Mobile bill payment use is growing rapidly among U.S. consumers, with 27 million U.S. online households now paying at least one bill from their phone, up nearly 70% over 2013. However, new research shows they use an average of three different payment methods each month.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Jacqui Segura, Vice President of Merchant Solutions for UniteU.
American Express announced it is kicking off a research pilot to study consumer savings behaviors using the Serve software platform. This research pilot can help identify new ways to promote saving and explore whether certain behavioral interventions are effective in increasing consumer savings.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Citi ThankYou Premier Sailing magazine ad.
The provider of the first gift card offering stock, Stockpile, is partnering with Yodlee to offer two new programs.
The City of Virginia Beach has launched a new, mobile-optimized bill presentment and payment solution. Citizens can view and pay their bills online, 24/7, and receive email notifications when bills are available.
Boubyan Bank has launched its “Mini Bank” concept for the first time in Kuwait. The Mini Bank is powered by NCR Interactive Teller, which enables Boubyan’s centrally located video tellers to remotely deliver 95% of the teller services typically available at a traditional branch, across expanded hours and location.
College credit card agreements are down 70% since Congress passed new disclosure requirements in 2009. In recent years, there has been a steady decrease in both the number of college credit card agreements and open accounts.
Palo Alto, CA-based Bill.com has introduced Fast Pay, enabling SMBs to pay and get paid faster, allowing precise cash flow management. Now, SMBs in particular can rely on a seamless digital solution without the hassle of going to the bank to send wire transfers or scheduling pickups by FedEx or UPS.
The second largest bank by deposits in Colorado and largest locally owned bank, today announced a person-to-person (P2P) payments system as the newest tool in its robust mobile banking application. With this addition, FirstBank becomes the most recent bank to offer P2P payments through the clearXchange network, providing customers with an easy way to send and receive money via their mobile devices.
Manhattan Beach has delivered another payments anomaly in the current payments ecosystem. Cause Payments automatically contributes a portion of every credit card transaction processed to a charity or school of the merchant’s choice.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features James Nevels a new member of the First Data Board of Directors.