digital Payments
September to Remember for Tokenized Deposits?
September 24, 2024

The last days of the third quarter are upon us, the waning days of the month, too. And it’s shaping up to be a September to remember for tokenized deposits. Tokenized deposits exist as digital holdings — not to be confused with stablecoins, a form...

Digital Payments
Digital Wallet Providers Face Uphill Battle Defining the Technology
September 19, 2024

Digital wallets are table stakes for most consumer across five major markets (Brazil, France, Germany, Brazil, the U.K. and the U.S.). In fact, 86% of consumers say they are familiar them. However, some are using them without quite knowing what they are. For example, just...

Digital Payments
Mastercard Focuses Data Initiative on Business and Customer Intelligence
September 19, 2024

One of the more reasonant insights from the PYMNTS Intelligence “How The World Does Digital” report can be found in the differences between the countries we surveyed. Brazil, for example, is engaged at a higher level than any other country. France is riding an aggressive...

Digital Payments
One Size Fits All Misses the Digital Payments Mark
September 18, 2024

Ask 10 people what the concept and execution of “digital engagement” mean, and you’ll get 10 different answers. For Serena Smith, chief client officer of i2c, it means digital-first customer engagement. Individuals and companies around the globe demand digitally issued cards and payments choice, and...

Digital Payments
85% Of Gen Z Prefers Digital Payments to Cash
September 13, 2024

The financial sector is at a pivotal moment, driven by a shift in consumer preferences and technological advancements. A PYMNTS Intelligence report “Tapping Into the Future of Payments” explored how the rise of digital payments, especially among younger generations, is transforming the traditional banking landscape,...

Digital Payments
Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride
September 10, 2024

Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a public health measure in mid-2020 has evolved into a transformative force in the payments industry, impacting cards, digital wallets and...

Digital Payments
Boomers Go Digital: The Surprising Rise of Digital Wallets Among Brazil’s Older Consumers
September 05, 2024

Consumers in Brazil are embracing their digital wallets for making payments. Almost half of consumers use them for paying bills, for example. Surprisingly, it is the country’s baby boomers and seniors who are the most active digital wallet users when paying bills — and for...

Digital Payments
Tech for Good: Boosting Nonprofit Success With Digital Payments and Subscription Models
September 05, 2024

When it comes to payments, no one gets a hall pass. Not even a nonprofit gets one. In fact, the world of charitable giving offers a microcosm of the challenges and opportunities for platforms seeking to bring payments fully into the digital age.  “At the...

Digital Payments
Ingo Payments Acquires Deposits Inc. to Redefine Money Mobility for Banks and Corporates
September 04, 2024

There’s moving money and then there’s money mobility. One represents the current state of how money moves in and out of accounts. The latter is the cornerstone of today’s announcement that money mobility platform Ingo Payments has acquired cloud-based banking platform Deposits Inc. The Deposits...