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. Many respondents also reminded us that we have not reached an ideal state with the need for interoperability again perceived as key to success."

Faster Payments 68

Faster Payments FPC Interoperability Cross-Border 68

Stax

APRIL 18, 2024

ISVs, or Independent Software Vendors, are businesses that develop and distribute software products to end-users. ISV software products are tailored to meet the specific needs of industries and users. Customer Support In-house support teams maintain direct relationships with end-users for assistance.

ISVS 88

ISVS Payment APIs and Integration End User On-Demand 88

The Fintech Times

JUNE 8, 2024

As part of the partnership, Onafriq will implement the VGS card reveal capability for its new ‘Credential Show’ feature, which is where both organisations will securely collect and store Primary Account Number (PAN) data and display a complete card number, expiration date, and CVV to end-users when requested.

Security 64

Security FinTech Credential Interoperability 64

PYMNTS

SEPTEMBER 21, 2016

Through NACHA’s Countdown to Same Day ACH podcast series, we’ve explored what Same Day ACH is all about, the myriad of use cases and applications it’s designed to deliver and if corporations and businesses are truly ready for the change. banks and credit unions the ability to better serve their customers.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

Faster Payments Council

FEBRUARY 18, 2021

The Real-Time Recurring Work Group will promote the development and adoption of real-time recurring payment solutions to be used by business end users and financial institutions. The list of use cases for real-time recurring payments has grown substantially in recent years.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

Faster Payments Council

SEPTEMBER 23, 2023

Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. Thise session envisions the art of the possible for commerce use cases in the U.S. The US does not lack directory capability – we have an overabundance of it!

FPC 88

FPC Federal Reserve RFP Faster Payments 88

Fintech Review

SEPTEMBER 17, 2024

Integrating native USDC and CCTP enhances Sui’s utility, security and interoperability for users and developers, with the intent of bringing more liquidity to the network, streamlining transactions, and improving market efficiency across the ecosystem.

Stablecoins 52

Stablecoins Blockchain Interoperability Caps 52

Fintech Finance

JUNE 3, 2024

This is where Onafriq and VGS securely collect and store PAN (Primary Account Number) data and display a complete card number, expiration date, and CVV to end-users upon their request.

Innovation 52

Innovation FinTech Security Credential 52

PYMNTS

DECEMBER 3, 2018

With the SCT Inst scheme, he noted, end users can transfer up to €15,000 ($17,004 USD) between accounts 24/7, with a maximum 10-second time frame. The overarching theme, though, is one of interoperability. This represents over 49 percent of European PSPs, said the executive. The Spark, Then Ignition.

Instant Payments 62

Instant Payments ISO 20022 Online and Mobile Banking Use Case 62

PYMNTS

AUGUST 17, 2017

Regardless of end user, said Weir, as an individual bank, “choosing who can consume [what data] and what you expose via API and under what conditions” are important decisions, and those decisions will probably remain within the banks’ purview for the foreseeable future.

API 76

API Online and Mobile Banking Credential NACHA 76

PYMNTS

DECEMBER 26, 2019

As Swami told PYMNTS, open source could spark more payments innovation in the coming decade, as more players involved in payments look to affordable, interoperable and collaborative solutions that are relatively easy to scale — in this case, helped along by cloud computing technology and the work of developers to improve payments technology.

ATM 53

ATM Payments Fraud Prevention Fed 53

PYMNTS

MAY 7, 2018

The overarching theme in transactions, wrought via wrist – whether payments or payloads of personal ID, as Webster noted – is not just about the consumer experience, but also about enabling the consumer experience in a way that preserves the safety and security of the individual’s information, regardless of use case. Want an analogy?

Credential 44

Credential Use Case Issuers Interoperability 44

PYMNTS

OCTOBER 1, 2018

Bitcoin’s use cases — enabling criminal activities and fueling speculation — helped it build critical mass as a processing platform for distributed ledger tech (DLT). It’s why bitcoin and blockchain are inextricably used — and often conflated. Innovation By Any Other Name. It’s a curious position to take.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

DECEMBER 7, 2017

Typically, financial institutions (FIs) are a tougher sell than end users when it comes to new money-moving products. Designed for small business owners, these components can also be useful for landlords collecting rent payments, charity functions, church groups, organized sports and other use cases, said Maoloni.

Irrevocability 40

Irrevocability Payment APIs and Integration P2P Online and Mobile Banking 40

The Fintech Times

APRIL 11, 2024

By leveraging BaaS solutions, neobanks gain the ability to offer cutting-edge and user-friendly financial services tailored to meet the evolving needs of their client base. “The modularity, interoperability and seamless integration of BaaS have also proven to be powerful drivers of innovation in sectors beyond banking.

Embedded Finance 75

Embedded Finance Non-Bank Online and Mobile Banking Financial Inclusion 75

The Fintech Times

FEBRUARY 27, 2024

“As fraudsters start to use AI for nefarious purposes such as deep fakes, banks will quickly need to address these threats to protect their customers by developing their own AI systems. Soon, payments will be instantaneous, cheap, frictionless and interoperable, able to move along and across different payment rails.

Consumer Protection 69

Consumer Protection Stablecoins Payments Trends Consumer 69

PYMNTS

MAY 28, 2018

Hall feels the most challenging part is portability, or achieving interoperability with a single strong identity that is valid anywhere. He said ID.me’s answer has been a mix of pricing and the ability for end users to take the identity created with early partners to use at other sites. Then, there are trust issues.

Credential 43

Credential Verification Authentication Interoperability 43

The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. This added transparency would bring cross-border functionality to domestic instant payments, aligning with the G20s roadmap and providing end users with a payments experience that is fast and secure.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

The Payments Association

APRIL 14, 2025

It introduces a richer, more structured data format for payment messages, designed to enhance interoperability, increase efficiency, and reduce ambiguity in financial communications. Engage in industry-wide testing phases, scheduled to begin in January 2027, to validate readiness and interoperability with other market participants.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

PYMNTS

MARCH 7, 2016

Because we’ve all seen what happens when we let the shiny new toy syndrome (aka what’s best for the innovator and not the end user) drive innovation. Prepaid is another product category that sounded good to innovators but perhaps less compelling, at least so far, to the intended end user. Take checkout.

Online and Mobile Banking 46

Online and Mobile Banking Payments Same Day ACH Financial Inclusion 46