Young Travelers Are Turning Toward Digital Wallets
Travel payments continue to shift toward digital wallets, especially among younger travelers. More than half of Gen Z and millennial travelers booked their most recent trip on a mobile device, while a third used a laptop or desktop computer. In contrast, less than half of Gen Xers booked their last trip via mobile, and only […]
Canadians Have Adopted Instant Payments, but Fraud Concerns Linger
Most consumers in Canada use instant payments and will continue to do so, but fraud remains a top concern. A recent FICO report found that 91% of Canadians have sent a real-time payment, with 87% planning to maintain or increase usage over the next year. However, more than two-thirds would feel reassured if banks could […]
ACH Has Best Year on Record, Driven By Accelerating Same Day ACH Adoption
Amid constant speculation about the future of payments technology, the ACH Network had its best year yet. The ACH Network processed more transactions, moved higher dollar values, and established more use cases for businesses and consumers. With new initiatives on the way designed to increase security and foster innovation, the ACH Network’s impressive growth could […]