Frequent debit card use makes it difficult to keep a diligent check register that accounts for pending payments. Behaviorally informed personal finance apps and smart checking account features have already begun to remove some of the uncertainties posed by recurring cash management challenges, just as smart meters have taken much of the gambling out of parking.

When it comes to “small dollar credit,” overdraft is the elephant in the room. The inexplicability of overdrafting — of why a small group of people seems willing to pay so much for transactions that could be easily avoided — has been the subject of policy debates within our industry for some time.

Working in the consumer payments business, you learn a lot about your customers from the timing of their bill pay traffic.

By Financial Health Network Hamed Shahbazi is the Founder and CEO of Tio Networks, a multi-channel payment solution provider specializing in bill payment services and other financial services through a variety of automated self-serve, retail point-of-sale, mobile and web-based methodologies processing approximately 50M transactions worth roughly $6 billion in payments annually in the United States….