article thumbnail

Getting real about real-time payments in the United States

Accenture

Conrad leads our core payments practice in North America. Case in point: 96 percent in North America say consumer-to-business payments are already becoming more instant. ³. The United States is an instant payments laggard compared to the rest of the world. Digital technologies have conditioned us to crave immediacy.

article thumbnail

Restaurants slash mobile ordering fees as America takes shelter

Payments Dive

As restaurants across the United States shutter dine-in locations and switch to carry-out and delivery-only options, many fast casuals are discounting or totally waiving delivery fees in an effort to not only help keep their businesses alive but to do also make it easier for Americans to access food.

America 307
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In Latin America, Ripple Makes Remittance Waves

PYMNTS

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. and Spain send money to the United States across One Pay FX. That app, the site noted, uses xCurrent software.

America 212
article thumbnail

How Nearshore Software Development Can Still Work in Highly Regulated Industries

Perficient

While compliance with industry-specific regulations may dictate that certain work must remain within the United States, companies within financial services, healthcare, and government can still benefit from utilizing nearshore resources strategically. based companies in a variety of regulated industries. Infrastructure.

Software 508
article thumbnail

Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. We have been very encouraged by the initial results of our center redesigns and expansions,” said Aron Levine, head of Consumer Banking and Investments for Bank of America.

America 128
article thumbnail

Bank Of America Patent Details Wallet Security System

PYMNTS

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. As it stands, Bank of America is said to have won 36 applications for blockchain patents with 31 pending.

America 108
article thumbnail

Trade groups file lawsuit in Texas federal court challenging CFPB final credit card late fee rule and ask for preliminary injunction

CFPB Monitor

The plaintiffs in the lawsuit are the Chamber of Commerce of the United States of America, Fort Worth Chamber of Commerce, Longview Chamber of Commerce, American Bankers Association, Consumer Bankers Association, and Texas Association of Business. . Continue Reading

Texas 78