PYMNTS

DECEMBER 10, 2019

There are the traditional hurdles that any transaction faces, including the cost of facilitating that payment, and the speed with which that transaction completes. But when transactions occur across borders, new friction points emerge, particularly around the areas of interoperability, transparency and compliance.

Cross-Border 52

Cross-Border B2B Cross-Border Payments Interoperability 52

Tearsheet

NOVEMBER 19, 2024

At the risk of the merchant: When evaluating a new payment method, merchants face a choice that has the power to impact their bottom line. If merchants perceive the cost of adoption as high, they eventually find ways to refuse a payment method, and transactions continue to happen using methodologies that are already in use.

Payments 52

Payments Debit Card Online and Mobile Banking Push-to-Card 52

Fintech News

JANUARY 7, 2024

But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for payment solutions, a new report by Emerging Payments Association Asia (EPAA) says.

Financial Inclusion 108

Financial Inclusion Innovation Payments NOV 108

PYMNTS

MAY 29, 2018

EMVCo , the global technical body that manages EMV Specifications, announced it has created a QR Payment Mark to promote global interoperability across EMV QR Code payments.

EMV 45

EMV Interoperability Payments Use Case 45

PYMNTS

DECEMBER 15, 2016

An effort, Mastercard’s Group Executive of Platforms and Emerging Payments James Anderson pointed out in conversation with Karen Webster, that has grown up alongside of both networks’ attempts to develop their digital payments platforms — Visa Checkout and Masterpass. Tokens Get Turbocharged.

Visa 95

Visa Payment APIs and Integration Credential Push-to-Card 95

PYMNTS

OCTOBER 25, 2019

24) said the companies are collaborating on a payment platform designed to accelerate payments and settlement between banks and their customers, with a focus on allowing for interoperability between existing real-time gross settlement ( RTGS ) systems and blockchain-based systems. A press release issued on Thursday (Oct.

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Settlement Distributed Ledger Technology (DLT) Blockchain 40

PYMNTS

FEBRUARY 25, 2020

“The only way you’re going to be able to do that is by enabling seamless communications, integrations and interoperability,” said Jackman. It’s for these reasons that emerging payment methods like ACH can actually add burden to business operations. There’s nothing more valuable than remittance data.

Remittance Data 69

Remittance Data Same Day ACH ACH B2B 69

PYMNTS

DECEMBER 9, 2019

” Credit unions must have access to both legacy and emerging payment rails to meet changing needs among end users. ” It’s also an area that can elevate complexity, particularly when it comes to fraud, KYC and interoperability of one nation’s payment rails with another.

Credit Union 54

Credit Union Cross-Border Electronic Funds Transfer (EFT) Distributed Ledger Technology (DLT) 54

PYMNTS

AUGUST 1, 2017

“With the increasing deployment of QR Code payment methods , it is important that the payments ecosystem provides a consistent experience for merchants and consumers ,” said Cheryl Mish, EMVCo board of managers chair in the news release.

EMV 40

EMV Payments Mobile Payments Use Case 40

PYMNTS

AUGUST 9, 2019

The second Payment Services Directive (PSD2) requires financial institutions (FIs) to provide third parties access to their payment data, but some countries and banks are implementing this faster than others. Last week, U.K.-based 14 deadline. “If The Competition. Under PSD2, all banks are required to open their APIs.

Authentication 61

Authentication Payment APIs and Integration Compliance Issuers 61

PYMNTS

DECEMBER 18, 2019

However, by using R3’s Corda Settler application, the technology will be able to integrate with additional payment rails moving forward, the company said, pointing to blockchain’s ability to accelerate and streamline the movement of funds across existing payment rails. MoolahGo Explores The Interoperability Challenge.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

Faster Payments Council

SEPTEMBER 23, 2023

Other countries, India and Brazil particularly, have illustrated the positive effect directory capability can have on faster payment adoption. Here our experts discuss the challenges and opportunities for establishing interoperable directory capabilities in the United States.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

JUNE 10, 2016

A recent white paper by NACHA , the mobile payments alliance, developed in tandem with the Payments Innovation Alliance Mobile Wallet Team, found significant value in the cloud for emerging payment solutions. The choice is a simple one: to innovate or be disintermediated.

NACHA 40

NACHA Same Day ACH Deposit Account Enrollments 40

PYMNTS

MAY 3, 2018

We soon realized that nobody wanted that app, but the payments technology behind it was unique and valuable. We pivoted to helping banks, networks, FinTechs and processors become interoperable with each other and new emerging payments systems. The plan fell apart, but what we believed we could (uniquely) do endured.

Small Business 44

Small Business Interoperability Bots Innovation 44

PYMNTS

AUGUST 4, 2017

“With the increasing deployment of QR code payment methods, it is important that the payments ecosystem provides a consistent experience for merchants and consumers,” said Cheryl Mish, EMVCo board of managers chair, in the news release.

Payments 49

Payments Online and Mobile Banking Push-to-Card Debit Card 49

Fintech Finance

SEPTEMBER 12, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Multi-Currency Interoperability 96

PYMNTS

DECEMBER 26, 2016

In a recent conversation with Karen Webster, Mastercard Group Executive of Platforms and Emerging Payments James Anderson said the effort came about as a result of both networks’ attempts to develop their digital payments platforms — Visa Checkout and Masterpass.

PayPal 44

PayPal Online and Mobile Banking Visa Federal Reserve 44