Faster Payments Council

JULY 21, 2020

Faster Payments Council (FPC), in partnership with Glenbrook, today released the research white paper, "Faster Payments and the Potential to Transform Consumer Bill Pay." Given these findings, the FPC and Glenbrook positioned bill pay as the subject for a second round of qualitative research.

Faster Payments 68

Faster Payments FPC Research Consumer 68

PYMNTS

JANUARY 21, 2020

PYMNTS research helps illustrate some of those recent developments. Commerce operators such as Macy’s and Timberland , for instance, are showing how to use virtual reality-equipped smart mirrors for such tasks from product testing to checkout. In fact, according to PYMNTS research, virtual reality will generate some $1.8

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Use Case Addressing Research Technology 84

The Fintech Times

SEPTEMBER 3, 2024

Recent Morgan Stanley research projects generative AI’s power demands will increase by as much as 75 per cent annually over the next several years, which would put it on track to consume as much energy in 2026 as Spain did in 2022.

Use Case 65

Use Case AI Innovation CHIPS 65

Fintech Finance

NOVEMBER 28, 2024

The report outlines several potential use cases for spendable benefits cards, such as use in employee-engagement platforms, reward and recognition platforms, traditional HR platforms and new employee-centric super apps. To meet these expectations, new approaches, powered by modern retail payments technology, are required.

Embedded Finance 97

Embedded Finance Finance Technology Debit Card 97

Fintech Finance

JANUARY 22, 2025

Brite launched its Instant Payments offering in Germany in 2024, where research indicates that two-thirds of consumers are already familiar with A2A payments in part due to the legacy of early A2A innovators such as Sofort and are open to trying new online payment methods.

Product 98

Product Instant Payments Online and Mobile Banking Payments 98

The Fintech Times

APRIL 30, 2024

Research from Juniper Research , the fintech market researchers, has found that due to open banking and the rise of account-to-account (A2A) payments, the instant payments market will grow by 161 per cent. A2A wallets are popular for peer-to-peer transfers, often used for informal lending and repayments to friends and family.

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Research Transactions Instant Payments P2P 76

PYMNTS

NOVEMBER 3, 2020

But it's not only consumers driving demand for real time. In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange.

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Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. The number of adults using Open Banking in the UK represents around 10% of the adult population. A suboptimal allocation of fraud liabilities to ASPSPs and consumers. We have some way to go.

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Use Case API Fraud Prevention Risk 130

Nanonets

MAY 10, 2024

Gathering information about any of these is known as market research.    Whether you are launching a new product or improving an existing one, market research is necessary to understand the market trend and user perception. The biggest challenge that market researchers face is gathering all this data.

Research 52

Research Use Case Automation Legal 52

The Payments Association

JANUARY 22, 2025

Airlines already have mobile boarding passes generated at check-in to expedite boarding, and some work has been done within the airline mobile application; United is a good example use case, eliminating a traditional ID requirement at check-in including baggage. Previously, these exchanges relied on in-person verification.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech News

JANUARY 21, 2025

A new report by Twimbit, a Singapore-based research and advisory firm, highlights the state of open finance in Southeast Asia, exploring the different factors such as regional integration, technological innovation, evolving business models, and API monetization that are fueling the growth of the sector.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

The Fintech Times

SEPTEMBER 9, 2024

In fact, according to new research from Juniper Research , the fintech and payments markets researcher, the payment method could rise from 60 billion transactions in 2024 to 186 billion by 2029. The 209 per cent increase was recorded in Juniper Research’s How Open Banking Is Driving A2A Payments report.

Research 59

Research Transactions Instant Payments FedNow 59

PYMNTS

JANUARY 30, 2020

It’s not just the speed of payments that’s important, but also the data that payment operators gain as more consumers use faster forms of digital and mobile transactions. The growth of real-time payment options has helped build a new standard among consumers,” noted Villarreal. Bigger RTP Trends.

RTP 58

RTP Use Case Real Time Payments Credit Union 58

Fintech Finance

APRIL 30, 2024

The research shows that fintechs and smaller banks play an increasingly significant role in the real-time payment ecosystems of the world’s leading markets. Constant Flow of New, User-Friendly Use Cases: Real-time payments thrive in countries where innovative use cases have found mass adoption by consumers or businesses.

Real Time Payments 52

Real Time Payments Use Case Transactions Cross-Border 52

PYMNTS

SEPTEMBER 13, 2019

Rampant data breaches have left consumers on edge about digital fraud. In fact, recent PYMNTS research shows that most consumers believe they can do a better job of identifying and protecting themselves against fraud than their FIs, with 71.2 percent of consumers cite this use case), paying merchants and contractors (64.5

Consumer 66

Consumer Authentication Mobile Banking On-Demand 66

PYMNTS

NOVEMBER 25, 2020

Instant Paychecks Should Get Consumers Interested. But Ranta added that when it comes to the consumer, the critical use cases that could spur wider adoption aren’t there quite yet. "We We have not seen the use cases or the digital overlay services rolled out,” he noted. consumers).

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Real Time Payments RTP FedNow TCH 114

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. Developing better financial products for consumers and opening new funding channels for companies will all help the recovery.”. Researchers also highlighted the opportunities for global corporates.

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Instant Payments B2B Innovation ISO 20022 129

NFCW

JANUARY 11, 2024

Already one of the most energy efficient and low e-waste wireless technologies to connect products, the NFC Forum community is proud to announce its next tangible steps towards researching, learning and advancing our sustainable thinking and approach to do even more,” says Mike McCamon, executive director of the NFC Forum.

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Product CHIPS Use Case Regulations 124

The Fintech Times

DECEMBER 12, 2023

But as financial institutions (FIs), fintechs and banks ponder the potential of the technology, 30 per cent of UK consumers do not trust it at all; FIS , the financial services technology provider, has revealed. Despite this, consumer trust in the technology remains low.

AI 65

AI Consumer Use Case Research 65

PYMNTS

OCTOBER 15, 2020

There may be some tailwind, he said, as recent research has shown that the coronavirus can live for weeks on banknotes and other surfaces. Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.”

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

The Fintech Times

DECEMBER 3, 2024

Beforehand, there was an interim review carried out by members of the Rulebook Development Group , representing the views of consumers, retailers and payment service providers. Up to date At the same time, the ECB has been conducting new user research and experimentation activities to gather insights into users’ preferences.

Central Bank 59

Central Bank Participant Procedures Risk Management 59

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. So, how will consumers (and some businesses) pay? #1:

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

NOVEMBER 13, 2020

Real-time payments (RTP) methods aren’t much use if few people understand what they are, where to find them and how to use them. PYMNTS’ research reveals that a fair share of consumers do not fully understand what real-time payments are or which payment methods support real-time transfers. A surprising 36.2

Real Time Payments 56

Real Time Payments RTP Consumer P2P 56

Faster Payments Council

AUGUST 23, 2024

Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees. We will wrap up with an interactive session for feedback on our research efforts.

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FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

NOVEMBER 28, 2019

India’s Minister of state for electronics and IT (MeitY) has announced that the government is drafting a national framework to expand the deployment of blockchain use cases. And Tata Consultancy Services has also rolled out a multi-brand consumer loyalty platform on R3’s enterprise blockchain Corda.

Blockchain 63

Blockchain Research Use Case Governance 63

Fintech Finance

OCTOBER 28, 2024

“We are committed to identifying new and highly impactful ways to make DailyPay’s platform relevant, meaningful, and easy to use for our customers and their everyday needs,” said Jack Rubin, SVP of Consumer Financial Solutions at DailyPay. Sending payments overseas with the click of a button, safely and quickly is one such example.”

Real Time Payments 94

Real Time Payments Credit Cards Use Case Research 94

Fintech Finance

APRIL 5, 2024

The study, conducted by ABI Research highlights the accelerating migration from physical to digital wallets, with more than 80% of those surveyed confirming that they have used a smartphone or smartwatch to make contactless payments. 53% confirmed they do so multiple times each week. “The Learn more and register to attend here.

Research 40

Research Technology Contactless Payments Use Case 40

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. More than two-thirds of consumers (68.1 Among consumers, instant payments accounted for a little more than one in 10 of those disbursements (14 percent). Consumers disagree.

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Instant Payments Payee Same Day ACH Non-Bank 122

FICO

JULY 12, 2020

Hot off the press today is a FICO-commissioned research study on artificial intelligence and how Chief Analytics Officers (CAOs) and Chief Data Officers (CDOs) are responding to the current pandemic, economic uncertainty, and renewed focus on social justice. 1 – Many Organizations Are Not Yet Monitoring their Predictive Models for Drift.

Research 52

Research AI Audit Governance 52

Fintech Finance

JUNE 3, 2024

Discover Global Network®, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives from merchants and consumers. Consumers in both North America and EMEA are driving in-store spend.

Consumer 52

Consumer Contactless Payments Payments Research 52

PYMNTS

NOVEMBER 19, 2020

With all of the problems and challenges 2020 has thrown at us, the last thing anyone needs is a nagging perceptual rift between payees and payers about what “instant” means. The majority of consumers, at 58.4 Be that as it may, the research finds a lot of room for improvement in the velocity of funds. “[The] Yet, there it is.

Instant Payments 94

Instant Payments Non-Bank Payer Payments 94

CB Insights

NOVEMBER 19, 2020

Applications are now open for our first-ever Blockchain 50 , a list of the most innovative companies that are applying or analyzing blockchain technology to solve business or consumer problems. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

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Blockchain Bitcoin Use Case Privacy 101

PYMNTS

OCTOBER 10, 2019

Real-time payments are currently among the hottest trends and topics in the payments industry — a source of significant investment and regulatory attention, as financial institutions and other players strive to meet consumer demand for faster money movement. Fresh PYMNTS research has dug into the issue. That’s a huge benefit.”.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

Clearly Payments

DECEMBER 18, 2023

These key trends are set to redefine how consumers and businesses engage with payments, introducing innovation and unparalleled convenience. The appeal lies in the seamless and secure experience they offer, with consumers relishing the speed and merchants benefiting from reduced checkout times and transaction costs.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

PYMNTS

OCTOBER 9, 2020

According to research from solutions provider iKala , social commerce orders in the first half of 2020 more than doubled, while gross merchandise value (GMV) grew three-fold compared to 2019. This is an example of impulse buying directly linked to videos, which has potential to be a successful future use case,” the report said.

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Use Case Facilitators Innovation Addressing 88

PYMNTS

NOVEMBER 5, 2020

Innovating on the point of sale (POS) for consumers isn’t a one-shot deal. Because over the last six months, the consumer commerce journey has changed quite widely. Because over the last six months, the consumer commerce journey has changed quite widely. Consumers were not staying digital because it was the only game in town.

Innovation 110

Innovation Point-of-Sale (POS) Push-to-Card Payments 110

The Fintech Times

JULY 17, 2024

Is there much change from a consumer’s standpoint? Research from takepayments , the UK card payments solution, explored how much consumers were using mobile wallets and Apple Pay to pay for products in person and found it to be the second highest payment method (20 per cent), only behind contactless payments (48 per cent).

Card Issuer 116

Card Issuer Payments Contactless Payments CHIPS 116