The Fintech Times

DECEMBER 12, 2024

Through the partnership, Binance will make USDC more extensively available across its full suite of products and services. It will ensure that its more than 240 million global users are able to seamlessly access and use USDC for trading, saving, and payments applications. and Binance , have joined forces to expand the adoption of USDC.

Stablecoins 59

Stablecoins Ubiquitous Treasury Innovation 59

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. financial system.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

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

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

Nanonets

JULY 14, 2023

You can also schedule a demo to learn more about our AP use cases! Businesses can track their processes better, can provide better customer service, improve the productivity of their employees and reduce costs. Your delivery from an e-commerce platform missing a product? Want to automate invoice processing ?

Automation 98

Automation Process Payment APIs and Integration Database 98

Faster Payments Council

JULY 21, 2020

Results from the survey indicated that bill pay ranked as one of the top three use cases for both FIs and businesses with nearly 60% of respondents indicating it as a top priority. Given these findings, the FPC and Glenbrook positioned bill pay as the subject for a second round of qualitative research.

Faster Payments 68

Faster Payments FPC Research Consumer 68

PYMNTS

OCTOBER 2, 2019

Although progress has been made on the reach and infrastructure, and on the range of products and solutions on offer, there still is much work to be done to spur adoption, he added. The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. In the U.S.,

Instant Payments 63

Instant Payments Interoperability Cash Management Cross-Border 63

Faster Payments Council

NOVEMBER 3, 2019

As part of its ongoing mission to understand, influence, and drive the industry toward a ubiquitous faster payments system, the FPC conducted the survey of payments system stakeholders to gauge their views on a variety of topics related to faster payments in the United States. Contact: Elizabeth Grice U.S.

Faster Payments 68

Faster Payments FPC Interoperability Payments 68

PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. That group takes a deeper dive and really looks at the individual use cases, provisioning options and any further impacts that they might see that could potentially happen with ACH payments and beyond,” he added.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

Fintech Finance

JANUARY 24, 2024

The partnership continues Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling both companies to integrate new instant payment use cases across a range of payment flows. Instant payments became a reality in the U.S. demand deposit accounts.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

PYMNTS

FEBRUARY 24, 2017

developer experience includes a virtual reality and augmented reality community , both agreed that now is the time when the adoption of VR/AR is starting to gain traction as consumers begin to find new use cases for the technologies whose potential they didn’t fully realize before. The VR/AR Commerce Play.

Online and Mobile Banking 68

Online and Mobile Banking Use Case Push-to-Card Consumer 68

Faster Payments Council

SEPTEMBER 12, 2022

Money movement within the market for legal cannabis products must move to the traditional banking system as a matter of safety, equity and inclusion. How can we look to this rapidly growing business for new use cases for instant payments? What will this look like in the coming years? What will this look like in the coming years?

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

CB Insights

SEPTEMBER 14, 2017

Advancements in AI over the last decade are presenting opportunities for companies to automate business processes, transform customer experiences, and differentiate products offerings. While CPU are ubiquitous, GPU and FPGA used in the resource-intensive training phase of machine learning have led to great advances in deep learning.

AI 78

AI Automation Research Due Diligence 78

Fintech News

APRIL 16, 2024

With cashless payment becoming ubiquitous, the Bank of Thailand (BOT) is now paving the way for open finance, aiming to enhance consumer access to financial services. The BOT expects initial use cases under the new policy to be implemented in 2025.

FinTech 117

FinTech Bots Central Bank Innovation 117

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

MARCH 18, 2019

Meanwhile, there are already two ubiquitous faster (than before) payments rails in the U.S.: Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product. Faster Payments Is Happening, Fast. See First Data and Fiserv.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JUNE 24, 2019

According a report on Monday (June 24), the bank “has kicked off an experiment with Telefonica to explore potential use cases for superfast 5G networks in banking.”. The new 5G mobile network technology is still in its infancy, but a variety of players in digital commerce and payments are starting to experiment with 5G use case.

Credit Union 46

Credit Union Mobile Banking Use Case Ubiquitous 46

Nanonets

APRIL 14, 2023

Documents are ubiquitous in business and serve as the foundation for data, information, and knowledge. However, with the rapid advancement of technology, document processing now refers to the use of automated tools that can process documents with little to no human intervention.

Process 98

Process Automation Database Legal 98

Nanonets

APRIL 30, 2024

This article also delves into the intricacies of using AI for PDF data extraction, exploring the challenges it addresses, the mechanisms of AI-based PDF parsers , and the overall benefits of AI to extract data from PDFs. It also improves productivity as employees can now focus on higher value tasks instead of manual data entry and correction.

AI 52

AI Due Diligence Automation Use Case 52

PYMNTS

AUGUST 6, 2019

Introduced on Monday by Federal Reserve Board Governor Lael Brainard, the Fed’s instant payment scheme FedNow is designed to offer an option for consumers and business to transfer money instantly or nearly instantly in a “ubiquitous, safe and efficient” manner from one bank account to another. “We That doesn’t exist today.”.

FedNow 85

FedNow Fed Federal Reserve Instant Payments 85

PYMNTS

MAY 24, 2018

While that’s not exactly the same as what Apple and Google are doing with their Pay products, Aberman said this latest announcement from Microsoft is pushing toward the same end goal. What it does have, said Aberman, is Office, a fairly ubiquitous platform used for business purposes such as sending invoices.

Credential 47

Credential Use Case Push-to-Card Ubiquitous 47

The Fintech Times

DECEMBER 19, 2023

“2024 will see a continuation of this with the fintech landscape poised for further transformation thanks to the ubiquitous adoption of AI and machine learning, and with the technology promising an even more customer-centric and efficient future.

AI 78

AI Embedded Finance Due Diligence Finance 78

PYMNTS

DECEMBER 7, 2017

Typically, financial institutions (FIs) are a tougher sell than end users when it comes to new money-moving products. Often, different FIs have different opinions about which products and solutions will best serve their customers, leading to a fragmented ecosystem and keeping any one solution from reaching the payments holy grail of ubiquity.

Irrevocability 40

Irrevocability Payment APIs and Integration P2P Online and Mobile Banking 40

PYMNTS

DECEMBER 1, 2017

The use case, then, was the ability to enable smartphones to be more accessible for the visually impaired. And there is a wide range of use cases very suitable to visual recognition technology. “As Facebook uses it to flag inappropriate content, while Pinterest and Google let users perform visual searches for products. “As

Authentication 60

Authentication Use Case Consumer Ubiquitous 60

PYMNTS

JANUARY 24, 2017

Jim Harper, CEO of Sonde Health in Boston, which is working on voice tests to monitor for postpartum depression, Parkinson’s and dementia, was quoted as saying: “We’re trying to make this ubiquitous and universal by engineering a technology that allows our software to operate on mobile phones and a range of other voice-enabled devices.”.

Cross-Border 46

Cross-Border Research Ubiquitous Processors 46

PYMNTS

OCTOBER 22, 2019

Visits to grocery stores were up by 13 percent over last year — which reflects both an increase in visits to grocery stores to browse products in-store as well as to pick up groceries that were ordered ahead. Consumers also appear to be more selective about the apps that they use with those devices to enable new connected commerce use cases.

Use Case 41

Use Case Ubiquitous Consumer Innovation 41

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 On-Demand Fraud Detection 57

PYMNTS

SEPTEMBER 24, 2018

Consumers use Bluetooth to connect the now nearly ubiquitous smartphone to their car’s in-dash system to make calls and listen to their Spotify playlists. Xevo says dealers use the new car buyer “ onboarding ” process to get car owners to download its branded app that connects the user to maintenance and other car-centric alerts.

Consumer 76

Consumer Use Case On-Demand Ubiquitous 76

CB Insights

APRIL 7, 2018

To answer this, we took a deep dive into 8 different steps of the manufacturing process, to see how they are starting to change: Product R&D : A look at how platforms are democratizing R&D talent, the ways AI is helping materials science, and how the drafting board of tomorrow could be an AR or VR headset. Product R&D.

Technology 78

Technology Blockchain On-Demand Automation 78

PYMNTS

MAY 24, 2018

That consumer could make secure transactions or add items to a daily calendar or perform any of the other tasks possible in a world where voice recognition has become ubiquitous. I would recommend there be some sort of backup” in such a use case, he said, “like a keypad you can use if you get locked out.”.

Authentication 46

Authentication Ubiquitous User Authentication Enrollments 46

PYMNTS

NOVEMBER 4, 2019

Information about peak consumption times and use cases provide useful insights for the many consumers who’d like to manage their consumption more closely, and do more to manage those costs. “We We prioritized utility bills over other types of billing because they are ubiquitous in people’s lives.

Consumer 48

Consumer Ubiquitous Procedures Automation 48

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

SEPTEMBER 17, 2018

The product was exceptional. Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Retail payments innovators have tapped into that ubiquity-driven certainty to enable new use cases that extend their reach.

Rules 78

Rules Zelle Payments PayPal 78

CB Insights

AUGUST 21, 2018

Today, growth in smartphone shipments is effectively negative, and smartphones are primarily bought as replacement products. 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.

End User 65

End User Technology AI Processors 65

CB Insights

MARCH 4, 2019

In 2019, look for telematics to become more ubiquitous across the auto and mobility sectors. As automakers push for vehicle electrification and full autonomy, the manufacturing process is expected to grow more complex, driving the need for flexibility on the production line. Advanced Driver Assistance. Flexible Assembly Lines.

On-Demand 56

On-Demand Verification Blockchain Technology 56

PYMNTS

DECEMBER 12, 2017

As cards have become tokenized credentials registered inside of apps, wallets and merchant sites, Singh said there’s also been a subtle shift in how consumers now think about their relationships with those products. In two decades, global payments have gone from being a very homogenized product to being incredibly varied and region-specific.

Payment APIs and Integration 60

Payment APIs and Integration Online and Mobile Banking Payments Credential 60

PYMNTS

MAY 5, 2016

According to TCH, the milestone toward a complete solution indicates an industry acknowledgement that partnerships and collaboration among providers is recognized as productive toward satisfying the Faster Payments Task Force’s established effectiveness criteria, which ultimately were designed with an end-to-end solution in mind.

Faster Payments 41

Faster Payments TCH Real Time Payments Payments 41