The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. EVO Payments Wields Visa Rails for Merchants.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

JANUARY 30, 2020

According to a new report from PYMNTS and Mastercard, Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments , more than two-thirds of executives surveyed say that they’re “very” to “extremely” aware of RTP, and over 85 percent are now implementing RTP, or plan to, over the next three years.

RTP 58

RTP Use Case Real Time Payments Credit Union 58

PYMNTS

MARCH 21, 2017

The on-demand revolution is well under way, fueled by innovators like Amazon and Uber as well as the move to online and mobile channels. The idea for Bringg began back in 2010 during the on-demand and logistics revolution as it happened, Sion said. Each company’s use case is different. Enter Bringg.

On-Demand 52

On-Demand B2C Use Case Adjustments 52

Fintech Finance

JULY 30, 2024

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. Eric Smith, AppBrilliance’s Founder and CEO.

RTP 98

RTP FedNow RFP Payment APIs and Integration 98

Fintech Finance

SEPTEMBER 17, 2024

With over 30 years of banking and payments experience, Elliff has a strong track record of innovating and building intrapreneurial ventures and high-growth businesses while at NatWest Group and JP Morgan Chase. I’m excited to get started as we continue to scale this innovative business to more customers, geographies and sectors.”

Disputes 59

Disputes Multi-Currency Issuers Fraud Prevention 59

Fintech Finance

MARCH 15, 2024

The FedNow User Group aims to facilitate regular engagement between FRFS and FedNow participants to promote innovation and inform the continued evolution of the service.

Federal Reserve 52

Federal Reserve FedNow Participant Instant Payments 52

PYMNTS

MARCH 17, 2020

To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs — especially incumbent FIs — are facing rapid changes in payments that demand they modernize payments processing, embedding new functionality along the way. The Challenges Of Multi-Channel Payment Innovation.

Cross-Border 91

Cross-Border Innovation Payment APIs and Integration Cross-Border Payments 91

PYMNTS

DECEMBER 31, 2020

Key Data Points: 46 percent of SMBs experienced an increase in demand for their products or services. 35 percent of retail businesses have experienced an increase in demand. 56 percent of restaurants with customers who are using mobile order-ahead features more often have experienced increased revenues. 31 percent bank via app.

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

The Fintech Times

MAY 19, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. In this case, those pioneers are working on web3 and metaverse applications. Currently, the only business use case for Web3 is the Play-to-Earn industry.

Metaverse 69

Metaverse Blockchain Use Case On-Demand 69

PYMNTS

MAY 16, 2019

That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products. It’s a mix of mass, frenzied activity and personalization.

Visa 68

Visa Innovation Issuers Payments 68

Fintech Finance

JULY 15, 2024

Thunes , a global money movement innovator, has appointed Sigrid Hulsebosch as its Chief Financial Officer. Sigrid Hulsebosch, CFO of Thunes , commented: “Thunes is in a strong position as a leader in cross-border payments in a rapidly growing market, with increasing demand worldwide and new use cases for real-time and transparent payments.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Treasury Use Case 97

Fintech Finance

AUGUST 1, 2024

Our clients, both new and old, are driving strong transaction growth, through a combination of market expansion and increasingly innovative financial services solutions,” said Jim McCarthy, Chief Executive Officer at Thredd. 2024 continues to build on the robust foundation we established in 2023.

BNPL 93

BNPL FinTech B2C Payment Networks 93

PYMNTS

APRIL 13, 2020

The demand for mobile disbursements comes as more consumers rely on their smartphones for their financial needs. Millennials are among the top financial app users: 94 percent of surveyed millennials use P2P apps like Venmo and Zelle. B2B Payment Innovation Struggles. The Mobile Disbursements Landscape.

Innovation 93

Innovation B2C B2B P2P 93

Finovate

AUGUST 13, 2024

Leveraging innovations in data linkage and entity resolution technologies, Knights Analytics enables businesses to build a solid data foundation from which they can accelerate business processes and derive actionable insights. Last month, Lucinity won the 2024 ICA Award for Innovation in Financial Crime Prevention for its Luci copilot.

Financial Crimes 59

Financial Crimes Crime Compliance AI 59

Finovate

SEPTEMBER 16, 2024

In both instances, greater digitization and enabling technologies like AI and machine learning, are empowering businesses to better know and serve their customers, build innovative solutions and services, and secure their operations and their customers’ data against cybercrime. What were some of your key takeaways? What are its goals?

Consumer 59

Consumer AI Embedded Finance Automation 59

Fintech News

JULY 7, 2024

Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade. This substantial economic boost underscores the transformative power of digital technologies in driving growth and innovation across the ASEAN member states.

Database 111

Database Economy On-Demand Innovation 111

PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them. ”

Treasury Management 79

Treasury Management Treasury Innovation Blockchain 79

PYMNTS

DECEMBER 31, 2020

How ‘Contact Us’ And The Kardashians Ignited Afterpay In The US. While steady progress is being made, especially with individual consumers, to eliminate the use of paper checks, much work is still needed on the corporate front. The other is technological innovation. Is 2020 Healthcare’s Year To #KillTheCheck?

Innovation 115

Innovation Payments Shutdown On-Demand 115

Finovate

MAY 13, 2024

The rise of enabling technologies such as AI will both steepen customer expectations as well as accelerate competition between companies to effectively deploy new, innovative solutions. The insurance business is ripe for innovation. With regards to the state of insurtech, there is still a great deal of hesitation among investors.

AI 119

AI Federal Reserve Underwriting Risk 119

Fintech Finance

JUNE 5, 2024

This innovative system facilitates instant payments between individuals and businesses, thereby reducing reliance on cash-based transactions and expanding the use of digital payments to Peru’s large unbanked population. It also reflects on our commitment towards advancing digital public goods across the globe.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. About the same share — or 60.9

Innovation 66

Innovation On-Demand Technology Product 66

PYMNTS

JANUARY 21, 2020

The question for the 2020s, and the focus of her remarks at the big show in New York last week, is about innovations itself — what is truly leading in innovation and what constitutes being a laggard? The latter is innovative; the former is, well, just a tweak. Testing Innovation . The answer, she noted, is complex.

Visa 67

Visa Innovation Consumer Product 67

PYMNTS

MAY 12, 2020

To that end, according to Scott Young, PSCU ’s vice president of innovation, credit unions (CUs) seeking to cement customer loyalty through tech-driven innovation need to keep one mantra top of mind: “Easy is the new loyalty.”.

Credit Union 64

Credit Union Innovation Credit Union Service Organization Point-of-Sale (POS) 64

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World. “The evolving nature of cross-border payments demands a proactive approach.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Clearly Payments

DECEMBER 18, 2023

These key trends are set to redefine how consumers and businesses engage with payments, introducing innovation and unparalleled convenience. Real-time cross-border transactions are hurtling towards us, powered by blockchain and other innovations. AI is in the early days, but it is moving extremely quickly.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

The Fintech Times

DECEMBER 7, 2023

Banking has transcended its traditional confines, forging innovative partnerships that prioritise convenience and accessibility. In this guest post, Ellis offers a perspective on the profound opportunities that arise from collaborating with non-financial brands and fintech companies to meet the ever-changing demands of customers.

Embedded Finance 111

Embedded Finance Finance Non-Bank On-Demand 111

The Fintech Times

JANUARY 24, 2024

Digital assets and digital currencies continue to grow in popularity and demand. As regulations evolve to meet this demand, firms like R3 , the distributed ledger technology (DLT) and services provider, are looking to make adoption as seamless as possible.

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Product Digital Currency Interoperability 64

The Fintech Times

JUNE 25, 2024

Our customers are the world’s largest banks, consumer brands, gaming companies, fintechs, startups, and enterprises that leverage the Fireblocks platform and network to create innovative products on the blockchain and manage their digital asset operations. What are some of your recent achievements you’d like to highlight?

Blockchain 59

Blockchain Visa Use Case FinTech 59

Fintech News

MAY 21, 2024

A recent report by SBI Digital Asset Holdings (SBI DAH) sheds light on the growing interest and adoption of these innovative financial instruments among institutional investors. Institutional Investors Surging Demand for Digital Assets The SBI DAH report highlights a notable surge in institutional demand for digital assets.

Settlement 131

Settlement Cryptocurrency Blockchain Digital Currency 131

Fintech News

FEBRUARY 27, 2024

The partnership is set to deliver digital banking and Banking-as-a-Service (BaaS) solutions designed to meet the growing consumer demands efficiently and cost-effectively. By integrating both innovative technologies we are empowering banks and financial institutions to navigate the complexities of modern banking with confidence.”

Facilitators 85

Facilitators On-Demand Use Case API 85

Fintech Finance

DECEMBER 12, 2023

Consumers can use this solution, which is already operational, throughout the European Economic Area thanks to Visa’s global network and RevoluPAY’s technology and license. This innovative solution arrives amidst a growing trend among consumers favouring digital payments and demanding new methods for seamless money transfers.

P2P 52

P2P Near Real-Time Facilitators Payments 52

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. Foundry Ballroom) Payment networks need volume to scale and keep costs low.

FPC 88

FPC RFP Federal Reserve Faster Payments 88

PYMNTS

NOVEMBER 8, 2017

Financial institutions need to be actively exploring use cases for real-time payments within their own organizations for meeting the requirement of their customers. FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

JANUARY 21, 2021

In the bid to hasten their digital transformation, when it comes to innovation , financial institutions (FIs) may benefit from an “app store” approach as they weigh existing and new solutions. In a nutshell: If banks don’t innovate in a way that is imaginative and proactive, they will lose customers.

Payment APIs and Integration 121

Payment APIs and Integration Due Diligence On-Demand Money Laundering 121

Wharton Fintech

FEBRUARY 29, 2024

This innovation enables banks, fintechs, and anti-fraud platforms to authorize more transactions, detect and prevent fraud, and create innovative products and services. This innovation enables banks, fintechs, and anti-fraud platforms to authorize more transactions, detect and prevent fraud, and create innovative products and services.

Database 52

Database Fraud Detection FinTech Authorization 52

Fintech News

APRIL 16, 2024

Digital banking is on the horizon, with the first digital banking licenses slated to be issued by mid-2025 and expected to bring about enhanced customer experiences, heightened competition and increased innovation. The BOT expects initial use cases under the new policy to be implemented in 2025.

FinTech 111

FinTech Bots Central Bank Innovation 111