Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed...

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Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024  |  Cross-border Payments

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of...

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72% of Trucking Companies Expect Digital Payment Systems
72% of Trucking Companies Expect Digital Payment Systems
December 09, 2024  |  Shipping

The trucking industry is crucial to the national economy, transporting more than 72% of freight by weight. Outdated payment methods, however, hinder efficiency, prompting the...

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New Report: Instant Digital Disbursements Cut Through Government Red Tape
New Report: Instant Digital Disbursements Cut Through Government Red Tape
December 09, 2024  |  Money Mobility

What would a fully digital government payment system look like — and why does it matter? For citizens, government payments often mean waiting: waiting for...

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Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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Equifax and Mastercard Partner on Fraud Management in Latin America
Equifax and Mastercard Partner on Fraud Management in Latin America
December 05, 2024  |  Partnerships

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. This collaboration will make these tools available to Mastercard business...

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Recent Funding Rounds Signal PayFac’s Rising Star
Recent Funding Rounds Signal PayFac’s Rising Star
December 05, 2024  |  Payments Innovation

Platforms are rapidly forging their own ecosystems — matching supply and demand, buyers and sellers, sometimes on a global scope. In other cases, they serve...

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Adyen and Intuit Team to Speed Payments for UK Small Businesses
Adyen and Intuit Team to Speed Payments for UK Small Businesses
December 04, 2024  |  B2B Payments

QuickBooks maker Intuit has launched a collaboration with Dutch payments firm Adyen. The partnership is designed to help small and medium-sized businesses (SMB) in the U.K. more...

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Mastercard Says the Checkout Revolution Will Be Optimized … by AI
Mastercard Says the Checkout Revolution Will Be Optimized … by AI
December 04, 2024  |  Payments Innovation

Digital commerce is growing at a staggering pace. Online transactions have more than doubled over the past four years, placing a new urgency on ensuring...

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