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Visa On Capturing The Digital Payments Opportunity In Latin America

PYMNTS

The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. In a region where 80 percent of transactions are still carried out in cash, penetration remained low, and digital payments remained a tough sale. Tokens In The Cloud.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

5 Ways Digital Payments Will Change FIs and Fraud in 2023. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. And the digital payments landscape made a global-scale impact, both positive and negative which FIs now must deal with. FICO Admin.

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Clearing Up Instant Payments No ‘Stop Payment’ Confusion

PYMNTS

Ingo Money CEO Drew Edwards told Karen Webster that instant payments pose just such an attraction to fraudsters who hope to not only exploit security holes to get paid, but to get paid faster than ever before. . But Edwards said he doesn’t believe the fact that fraudsters can leverage instant payments is a point against the idea.

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When Instant Payments Are Just Payments

PYMNTS

Driven by faster phones, ingenious apps and sheer market force, the move to instant is pushing the boundaries of what’s possible with payments, opening up new worlds of risk and reward. Inspecting the “up-and-to-the-right” growth curve of instant payments , it’s no shock how many players want in. Making Money Fast.

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Bridging The Gap Between Appearance And Reality Of Instant Payments

PYMNTS

Payments people love to talk about rails — whose rails are the fastest, cheapest, most secure, most accepted, most compliant. Although there are many flavors of “instant” payment offerings in the market today, Edwards noted, a lot of what looks instant to the consumer isn’t. Consumers, not so much.

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How ‘Me2Me’ Became FinServ’s New ‘Sticky’

PYMNTS

From investing to storing funds to making payments, the bank offered the total financial services bundle. Flexibility and instant payments are synonymous in this context because the customer needs to be able to move their money around how they want and when they want.”. The customer is approved and voila!

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The State Of Faster Payments: ‘Early Innings’

PYMNTS

Might the state of faster payments be described as “conflicted?”. That can be a problem when, by and large, payments as an industry still operates through what might be termed as “a batch process.” Even if you take faster payments out of the equation, there are a number of rails,” he said. Where We Are Now.