PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. European Central Bank Outlines Use Cases for Digital Euro. Plus, Walmart is partnering with Clover Health for its new health centers.

Use Case 77

Use Case Credit Cards Central Bank Push-to-Card 77

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

Open Banking Excellence

NOVEMBER 9, 2023

Since Open Banking launched in January 2018, seven million consumers and businesses have used it. The number of adults using Open Banking in the UK represents around 10% of the adult population. Each use case will be most suitable for one of these approaches, depending on the needs and outcomes created by product features.

Use Case 130

Use Case API Fraud Prevention Risk 130

Fintech Finance

OCTOBER 17, 2024

BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases. USDC is a fully reserved dollar stablecoin backed 100% by liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars. trillion in June 2024.

Business Payments 105

Business Payments Stablecoins Use Case On-Demand 105

Fintech News

APRIL 7, 2024

With the stablecoin market currently valued at approximately US$150 billion and expected to soar to over US$2.8 trillion by 2028, Ripple aims to cater to the increasing demand for stable and reliable digital currencies. Ripple’s venture into the stablecoin arena promises several benefits.

Stablecoins 118

Stablecoins Use Case Blockchain Regulatory Compliance 118

Fintech Finance

JULY 9, 2024

By enabling Fedwire transfers, Galileo is helping fintechs capitalize on this growth, with a scalable solution that caters to the increasing demand for rapid financial transactions. Galileo streamlines the process of both incoming and outgoing wire transfers, enabling faster, reliable movement of funds.

Wire Transfer 97

Wire Transfer Wire Wires FedWire 97

PYMNTS

MAY 7, 2020

When we look at everything that has been leveraged and assembled quickly — and in responding to what is clearly unprecedented demand for different services across digital channels — what stands out is the flexibility and agility of the underlying platforms.”. Using Artificial Intelligence. The Interactive Teller. Reinventing The ATM.

ATM 122

ATM Credit Union Online and Mobile Banking On-Demand 122

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech News

APRIL 16, 2024

The report notes that several institutions have already started exploring the use of gen AI in risk management, citing regulatory compliance, financial crime, credit risk, modeling and data analytics, cyber risk and climate risk as emerging use cases.

Risk Management 112

Risk Management AI Risk Use Case 112

PYMNTS

NOVEMBER 25, 2020

But Ranta added that when it comes to the consumer, the critical use cases that could spur wider adoption aren’t there quite yet. "We We have not seen the use cases or the digital overlay services rolled out,” he noted. "We We have not seen the use cases or the digital overlay services rolled out,” he noted.

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

Fintech News

JULY 15, 2024

Sigrid Hulsebosch “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. Her deep experience in the payments industry and banking will be instrumental as we continue to grow and scale Thunes.”

Cross-Border Payments 106

Cross-Border Payments Cross-Border Treasury Use Case 106

PYMNTS

JANUARY 8, 2021

In short, the global pandemic has ushered in rising usage — and use cases — for TCH’s RTP ® network, and Whisler doesn’t see that slowing down anytime soon. When we saw there was demand [to increase] the original limit of $25,000, and we saw that we could raise it safely and effectively, we were happy to do that,” Whisler noted.

RTP 139

RTP TCH Funding Agent Continuing Education 139

Fintech News

MAY 21, 2024

Institutional Investors Surging Demand for Digital Assets The SBI DAH report highlights a notable surge in institutional demand for digital assets. 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.

Settlement 138

Settlement Cryptocurrency Blockchain Digital Currency 138

PYMNTS

JULY 15, 2020

“Just as changing consumer behaviors are accelerating the adoption of digital commerce, they are also creating a greater demand for digital payout methods.”. At the forefront of that digital wave has been the grocery industry, an essential business compelled to innovate quickly to manage growing demand and deliver new commerce experiences.

On-Demand 94

On-Demand Use Case Contactless Payments Innovation 94

Fintech Finance

DECEMBER 12, 2024

Visa Direct reaches 99% of bank accounts in the US, and over 11 billion endpoints including cards, accounts and digital wallets around the world. Visas initiative sets an exemplary model for financial institutions to meet the demands for speed and efficiency.

Funds Availability 87

Funds Availability FPC Accounts Debit Card 87

NFCW

APRIL 4, 2024

More than 80% of the respondents to a survey conducted by ABI Research on behalf of the NFC Forum said they have used a smartphone or smartwatch to make a contactless payment. “As familiarity and understanding of NFC continues to grow, so too does demand for additional applications and use cases for the technology.

Consumer 95

Consumer Contactless Payments Use Case Research 95

Fintech Finance

SEPTEMBER 13, 2024

The expertise around the room is showcased in this deliverable where we really delve into details around FIs moving into receiving instant payments,” said Miriam Sheril, Head of Product – US at Form3. Chairing the Operational Considerations Work Group has been a huge opportunity for me in ways that I hadn’t even imagined when I took it on.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

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 News

MARCH 19, 2024

Okta Ventures’ investment criteria emphasise a focus on modern identity challenges, market demand, and the ability to offer unique value through Okta’s extensive network of integrations. ” said Austin Arensberg, Senior Director at Okta Ventures. .” ” said Austin Arensberg, Senior Director at Okta Ventures.

MFA 106

MFA Deepfake Credential Privacy 106

PYMNTS

DECEMBER 28, 2020

That has not always been the case. is an urgent need to meet increasingly surging demand. New use cases are arising,” Edwards said. And that's what's happening with disbursements now — people are getting their money” — 24/7, on-demand and in minutes, where they want it. An Evolving Landscape .

Instant Payments 121

Instant Payments Payer Consumer Debit Card 121

The Finance Weekly

DECEMBER 12, 2021

Companies may use data to make better decisions, gain a better understanding of market trends and customers, create smarter products and services, improve corporate operations, and generate new revenue streams. But what does this mean for those tasked with evaluating the return on investment of a data strategy and business use cases?

Use Case 90

Use Case Privacy Assessments Returns 90

Fintech Finance

JULY 16, 2024

Leveraging Visa Direct, banks can facilitate a wide array of use cases for cross-border payments: from person-to-person (P2P) payments, funds disbursements, bill payments to final beneficiaries. This integration will efficiently connect multiple payment sources and channels with various clearing and distribution networks and services.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payment APIs and Integration Interoperability 105

Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. The solution is one of the industry applications tested under Project Guardian.

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

PYMNTS

OCTOBER 1, 2020

Yet, many of those disbursements are neither digital nor instant and available for consumers and microbusinesses to access and spend on demand, PYMNTS’ latest Disbursements Satisfactory Report found. Many payees want to use voice to direct disbursements to preferred bank accounts, credit cards, debit cards or digital wallets.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

Fintech Finance

OCTOBER 8, 2024

The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises. With its hybrid approach, modular infrastructure, and the company’s deep understanding of payment demands, we believe that WadzChain will become the default blockchain payments platform globally.”

Global Payments 124

Global Payments Blockchain TPS Interoperability 124

PYMNTS

MARCH 23, 2020

To get a sense of how sheltering in place and staying at home are impacting providers, and why more bandwidth is critical, Verizon estimated that there was a 75 percent increase in bandwidth demand from March 8 to 15. As Jessica Rosenworcel of the Federal Communications Commission told CNBC about current capacity.

Use Case 139

Use Case On-Demand AI Economy 139

PYMNTS

JULY 10, 2020

it’s been an organic-but-inevitable exercise, driven primarily by innovation and consumer demand.”. But with an ever-greater exchange of data must come an increased FI focus on data privacy, data ownership and how information gets used, he said. They demand strong protocols.”. In the U.S., Protecting Consumer Data.

AML 108

AML Privacy Procedures Money Laundering 108

PYMNTS

JANUARY 21, 2021

In an interview with PYMNTS, Avi Cohen , co-founder and CEO of FinTech company The Floor , said boosting digital offerings and bringing new ones to market demands quick decision making as banks seek to improve user experience and user engagement. Launching Into New Markets.

Payment APIs and Integration 121

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

Fintech Finance

SEPTEMBER 18, 2024

With ISO 27001 certification, Tribe Payments is set to accelerate its expansion, amid surging demand for its services. Andrew Hocking, CEO of Tribe Payments, added: “With so many businesses entrusting us with their transactions, ISO 27001 certification marks an important milestone for Tribe.

ISOs 98

ISOs Security Payment Security Payment APIs and Integration 98

Fintech Finance

OCTOBER 17, 2024

“This innovative technology stack enables businesses and individuals to benefit from instant payments across a variety of use cases, from payroll to refunds, enhancing both operational efficiency and customer satisfaction.”

Instant Payments 98

Instant Payments Regulations SWIFT Payments 98

PYMNTS

DECEMBER 10, 2020

But for B2B payment solution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently. Customers now have to adapt a lot faster to new use cases.".

Security 106

Security B2B Use Case Payment Solutions 106

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. The combined offering is designed to eliminate the complexities associated with development and integration with legacy systems, facilitating rapid market entry.

Facilitators 98

Facilitators Use Case On-Demand API 98

PYMNTS

SEPTEMBER 23, 2020

Yet this week's commercial card innovation tracker finds B2B financial service providers embracing the virtual card for a range of use cases, including fleet, corporate travel, and vendor payments. In yet another use-case for the virtual card, U.S. Comdata Digitizes Legacy Fleet Payment Tool.

B2B 87

B2B Commercial Card On-Demand Credit Cards 87

Fintech Finance

OCTOBER 23, 2024

For financial institutions that are ready to offer instant payments to their customers scalability, real-time processing, and the ability to easily send and receive payments across networks are critical for keeping up with increasing customer demands and regulatory standards,” remarked Reed Luhtanen, Executive Director of the U.S.

FedNow 97

FedNow FedWire Instant Payments RTP 97

PYMNTS

SEPTEMBER 15, 2020

Researchers found that 70 percent of demand deposit accounts are managed by FIs with access to the RTP network. Using infrastructure developed by Visa within its Visa Direct service, Interchecks is leveraging its own platform to facilitate real-time transactions for corporate clients of First Horizon's treasury management solutions.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

Fintech Finance

SEPTEMBER 17, 2024

Elliff’s appointment comes at a pivotal time as the demand and need for next generation dispute management solutions meets unprecedented growth in the post-transaction fraud space. One of the most significant use cases is the mirror effect in post-transaction APP claims, which now reflects 75% of all digital banking fraud.

Disputes 98

Disputes Multi-Currency Issuers Fraud Prevention 98

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