PYMNTS

OCTOBER 15, 2020

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.” But he pointed to a use case that might be a bit under the radar. Interoperability In Focus .

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech News

MARCH 25, 2024

Swift’s CBDC sandbox is aimed at testing the interlinking solutions for CBDCs, focusing on more sophisticated use cases like digital trade, tokenised assets, FX networks, and payment systems. They show that institutions can continue to use much of their existing infrastructure alongside new, innovative technologies.”

CBDC 107

CBDC SWIFT Interoperability Settlement 107

Fintech News

APRIL 7, 2024

The stablecoin aims to improve the customer experience in payments and represents a significant use case in emerging markets for stablecoin disbursements. Brad Garlinghouse “This is a natural step for Ripple to continue bridging the gap between traditional finance and crypto. said Brad Garlinghouse, CEO of Ripple.

Stablecoins 120

Stablecoins Use Case Blockchain Regulatory Compliance 120

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Fintech Finance

SEPTEMBER 13, 2024

As instant payments continue to transform the payments ecosystem, financial institutions face unique challenges in adapting their systems and processes to this new real-time paradigm. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech Review

SEPTEMBER 11, 2024

The Web3 Foundation , in partnership with Scytale Digital , has led the seed funding round for Hyperbridge , a groundbreaking protocol poised to transform blockchain interoperability. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains.

Interoperability 52

Interoperability Blockchain Authentication Security 52

PYMNTS

AUGUST 10, 2020

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. In addition, he continued, FIS has brought its first bank onto the platform, and shortly 400 banks will have access to RTP. Expanding The Use Cases.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Fintech News

AUGUST 12, 2024

DBS’ blockchain is compatible with the Ethereum Virtual Machine (EVM) and integrates with its core payments system, enhancing interoperability with various industry payment infrastructures. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.

Treasury 96

Treasury Blockchain Cross-Border Payments Multi-Currency 96

Fintech Finance

AUGUST 14, 2024

We have already seen successful use cases on our Whale platform in areas such as instant tax refund services and SME cross-border payments, and we will continue working together with industry partners and leveraging blockchain technology to enable more open and inclusive cross-border payments.”

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech Finance

OCTOBER 15, 2024

The RoPay service is being gradually rolled out, as participating banks introduce new features and cover more use cases, while users get accustomed to the service. The first available use is for proximity-based person-to-person (P2P) payments.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

PYMNTS

NOVEMBER 27, 2019

That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same. A lack of interoperability between local payment networks is among the largest of those hurdles, said Halpin. The Community Approach to Ubiquity.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

JANUARY 28, 2021

With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Evolving Use Cases. Digital assets are no longer a futuristic pipe dream in modern economy. It’s not a zero-sum game.”.

Treasury 84

Treasury Cross-Border Cross-Border Payments Interoperability 84

Tearsheet

APRIL 22, 2024

Visa+ will continue rolling out with participating platforms in the US throughout 2024, flexing our Visa+ capabilities to adapt to unique client needs,” Vikram Modi, head of Visa+ told Tearsheet. The post Visa+ expands its availability for PayPal and Venmo users across the US appeared first on Tearsheet.

Venmo 98

Venmo PayPal Payment APIs and Integration P2P 98

Fintech Finance

JULY 24, 2024

With experience and focus on innovative payment services across Real-Time Payments (RTP® and FedNow®), ACH, card solutions and alternative payment rails, Carl is well-positioned to support the FPC’s continued growth and innovation in faster payments.

Faster Payments 97

Faster Payments FPC FedNow RTP 97

Fintech Finance

APRIL 15, 2024

This strategic partnership combines VoPay and Mastercard’s shared vision to eliminate payment inefficiencies, which means innovating using fast-paced technology and building cutting-edge end-to-end solutions for consumers and businesses that are scalable.

Visa 92

Visa Electronic Funds Transfer (EFT) Near Real-Time Cross-Border 92

Faster Payments Council

NOVEMBER 3, 2019

Collaboration with Glenbrook Partners Uncovers Key Industry Views on Faster Payments Advancements; Need for Ubiquity, Interoperability, Strong Dispute Resolution The U.S. Industry Support for Interoperability Survey respondents were asked how important it is to achieve interoperability across compatible faster payments systems in the U.S.

Faster Payments 68

Faster Payments FPC Interoperability Payments 68

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. cross-border ambitions continue to increase.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

NOVEMBER 10, 2020

Banks must understand that shift in order to uncover the most valuable B2B use cases, he said – and that means not only embracing new payments technology, but also adopting new business models that can address the shifting needs of corporates. Uncovering The B2B Use Cases. A Payments Culture Shift.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech 107

FinTech Cross-Border CBDC Web 3.0 107

Faster Payments Council

JUNE 28, 2021

While it represents a significant portion of payment value, cross-border transactions can be complex, involving a number of different players, can take some time to reach the intended recipient, and lack interoperability. It will take continued education, dialogue, feedback, and consensus to get us there. We hope you'll join us.

Cross-Border 68

Cross-Border Faster Payments Cross-Border Payments FPC 68

Faster Payments Council

FEBRUARY 2, 2022

The FPC conducted the latest survey of payments system stakeholders to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States. This current installment of the Faster Payments Barometer illustrates that faster payments adoption continues to rise.

Faster Payments 68

Faster Payments FPC Interoperability Cross-Border 68

Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. It has now completed its first experiment using DLT, giving the monetary authority a glimpse into the potential merits of the tech.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

PYMNTS

AUGUST 7, 2019

For Mastercard, the acquisition furthers the continued strategy to move well beyond cards and deepen its presence in account-to-account activity and extend its position beyond credit and debit cards. The Use Cases. The second use case on offer revolves around bill presentment and payment.

Visa 77

Visa Acquirers Real Time Payments ISO 20022 77

Fintech Finance

OCTOBER 30, 2024

As part of Fnality’s vision to develop a regulated FMI that addresses a variety of pain points across the financial market, these successfully settled margin transfers are a first step in exploring the potential use of £FnPS for cleared margin payments in the future, subject to further regulatory analysis.

Distributed Ledger Technology (DLT) 96

Distributed Ledger Technology (DLT) Liquidity Management Central Bank Payments 96

PYMNTS

JUNE 14, 2019

But despite intelligence of things (IoT) solutions being put to use in many cases, the field continues to be hampered by security issues. As users and manufacturers struggle to sufficiently secure connected solutions, companies are bringing IoT to more and more use cases. Get the full scoop in the Tracker.

Regulations 64

Regulations Interoperability Wire Wires 64

PYMNTS

OCTOBER 2, 2019

The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. Interoperability is Key.

Instant Payments 63

Instant Payments Interoperability Cash Management Cross-Border 63

The Payments Association

MARCH 18, 2025

As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. The development of open finance and open data frameworks is expected to continue influencing the structure of payments and financial services globally.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Payments Association

MARCH 17, 2025

While maintaining robust authorisation criteria, introducing a more precise and transparent "rubric marking guide" for firms and proportionate continuous monitoring will signal to the market that the FCA is ready for more new entrants to drive growth in the sector.

Regulations 88

Regulations Risk Stablecoins Payments 88

Clearly Payments

JANUARY 4, 2024

Each cryptocurrency operates on its own underlying technology and has unique features that may cater to different use cases. It is likely that this trend will continue barring any regulatory hurdles. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Fintech News

JUNE 19, 2024

This means that unlike a lot of digital assets, whose practical applications might not be known for some time (if ever), stablecoins have begun to show demonstrable real-world use cases. Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 111

Stablecoins Cross-Border Cross-Border Payments Blockchain 111

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

Faster Payments Council

FEBRUARY 6, 2022

This month, the FPC released the results of the third installment of the Faster Payments Barometer, the annual survey that gauges progress and perceptions around faster payments, use cases, trends, and challenges. That, combined with the fact that we are making great strides in advancing U.S. At the FPC, we won't settle either.

Faster Payments 68

Faster Payments Cross-Border Payments Cross-Border FPC 68

PYMNTS

OCTOBER 2, 2019

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. The financial institutions in the U.S.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

FEBRUARY 1, 2021

Another few dozen banks will be joining the instant payments scheme this year, said Camporeale, which pushes percentage of accounts that could use instant payments to 90 percent by the end of 2021. Considering that it’s not mandatory” for FIs to join the SEPA scheme, said Camporeale, “it’s a good result.”.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100