Fintech News

OCTOBER 23, 2024

Amidst the pandemic constraints in 2019, the migration was completed in just nine months. In Vietnam, SmartPay started with C2B payments as transfers within its mobile wallet ecosystem, and later introduced QR code payments for both old and new merchants. By now, it has expanded its portfolio from one to two million merchants.

Acquirers 118

Acquirers C2B Online and Mobile Banking Risk Assessment 118

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

NOVEMBER 6, 2018

Demand is also heating up for real-time gross settlement (RTGS) systems. Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish. USD) per transaction. To read the full story, download the Tracker.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

MARCH 18, 2019

It’s been reported that TCH had 36 banks on board RTP at the end of 2018, and expects that number to reach 1,000 by the end of Q1 2019 – about two weeks from today. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. No date has been given for that process.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

OCTOBER 23, 2019

To hasten that adoption, In two recent examples, Mastercard said earlier this week that it is piloting a new service with PNC Bank called Payment on Delivery (which replaces, and should not be confused with, cash on demand, or COD). Real time, ready for prime time? Adoption of any new payments service does not happen overnight.

Visa 41

Visa Real Time Payments Online and Mobile Banking Payments 41

PYMNTS

APRIL 16, 2020

The COVID-19 pandemic’s impacts are already being felt across various business sectors, and efforts to reduce its spread are sending ripple effects through supply chains and shifting B2B and consumer-to-business (C2B) payment practices. Floundering Global Demand. The Pinch Of Interrupted Chinese Production.

On-Demand 52

On-Demand Online and Mobile Banking B2B Push-to-Card 52