Tag : consumer payment

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board
Digital Payments News

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board

Business Wire
by Business Wire0
Zilch turns profitable within just four years post-launch. CEO announces $130m (£100m) annual revenue run rate — 100% YoY growth. Mark Wilson, former CEO of Aviva and AIA and current BlackRock Board member, joins Zilch’s Board. Rapid revenue growth beats average UK and US tech industry growth by over 10......
Banking Digital Payments Finance Fintech Guest Posts Security

Why Cash Still Matters in Today’s Economy

Jim Petit
by Jim Petit0
As we move into an even more digitized world, where digital transactions dominate and mobile payments are on the rise, it might seem like physical cash is becoming less important. But if we look closer, cash still plays a crucial role in our economy. It offers advantages like resilience, accessibility,......
Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash
Digital Payments News

Federal Reserve Consumer Payment Survey Shows Continuation of Pandemic Trends, Including Rising Credit Card Usage and Enduring Demand to Hold Cash

Business Wire
by Business Wire0
The Federal Reserve System’s FedCash Services (FCS) released a report from its ongoing research into the payment habits of the U.S. population. The 2023 findings from Diary of Consumer Payment Choice finds that consumer payment behavior remains consistent with the early pandemic, including a shift toward credit card payments and a......
70% of Consumers Prefer Digital Payments, Onbe Future of Payments Survey Reveals
Digital Payments News

70% of Consumers Prefer Digital Payments, Onbe Future of Payments Survey Reveals

Business Wire
by Business Wire0
While nearly one third of respondents expected to increase cash usage in the 2022 survey, that figure drops to 8% in 2023, as more than 70% prefer digital payments and 60% of respondents see them as more secure Onbe, a market-leading corporate disbursements platform, published its 2023 Future of Payments......
77% Of Gen Z Are Ditching Physical Wallets to Pay by Mobile
Banking Digital Payments Digital Wallet News

77% Of Gen Z Are Ditching Physical Wallets to Pay by Mobile

Fintech News Desk
by Fintech News Desk0
Confidence in digital payments grows, as new research from Marqeta shows two-fifths of UK consumers can’t even remember their PIN Marqeta, the global modern card issuing platform, has released its 2022 State of Consumer Money Movement report looking at consumer payment, banking and shopping preferences, showing digital adoption is on the......
Arroweye Solutions' New Southern Nevada Mega Production Facility to Employ Nearly 300
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Pelican Supports Swift Low-Value Payments Project

Fintech News Desk
by Fintech News Desk0
Pelican today announced its support for SWIFT as it develops a new service for low value cross-border payments. This new service will enable banks to provide fast, easy, predictable, and frictionless cross-border payments for consumers and small and medium enterprises (SMEs). The service is expected to be ready by end......
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