Early Warning Blog

Explore the Future of P2P Transactions at Payments 2017

Posted by Early Warning on Apr 18, 2017

From April 23-26 we'll be in attendance at PAYMENTS 2017, an event that aims to provide payments professionals with a unique forum to debate and explore pressing issues and opportunities in the financial world today. During the four-day conference, we’ll take part in a number of activities to showcase our proven financial technologies and highlight what we’re doing to create the future of payments.

Here’s what we have planned...

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Topics: Payments, Faster Payments, Real-time Payments

Going Head-to-Head in Digital P2P Payments in the U.S.

Posted by Talie Baker, Retail Banking & Payments Analyst at Aite Group on Mar 15, 2017

People have engaged in person-to-person (P2P) payments for centuries–beginning with the barter system, through the invention of money and checks, and in the digital age, in which funds can be exchanged electronically via online and mobile applications. The size of the U.S. P2P payments market is driving intense competition between financial institutions (FIs) and alternative P2P payment services. Many FIs now offer P2P payment services as part of their overall digital banking experience in an effort to remain at the center of the consumer’s financial life. Alternative P2P payment services offer innovative digital P2P payment experiences to attract consumers, build a strong customer base, and drive revenue through other value-added products and services. Although digital P2P payment capabilities have been around for at least a decade, they have been slower to take off with consumers than media coverage might suggest, and research reveals that the digital P2P payments business is the FIs’ to lose.

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Topics: Payments, P2P, Faster Payments, Real-time Payments