Banks need to understand how they monetize realtime payments services
Currently there isn't a model for how banks should charge for realtime payments and it's hard to advocate for them without cannibalizing their credit card business
Remitly is striking the right chords with its growth strategies, as evidenced by its strong performance in the final quarter and full-year results of 2023.
CEO Matt Oppenheimer discusses how Remitly differentiates itself in the competitive money transfer market and the role of effective marketing in driving profitability.
Google is shuttering its Google Pay app in the U.S. announcing that its users will have until June 4th, 2024 to move their funds.
While Google hasn't given any explanation as to why its discontinuing Google Pay, we try to unpack the announcement to arrive at a few reasons why this may have happened.
Mastercard recently expanded collaboration with The Clearing House, with the shared goal of propelling the adoption of instant payments.
Chiro Aikat, Executive VP of U.S. Market Development at Mastercard, discusses the extended partnership's new areas of focus, strategies the RTP network is employing to appeal to a broader range of participants, and the role of instant payments in the extended payments ecosystem.
The new solution targets eliminating the disjointed experience caused by using multiple payment service providers.
JPMorgan isn't the only player offering a full-stack solution. Non-bank large payment providers like Adyen and Stripe also provide comprehensive payment services. So, what sets JPM’s solution apart?