The Finance Weekly

DECEMBER 12, 2021

Companies may use data to make better decisions, gain a better understanding of market trends and customers, create smarter products and services, improve corporate operations, and generate new revenue streams. But what does this mean for those tasked with evaluating the return on investment of a data strategy and business use cases?

Use Case 227

Use Case Privacy Assessments Returns 227

Fintech News

DECEMBER 22, 2024

By combining expertise and tools, Visa aims to expand its fraud prevention use cases and strengthen the security of global payment systems. The collaboration will leverage the companies’ combined knowledge, methodologies, and tools to deliver enhanced fraud protection services for businesses and consumers.

Fraud Detection 107

Fraud Detection AI Fraud Prevention Value Added Service 107

Fintech Finance

DECEMBER 12, 2024

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. Visa Direct reaches 99% of bank accounts in the US, and over 11 billion endpoints including cards, accounts and digital wallets around the world.

Funds Availability 98

Funds Availability FPC Accounts Debit Card 98

Bank Automation

FEBRUARY 21, 2025

The top 50 banks around the world have deployed AI for 167 use cases to improve efficiency and drive consumer experience within their operations.

Use Case 59

Use Case AI Automation Posting 59

Fintech Finance

FEBRUARY 20, 2025

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Use Case Expansion: Businesses are most interested in leveraging faster payments for eCommerce (54%), point-of-sale transactions (51%), and invoicing/supplier payments (41%).

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Clearly Payments

OCTOBER 31, 2024

From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. Cost : RTP services are low-cost or free for consumers, typically around $0.50 They remain a staple payment method globally. handled $1.6

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

The Payments Association

NOVEMBER 20, 2024

Embedded consumer payments have already proven the transformative power of embedded finance, streamlining transactions, boosting conversions, and fueling revenue growth. This isn’t a peripheral add-on; it’s the future of commerce. Companies that embrace it now will dominate their industries, while those that don’t may not survive.

Embedded Finance 88

Embedded Finance Use Case B2B Finance 88

NFCW

APRIL 4, 2024

. “Additionally, when compared to other payment options including contactless cards, QR codes, and cash, consumers rated NFC contactless as the most secure, most convenient, most reliable, and easiest way to pay in-person,” the NFC Forum says.

Consumer 122

Consumer Contactless Payments Use Case Research 122

Fintech Finance

DECEMBER 19, 2024

This will bolster Visas fraud protection capabilities and enhance security for its customers and consumers worldwide. Over the coming months, Featurespaces product portfolio will be incorporated into Visas existing offering, expanding the available range of fraud prevention solutions and use cases.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

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 64

Use Case AI Innovation CHIPS 64

NFCW

JANUARY 23, 2025

The STEVAL-25R200SA kit incorporates ST’s new ST25R200 reader/writer IC and is designed to help engineers “quickly build proof-of-concept models to demonstrate convenient short-range wireless communications for device pairing, configuration setting, or product authentication to ensure brand protection,” ST says.

ISOs 107

ISOs Authentication Use Case Product 107

NFCW

MARCH 6, 2025

Emerging use cases will continue to drive future growth, for instance, as businesses increasingly harness and expand their deployments in recognition of the wider sustainability benefits that RAIN can offer. The RAIN Alliance is working to support and accelerate the integration of RAIN technology into mobile devices.

CHIPS 70

CHIPS Use Case Continuity Compliance 70

Open Banking Excellence

MARCH 15, 2024

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data.

Use Case 147

Use Case Non-Bank Consumer Accreditation 147

Fintech News

FEBRUARY 10, 2025

In this article, we cover the developments between Agentic AI in fintech and possible use cases, giving a glimpse into how financial services could look like in the near future. Ensuring AIs transparency in decision-making processes is vital to avoid opaque outcomes that might not be easily understood or disputed by consumers.

AI 76

AI FinTech Fraud Detection Fraud Prevention 76

Fintech Finance

JUNE 17, 2024

In this new role, Scott will oversee the company’s expansion into new markets, drive consumer engagement and accelerate the adoption of its innovative open banking solutions. Commenting, TrueLayer Co-Founder and CTO Luca Martinetti said: “Lisa’s exceptional track record in taking products to market and consumer engagement speaks for itself.

Consumer 95

Consumer Alternative Payment Methods PayPal Use Case 95

The Payments Association

FEBRUARY 14, 2025

The idea behind open banking was to give consumers more control over their finances and encourage healthy competition in the financial services sector. The goal was to allow consumers to share financial data with trusted providers, offering more choices and better products. The open banking promise: What was it meant to deliver?

Credit Cards 88

Credit Cards IBAN Transactions Use Case 88

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.

Use Case 130

Use Case API Fraud Prevention Risk 130

Fintech Finance

SEPTEMBER 9, 2024

Vendors must capitalise on this opportunity and offer merchants A2A-specific solutions that enhance consumer payment experiences like VRPs, improving satisfaction and rewarding repeated payments.” Therefore, as adoption and use cases develop, cost-efficient A2A payments are likely to disrupt the card-dominated US market.

Research 93

Research Transactions Consumer Instant Payments 93

The Fintech Times

NOVEMBER 18, 2024

Customers will be able to set up a pool for free in the PayPal app and contribute to an existing pool at no cost using their PayPal balance or linked bank account. PayPal understands this and aims to make those moments easier,” explained John Anderson , GM, SVP of consumer at PayPal.

PayPal 64

PayPal Encryption CHIPS Use Case 64

Fintech Finance

MARCH 20, 2025

These landmark numbers show that 2025 will be a critical turning point for open banking solutions like Pay by Bank as use cases grow and expand into more markets. Consumer demand is driven by the need for fast, convenient, and secure payment methods. This can reduce the need for manual data entry and the risk of fraud.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Payments On-Demand Instant Payments 59

Fintech Finance

FEBRUARY 13, 2025

Zelle has announced that in 2024 the network reached 151 million enrolled users and helped American consumers and small businesses send over $1 trillionthe most money ever sent by a person-to-person payments service in a single year. billion, a 25% increase from the prior year.

Zelle 87

Zelle Credit Union Scams Small Business 87

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 Finance

APRIL 4, 2025

.” Many businesses today operate on unique workflows for accounting and payments that often require manual data transfers between applications, which is error-prone and time-consuming. From day one, the team was focused on the customer use cases they were eager to enable,” said Sean Matthews, co-founder of Left Hook.

Automation 87

Automation Payment APIs and Integration Payments Blocks 87

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

The Payments Association

FEBRUARY 10, 2025

Currently, large enterprises are the primary users, while small businesses and consumers have shown limited adoptionlikely due to unclear policies on customer eligibility and risk exposure. Data shows that vIBANs are primarily used by large financial firms, with minimal adoption among small businesses and individual consumers.

IBAN 88

IBAN AML Master Account Due Diligence 88

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

Fintech Finance

FEBRUARY 17, 2025

With this launch, users will be able to tokenize their cards on the PhonePe App, and use the card tokens seamlessly across all use cases on PhonePe such as Bill Payments, Recharges, booking travel tickets, making insurance purchases, making payments on Pincode, as well as at Online Merchants where the PhonePe Payment Gateway services are integrated.

Transactions 59

Transactions Security Debit Card Payment Gateways 59

Fintech News

DECEMBER 9, 2024

However, this embrace of the new is not without a cautious side, as Singapore carefully balances innovation with robust regulation and consumer protection. The trials have explored use cases ranging from foreign exchange (FX) to debt capital markets, providing valuable insights into the practical implementation and challenges of tokenisation.

Cryptocurrency 114

Cryptocurrency Cross-Border Consumer Protection Facilitators 114

Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. For consumers, real-time payments provides instant access and confidence in making payments anytime, anywhere. This encompasses a variety of aspects.

Instant Payments 119

Instant Payments RTP Visa TCH 119

The Fintech Times

AUGUST 14, 2024

A new report from Visa has revealed why generative AI is booming in Singapore and how consumers are using the tech. In its Visa Consumer Payment Attitudes Study, Visa found that consumers are becoming increasingly aware of the potential of generative AI (gen AI).

AI 75

AI Consumer Fraud Detection Payments 75

PYMNTS

SEPTEMBER 28, 2020

India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD). Deora said those are all products the company can build out in-house and offer up to consumers in a fully regulated environment. Today, we have about 200 developers who are live on Paytm.

Mobile Payments 135

Mobile Payments Payments Use Case Contactless Payments 135

The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

MAY 22, 2024

FinTech Australia is gearing up to host its second annual Consumer Data Right (CDR) Summit, setting the agenda for the regime ahead of a broader consumer rollout. The post FinTech Australia Prepares to Spotlight Consumer Data Rights at Second Summit appeared first on The Fintech Times.

Consumer 64

Consumer FinTech Use Case Visa 64

The Fintech Times

DECEMBER 12, 2024

With the pilot open banking solution, customers will be able to authorise payments directly from their bank accounts to businesses on a recurring basis using the Ordo variable recurring payments (VRP) offering. Furthermore, the expansion of VRPs is expected to reach full-scale implementation in the UK in 2025.

Facilitators 72

Facilitators Payments AI Blockchain 72

Fintech Finance

FEBRUARY 20, 2025

As pay-ins and payouts become increasingly instant and adoption increases across more use cases, keeping funds secure is more important than ever, said Aron Alexander, CEO of Runa. By automating fraud prevention, Runa Assure lifts the burden off finance and operations teams, eliminating the need for time-consuming investigations.

PCI DSS 87

PCI DSS Security Payment APIs and Integration MFA 87

Tearsheet

FEBRUARY 27, 2025

Crypto solutions for consumers & merchants While PayPal focuses on attracting new users, its also encouraging its existing consumers and merchants to integrate crypto into their transactions to drive wider adoption. We plan to continue to deliver more use cases for merchants and consumers around the world, says Zabaneh.

PayPal 72

PayPal Payments Privacy Digital Currency 72

The Fintech Times

APRIL 11, 2025

Many businesses today operate on unique workflows for accounting and payments that often require manual data transfers between applications, which is error-prone and time-consuming. From day one, the team was focused on the customer use cases they were eager to enable, said Sean Matthews , co-founder of Left Hook.

Automation 59

Automation Payment APIs and Integration Consulting Blocks 59