Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
Event Date | Thu Oct 14 EDT (about 3 years ago) |
Region | All |
Online bill payment volume has nearly doubled to 9.5B transactions annually over the last decade. If you haven’t been following the ongoing shift for online bill pay market share, here’s the current score: Direct billers capture 76% of all online bill payments, (up from 62% in 2010), compared to 22% for financial institutions (down from 38% in 2010) and 2% for big tech/fintech (with momentum building).
Online bill pay for financial institutions was once considered a coveted sticky service that delivered strong customer convenience and retention. Now, for many financial institutions, it’s considered a commoditized and expensive cost center as consumers have been flocking to direct biller and big tech/fintech sites who have done a great job at making it even easier for consumers to access and pay their bills. Join Aite-Novarica and a panel of leading industry executives from Citizens Financial Group, PayPal, and Payveris, a division of Paymentus, for an engaging discussion that explores the future of bill pay and how a customer-centric approach drives value for all parties.
2021 Speakers
Talie Baker
Senior Industry Analyst, Aite-Novarica
Lamont Young
Head Coach of Digital and Costumer Experience, Citizens Financial Group EVP
Ryan Jones
Sr. Manager of Global Partnerships, Paypal
Marcell King
Chief Innovation Officer, Payveris
2021 Sponsor
• Payveris