PYMNTS

OCTOBER 2, 2019

Whether they’re waiting to receive government payments, wages or rebate checks from online retailers, consumers increasingly demand that funds be sent instantly. Businesses, banks and payment providers worldwide are innovating the way disbursements are sent and received to better serve the needs of this group of consumers.

On-Demand 49

On-Demand Instant Payments Online and Mobile Banking Checks 49

Fintech Finance

DECEMBER 13, 2023

“With the state-of-the-art technology supplied by ACI Worldwide, we are in a strong position to drive the real-time and digital transformation of Colombia’s payments ecosystem as part of our journey towards a modern, digital, and financially inclusive economy,” Villar continued.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

The Fintech Times

OCTOBER 26, 2024

Future applications for open banking in Saudi Arabia may include better risk assessments for variable income, more efficient government payments, and pre-filled mortgage applications. Buy now, pay later (BNPL) was a common example, with the hope that open banking APIs could improve credit assessment for these services.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration API 59

PYMNTS

OCTOBER 19, 2020

Digital payments form a critical facet of the world’s economy, facilitating the flow of tens of trillions of dollars among individuals and businesses each year. However, the sheer number of cross-border payments belies the challenges that individuals and companies face when conducting them.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Correspondent Bank Technology 77

PYMNTS

AUGUST 21, 2020

Thus far, he said other banks’ research has shown — and shared — insights on how to move money on one chain, and security on another, but ensure that payments are delivered. The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Neopay

SEPTEMBER 26, 2024

On 5th September, the Payment Systems Regulator’s (PSR) 2023/24 Annual Report and Accounts has been published, looking back on a year of delivery that will see numerous benefits for everyone who uses payment systems. The PSR also consulted on Faster Payments proposals to enable a phased rollout of VRPs.

Cross-Border 52

Cross-Border Faster Payments Payee Consulting 52

PYMNTS

JUNE 2, 2020

While individuals can typically file claims and check the status of payments online, some requests for new passwords are being sent through — you guessed it — the U.S. Add it all up and the stage may be set then for more modern ways to get government payments to recipients, chiefly through digital means.

Checks 53

Checks Federal Reserve Governance Government 53

PYMNTS

MAY 28, 2020

The need to offer more for individuals and SMBs in the digital economy has long existed, Hernandez told Webster, and the emergence of a global pandemic has created the tipping point necessary for businesses and consumers to begin to really embrace change. Instant push payments replace the days of waiting that are common with ACH transfers.

Visa 61

Visa Consumer P2P ACH 61

PYMNTS

MAY 11, 2020

In PYMNTS’ May 2020 Disbursements Tracker® done in collaboration with Ingo Money , an assortment of methods are assessed for their value in getting CARES Act payouts to people and businesses faster, at a decisive moment for the United States and its legendary economy. Betting on Faster Payments.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

PYMNTS

JANUARY 24, 2020

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The Bank App Feature 54.1 Percent Of Consumers Agree They Want.

Online and Mobile Banking 60

Online and Mobile Banking Office of the Comptroller of the Currency Central Bank OCC 60

Core

JUNE 16, 2023

To keep pace with the rapidly evolving expectations of consumers across a wide range of demographics, we offer the following payment solutions: Text-2-Pay Online Over the counter Kiosk eBilling Automatic/recurring IVR Learn how to meet citizens’ needs in today’s experience economy. The post What Is an Electronic Billing System?

Governance 52

Governance Government Process Electronic Payment Processing 52

CB Insights

DECEMBER 4, 2019

Payments made with Amazon Pay spiked following service expansion to new geographies — France, Italy, and Spain — and to new verticals, including government payments, travel, insurance, entertainment, and charitable donations. However, Amazon has had some missteps with Amazon Pay.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech News

FEBRUARY 11, 2025

GovPay was developed by the Information and Communication Technology Agency (ICTA) and LankaPay under the oversight of the Central Bank of Sri Lanka (CBSL), with support from the Ministry of Digital Economy. The platform aims to modernise revenue collection, improve transparency, and enhance digital governance.

Government Payments 85

Government Payments Governance Government Central Bank 85

The Fintech Times

JANUARY 21, 2025

However, Tanzania also has one of Africa’s fastest-growing economies, with some interesting plans for further bolstering this growth. The country aims to diversify its economy, transitioning to lower-middle-income status, with a robust annual gross domestic product (GDP) growth averaging seven per cent since 2000.

FinTech 59

FinTech Online and Mobile Banking Bots Authorization 59

PYMNTS

JANUARY 18, 2019

While President Donald Trump authorized federal government workers to receive back pay when the shutdown is over, employees of vendors with government contracts are not guaranteed the same safety net. Reports said the impact on government vendors is large enough to make a measurable impact on the national economy.

Shutdown 71

Shutdown Governance Government Payments 71