Remove Overlay Service Remove Use Case Remove Value Added Service
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How Overlay Services Add New Opportunities In Open Banking

PYMNTS

In a PYMNTS interview, according to Sean Devaney, VP of banking and financial markets at consulting and IT firm CGI , the real pickup of Open Banking is only just beginning with the emergence of so-called overlay services. The service will aim for traction in an array of use cases, including consumer payments.

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To Accelerate Payments, Mix Rails Or Nix Rails?

PYMNTS

Faster Payments Council revealed the payments industry’s demand for interoperability as well as value-added services and features in any new, faster payments service that emerges, including the Federal Reserve’s FedNow service. A new report from the U.S. NPPA plans to make these updates by 2022.