consumer payments

House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
House Votes to Repeal CFPB Rule Covering Consumer Payment Apps
April 09, 2025  |  CFPB

The House of Representatives passed a Congressional Review Act resolution Wednesday (April 9), overturning the Consumer Financial Protection Bureau’s (CFPB) rule, “Defining Larger Participants of...

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Dimon: Consumer Payments ‘New Battleground’ for Banks
Dimon: Consumer Payments ‘New Battleground’ for Banks
April 07, 2025  |  Banking

Consumer payments have become a “new battleground” for banks, JPMorgan Chase Chairman and CEO Jamie Dimon said Monday (April 7) in his annual letter to...

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Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
Zelle Marks $1 Trillion Milestone as P2P Payment Use Jumps
February 12, 2025  |  Payment Methods

Last year appears to have been a landmark one for peer-to-peer (P2P) payment app Zelle. During 2024, American consumers and small businesses transmitted more than $1...

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ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday
ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday
December 02, 2024  |  Consumer Payments

The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued...

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Construction Accident Triggers $106 Million Italian Payments Outage
Construction Accident Triggers $106 Million Italian Payments Outage
December 01, 2024  |  Consumer Payments

Italy has reportedly restored an outage to its payment services that hindered Black Friday sales. The disruption on Nov. 28 and 29 had been restored...

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Digital Wallets: New Report Bridges Gap Between Awareness and Usage
Digital Wallets: New Report Bridges Gap Between Awareness and Usage
October 01, 2024  |  Digital Payments

Consumers across five major markets — Brazil, France, Germany, the United Kingdom and the United States — are generally familiar and satisfied with the experience...

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

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...

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Entrata Teams With Flex as Renters Seek Digital Payment Solutions
Entrata Teams With Flex as Renters Seek Digital Payment Solutions
September 17, 2024  |  Consumer Payments

Entrata, an operating system for multifamily communities, has teamed with financial wellness solutions provider Flex. The collaboration, announced Tuesday (Sept. 17), lets residents divide their...

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

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...

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