Electronic Bill Payment

President Trump nominated Stuart Levenbach to be the new permanent director of the Consumer Financial Protection Bureau. Levenbach is a senior official at the Office of Management and Budget. Acting director Russell Vought’s term is set to expire in December under the Vacancies Act.  Toast Inc. said it will grant $10,000 to …

The fintech Atomic Financial announced its launch of PayDirect, a service that it says lets consumers view, manage, and pay bills directly from a bank or fintech app. Zip Co Ltd., a payments-app developer, announced it is working with Forage Technology Corp., a processor for government benefits, on a plan to waive …

New research from Datos Insights found that credit and debit cardholders globally made 1.1 trillion purchases worth $45.5 trillion in 2024. Buy now, pay later provider Splitit launched its Agentic Commerce Partner Program, an invitation-only effort to bring card-linked installment payments to autonomous shopping agents. Some 86% of restaurant operators are comfortable with the …

The I-485 express lanes in North Carolina are the first U.S. highway to adopt connected tolling, allowing in-vehicle devices to collect tolling information and make payments, according to system provider Indra Sistemas S.A. Consulting firm Infosys Ltd. said it is working with Mastercard Inc. to offer what the parties say is enhanced access …

PayLaterr Inc., a bill-payment platform provider, has partnered with Experian to use the credit bureau’s advanced identity and behavioral analytics for fraud detection and to help consumers make better budgeting decisions. PayLaterr says it will integrate Experian’s fraud-detection tools and alternative credit-data solutions into its identity-verification and decision-making processes. PayLaterr …

Consumers are increasingly turning to same-day and real-time payment channels for paying their bills, ACI Worldwide’s 2025 Speedpay Pulse report finds. Overall, 3 in 10 consumers have paid a bill using a same-day or real-time payment channel in the past 12 months, the report says. Gen Zers are the most …

Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH network, The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association, have submitted comments to the Treasury Department …

Plaid Inc., the open-banking technology provider, will be the first Cross River Bank client to enable a much-desired request-for-payment function for real-time payments, Cross River announced Monday. As part of The Clearing House Payments Co. LLC’s RTP network, request for payment allows businesses to send a secure request for payment, …

While consumers remain extremely loyal to their primary peer-to-peer payment brand, opportunities exist for other brands to gain share of wallet as a secondary brand, as consumers use more than one P2P service to ensure they can send and receive money across their entire social network, a recent study by …

The Consumer Financial Protection Bureau may revisit its new open banking rule, according to a report on Bloomberg Law, which indicated the review likely comes as banks ask about the potential liability for data breaches and being able to charge for access to their data. Bloomberg said it’s uncertain if the existing rule …