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Payments

ABA's new Emerging Payments Advisory Group will study and discuss the rapidly changing environment of payments and their associated technology. 
If it seems like everyone is doing it, it’s because everyone is doing it—mobile banking that is. Mobile banking has become the new table stakes in delivery channels. Aite Group estimates nearly 7,000 U.S. financial institutions…
Even with the acute industry focus on emerging electronic payments, one thing everybody agrees on: old-fashioned paper checks, though fading, are not going completely away any time soon.  
Mobile-device purchases of digital and physical goods are expected to exceed $730 billion annually by 2017, says Juniper Research.
While about a third of small businesses currently use mobile banking, that’s likely to increase to 54% by 2015 according to Aite research. Banks need to be ready and able not only to offer the mobile…
With all the jockeying in the payments space, keeping up with new partnerships, upstarts, and product innovations could be a full-time job. Prepaid cards, alternative currencies (Ven, Bitcoin), mobile payments, and person-to-person (P2P) payments are just…

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