Gen Z Has More Credit Cards—and Uses Them More—Than Other Generations
Younger consumers in Texas are more likely to own credit cards than previous generations at the same age, and they tend to use them more frequently. While this can lead to more delinquencies, it could also result in higher credit scores over time. The Federal Reserve Bank of Dallas recently examined the credit card habits […]
Payments as a Service (PaaS): The Fast Track to Payments Modernization
Tue, Mar 11, 2025 1:00 PM – 2:00 PM EST Register Now The rapid evolution of Payments as a Service (PaaS) offers financial institutions a compelling solution for modernizing payment infrastructure. PaaS enables secure, scalable, and cost-efficient payments processing in the cloud, reducing the burdens associated with legacy systems. This webinar will delve into the […]
SoftPoint Adds Facial Recognition Amid Growing Biometric Authentication Adoption
Point-of-sale system provider SoftPoint is adding facial recognition solutions to its network of retailers, in the latest integration of biometric verification in retail applications. This integration will utilize BigBear.ai’s Trueface facial recognition software for payments at banks, restaurants, convenience stores, and event venues. One of the main reasons for incorporating biometrics is to mitigate fraud […]
The Downside of Not Offering Real-Time Payments
There have been remarkable strides toward U.S. real-time payment adoption in recent years, driven by growing demand among businesses and consumers. As the long-awaited ubiquity of instant payments draws closer, the financial institutions that have yet to adopt this nascent payment method face tremendous downsides. In a recent PaymentsJournal podcast, Justin Jackson, Head of Enterprise […]