PYMNTS

AUGUST 3, 2016

Insurance payments, healthcare reimbursement, merchant settlements, loan disbursements, and payments to workers participating in the shared economy represent a $9 trillion opportunity filled with friction for both the sender and the receiver, with the remaining $1 trillion represented by the more “traditional” P2P payments use cases.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

MARCH 1, 2019

The SWIFT offering is designed to pre-validate SWIFT gpi payments, allowing participating senders to confirm beneficiaries’ account information with receivers via API calls and letting them correct any errors before initiating transactions. Most of the FIs participating in the pilot are large banks with either global or regional focuses.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Payment APIs and Integration SWIFT 43

PYMNTS

JULY 24, 2017

This innovator secretly hoped the government would be so enamored with his innovation and its potential to transform commerce (and any number of other uses cases) that they’d want to own and operate it. No one, since without it, new payments schemes struggle, and many use cases are DOA. The year was 1837. of this effort?

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

JUNE 24, 2019

What Mastercard sees in Libra in its embryonic stages, he said, is a novel way of combining a cryptocurrency with a private governing body and structure, to create something stable and ubiquitous enough to be used for payments worldwide — at least, it could be. As for what that system will look like?

Visa 71

Visa Cryptocurrency Payments Regulations 71

PYMNTS

NOVEMBER 28, 2016

” Having these smaller banks participate, Hay added, is “absolutely vital” for the faster payments initiatives to truly get off the ground and become ubiquitous. Naturally, one of the first use cases to come to mind for real-time payments is P2P payments. As Faster Payments spreads throughout the U.K.

Faster Payments 54

Faster Payments Real Time Payments Payments Instant Payments 54

PYMNTS

APRIL 14, 2017

From an ACH networks standpoint, noted Estep, innovation may be “skinny,” but operations are ubiquitous, connecting all the bank accounts in the United States. But speed is not enough, he added, as payment rails also need to include better data and widespread availability around the clock and interoperability that can support open use cases.

ACH Network 42

ACH Network ACH Payments ISO 20022 42

PYMNTS

FEBRUARY 20, 2018

Payments experiences are far from ubiquitous from market to market, however, and a global payments settlement agency is now pressing for faster cross-border payments at a global scale. In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

DECEMBER 8, 2016

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. In October alone, the ACH Network processed nearly $5 billion in 3.8

Faster Payments 69

Faster Payments Same Day ACH ACH NACHA 69

PYMNTS

AUGUST 20, 2018

Pre-Check is ubiquitous, and we aren’t a competing service — we are a complementary service. CLEAR airport users — who pay $179 a year for a subscription to use the service — gain automatic access to CLEAR for sporting events. The ATM is a use case, but so is healthcare or smart cities. There are a lot of options here.

Enrollments 41

Enrollments Checks Point-of-Sale (POS) ATM 41

PYMNTS

MAY 5, 2016

So, not only is TCH is hoping to learn from those who have gone down the faster payments road before them, but also they recognize that the system has to deliver significant value to participating banks. For its real-time pilot program, TCH is focused on bill payment as its first use case. Ubiquity, ubiquity, ubiquity.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41

PYMNTS

DECEMBER 16, 2019

That desire will drive demand for platforms to enable that cash-to-digital shift – and for the players in the connected economy to create new use cases that meet the needs of these emerging digital natives. Google has embedded commerce into search across a wide variety of use cases, including travel, food ordering and food delivery.

Online and Mobile Banking 72

Online and Mobile Banking Credential Payments Economy 72

PYMNTS

JANUARY 1, 2020

That desire will drive demand for platforms to enable that cash-to-digital shift – and for the players in the connected economy to create new use cases that meet the needs of these emerging digital natives. Google has embedded commerce into search across a wide variety of use cases, including travel, food ordering and food delivery.

Economy 69

Economy Online and Mobile Banking Credential Push-to-Card 69

PYMNTS

DECEMBER 30, 2019

banking industry, as well as the inconsistencies in digitization, make the path toward ubiquitous Open Banking even more uncertain. More use cases will undoubtedly emerge as banks, FinTech firms, consumers and businesses grow more comfortable with the concept of sharing data between platforms for elevated financial services experiences.

Non-Bank 57

Non-Bank Addressing Fraud Detection On-Demand 57

PYMNTS

JULY 20, 2017

If I had to get somewhere, I couldn’t use my phone to unlock one of the ubiquitous bicycles that are a part of China’s bike-sharing craze.”. That nearly ubiquitous presence among merchants online and off in China’s major retail sector has lead to an incredibly mobile-dominated marketplace full of some very loyal customers.

Online and Mobile Banking 55

Online and Mobile Banking Mobile Payments Ubiquitous Consumer 55

CB Insights

AUGUST 21, 2018

While Fitbit has seen its stock price decline in recent years and wearables are still far from ubiquitous, there’s no question that wearable devices like smart watches are becoming much more popular. Entertainment, media, and content (specifically gaming) are the most obvious industries for AR/VR use cases.

End User 65

End User Technology AI Processors 65

PYMNTS

JUNE 7, 2019

As voice assistants become more ubiquitous, and consumer concerns about safety are resolved, Gauthier says the move toward shopping by voice in inevitable. About 7,500 employees participated in the program in its first year, and the goal, according to Walmart spokesperson Michelle Malashock, is to scale up the offering. “We

AI 43

AI Automation Innovation Technology 43

PYMNTS

DECEMBER 27, 2019

The first, he noted, is choice, as instant payments aren’t really ubiquitous until the recipients of funds can actually choose the final destination of their funds for an instant payment. We didn’t need more than two hands to count the ones we felt were change-the-world sort of innovations. So what to watch for next? Two things.

Instant Payments 55

Instant Payments Payments Interoperability Innovation 55

CB Insights

JULY 23, 2020

This ensures that employees experiencing symptoms or who have been exposed to a positive case of Covid-19 do not come in. In China, QR code-based immunity passports embedded within super apps like WeChat and Alipay have become ubiquitous, already rolled out in at least 200 cities. Remote Work Startups. Source: Spatial.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

PYMNTS

AUGUST 10, 2020

Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of more than $28 million in forgivable loans guaranteed by the Small Business Administration. What Overcoming Inertia Tells Us About The Future of Physical Retail.

Real Time Payments 96

Real Time Payments Federal Reserve TCH Ubiquitous 96

PYMNTS

AUGUST 12, 2019

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78