Source: en.wikipedia.org
The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. But according to Pradheep Sampath, chief...
Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...
Making instant payments in the European Union (EU) just became much easier. The European Council on Monday (Feb. 26) adopted a regulation making instant payments available in euros to...
Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so...
Payment technology provider Numeral has launched support for Swift payments. This move enables Numeral’s customers to benefit from both Swift’s global reach and local payment schemes’ speed, lower cost...
Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. He...
Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...
The future of digital payments is, in many ways, already here. What is left is the need for businesses to adapt to this rapidly shifting...
An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Claire Greene, payments...