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EAWG Use Case Repository Infographic

Faster Payments Council

The Education & Awareness Work Group (EAWG), sponsored by The Clearing House, developed this infographic which provides guidance on how to use the new Use Case Repository. The robust EAWG Use Case Repository contains over 130 use cases searchable by use case type.

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Mobile Payments Use Cases: Incentivizing Trial And Usage

PYMNTS

What the deal entailed was offering a 10 percent cash back bonus to all payments made via Apple Pay using a Discover card. Not that Starbucks needs any help in getting consumers to download and use its mobile payments app, but it plans to soon test an incentive that combines loyalty, prepaid and mobile.

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Beyond Queries: How ChatGPT in Banking Unleashes Innovation

Fintech News

These examples show why LLM-based AI chatbots are a game changer: before, technological solutions had to be programmed for specific use cases. But now these new intelligent models can perform a range of different tasks and thus be utilised in different use cases. The article must be included as context for the prompt.

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Juniper Research: Consumer A2A Payments – 186 Billion Transactions Globally by 2029

Fintech Finance

An extract of Global A2A Payments Market: 2024-2029 , is now available as a free download. For instance, FedNow, the US’s newest payment rail launched in 2023, has an average transaction fee of 4 cents; making this solution advantageous when compared to cards, with an average fee of 3.5% per transaction.

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U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

Fintech Finance

The Operational Considerations for Receiving Instant Payments guideline is now available for download from the FPC’s Faster Payments Knowledge Center.

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How 5G Rollouts May Get Boost from COVID-19

PYMNTS

In the maelstrom of daily life grappling with COVID-19, the rollout of 5G , the fifth-generation network that features downloading speeds reportedly 100 times faster than that of 4G, may accelerate even as economic headwinds gather. As Jessica Rosenworcel of the Federal Communications Commission told CNBC about current capacity.

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The Story of PIX.

Faster Payments Council

This white paper explains the main drivers, use cases, the future of Pix, how banks in Brazil make money with Pix and implications for the U.S. Download Paper How did the Pix instant payments scheme in Brazil become such a success?