The Payments Association

JANUARY 21, 2025

Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

PYMNTS

JULY 27, 2020

Now, Edwards said, banks are at the same starting point on disbursements, but this is the opportunity to capitalize on the next big digital payments wave — from digital to instant, on-demand money, creating a modern disbursements experience. The evolution to make all payouts instant, on demand and with choice, he noted, is underway.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

NOVEMBER 10, 2020

With open banking technologies making their way beyond the world of consumer finance and into the business banking market, new use cases are emerging from the legislation that opens up bank account data and offers FinTechs opportunities for new functionalities via deeper data integrations. Emerging Use Cases.

Use Case 75

Use Case Payment APIs and Integration Accounts Finance 75

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. The biennial NFC Usage and Adoption Study involved consumers in nine countries — the US, the UK, France, Italy, Spain, Germany, China, Japan and South Korea.

Consumer 122

Consumer Contactless Payments Use Case Research 122

Fintech Finance

DECEMBER 16, 2024

This will provide seamless access to new digital use cases, such as Mastercard Card-as-a-Service (CaaS) and Bank-as-a-Fintech (BaaF) propositions to Saudi Arabia. As part of this mission, we strive to pioneer market-ready services and responsive platforms that cater to consumers’ needs.

Visa 98

Visa Non-Bank SWIFT Payments 98

Basis Theory

NOVEMBER 12, 2024

This company doesn’t want to go through the trouble and expense of securing its employees’ data within its own system, so it uses a tokenization platform for storing sensitive employee data. Although the company hosts the website, the form uses an iframe, which captures and sends PII to the tokenization platform.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech Finance

MARCH 20, 2025

Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank. These landmark numbers show that 2025 will be a critical turning point for open banking solutions like Pay by Bank as use cases grow and expand into more markets.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Payments On-Demand Instant Payments 59

The Fintech Times

SEPTEMBER 3, 2024

With many generative AI projects leveraging LLMs moving from proof-of-concept to production, the demands for power-efficient, secured and scalable solutions have emerged as key priorities. The post IBM Pulls the Curtain on New Innovations, Supporting Generative AI Use Cases in Financial Services appeared first on The Fintech Times.

Use Case 64

Use Case AI Innovation CHIPS 64

The Payments Association

MARCH 19, 2025

Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. Reduce costs and operational risk by migrating gradually, using a POC approach, instead of investing in an expensive, lengthy, and high-risk, large-scale system overhaul.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

The Payments Association

JUNE 3, 2025

Early deployments across Asia, the Caribbean, and Europe reveal how people are using CBDCs, how merchants are responding, and what this means for cross-border payments in an increasingly interconnected world. Flexibility is also crucial when it comes to custody. Yet, merchants, especially small businesses, face real hurdles.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

The Payments Association

FEBRUARY 10, 2025

Currently, large enterprises are the primary users, while small businesses and consumers have shown limited adoptionlikely due to unclear policies on customer eligibility and risk exposure. Data shows that vIBANs are primarily used by large financial firms, with minimal adoption among small businesses and individual consumers.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech News

JANUARY 21, 2025

These include embedded finance, a market thats projected to reach US$7.85 Instead, open finance development is being driven by market forces, including consumer demand, fintech innovation, and competitive pressures among financial institutions. appeared first on Fintech Singapore.

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

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 Payments Association

JANUARY 22, 2025

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. In the US, the Transportation Security Administration (TSA) accepts state-issued driving licences or ID cards via a TSA-approved application or digital wallet.

Security 88

Security Online and Mobile Banking Credential Verification 88

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. A suboptimal allocation of fraud liabilities to ASPSPs and consumers. We have some way to go.

Use Case 130

Use Case API Fraud Prevention Risk 130

The Payments Association

MARCH 27, 2025

Multibanking, (which is access to best of breed financial services among use cases and locations) can empower corporates to take full advantage of this opportunity. Multibanking, (which is access to best of breed financial services among use cases and locations) can empower corporates to take full advantage of this opportunity.

Embedded Finance 88

Embedded Finance Finance Non-Bank On-Demand 88

The Payments Association

JANUARY 13, 2025

It is advised that firms ensure their custody arrangements, contracts and terms of service are aligned with these legal definitions in the interest of avoiding disputes while strengthening consumer trust. Most notably, the three areas are contractual uncertainty, asset recovery challenges, and consumer claims. Why is it important?

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

The Fintech Times

MAY 3, 2025

The new offering arrives as the demand for cross-border payments increases and is set to help the market reach its estimated forecast of $320trillion by 2032. This ensures businesses and consumers benefit from faster processing times so consumers receive their money when and where they need it.

International Payments 69

International Payments Cross-Border Cross-Border Payments Same Day ACH 69

Fintech Finance

JULY 9, 2024

NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement. Galileo Financial Technologies , a leading financial technology company owned by SoFi Technologies, Inc.

Wire Transfer 97

Wire Transfer Wire Wires FedWire 97

Fintech Finance

JUNE 2, 2025

virtual cards service has been designed specifically to meet growing merchant demand and usage, with the total volume of virtual card transactions expected to reach 175 billion by 2028, rising from 36 billion in 2023*. From improved oversight of spending, to the ability to set budgets and ensure the highest level of security, payabl.

Multi-Currency 52

Multi-Currency Point-of-Sale (POS) Debit Card Card Services 52

PYMNTS

SEPTEMBER 16, 2019

That is just one of five critical findings highlighted in How We Will Pay 2019 , a PYMNTS, Visa collaboration examining how consumers use a wide range of connected devices to shop and make purchases. consumers who documented their shopping and purchasing experiences over a seven-day period in mid- to late-July of 2019.

Consumer 75

Consumer Use Case On-Demand FinTech 75

PYMNTS

MAY 7, 2020

The opportunity, Doug Brown, senior vice president and general manager of NCR Digital Banking, told Karen Webster, lies in embracing a “digital-first” mindset that can create a better experience — even a touchless experience — for consumers. Brown said there had been examples of a shift toward digital-first use cases already taking root.

ATM 122

ATM Credit Union Online and Mobile Banking Use Case 122

PYMNTS

NOVEMBER 25, 2020

Instant Paychecks Should Get Consumers Interested. 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 consumers). consumers).

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. More than two-thirds of consumers (68.1 Among consumers, instant payments accounted for a little more than one in 10 of those disbursements (14 percent). Consumers disagree.

Instant Payments 122

Instant Payments Payee Same Day ACH Non-Bank 122

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. Outside the U.S., Eric Smith, AppBrilliance’s Founder and CEO.

RTP 98

RTP FedNow RFP Payment APIs and Integration 98

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. More Tools, More Flexibility .

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

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.”. In just over three months, digital commerce adoption among consumers has grown exponentially, accelerating many businesses’ nascent digital transformation plans into overdrive.

On-Demand 94

On-Demand Use Case Contactless Payments Innovation 94

PYMNTS

DECEMBER 24, 2018

The “Twelve Days of Christmas” is a holiday classic, though some of us at PYMNTS still don’t understand why anyone would want to take a partridge away from what seems like a pleasant existence in a pear tree. consumers who were asked about the devices they own and how they use them to buy things. 1: With Multiple Devices.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

Fintech Finance

MAY 2, 2025

As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins. While giving consumers access to digital-first globally interoperable payment experiences. These capabilities help fintechs go to market faster with new products.

Credit Cards 59

Credit Cards Stablecoins Settlement Interoperability 59

The Payments Association

MARCH 17, 2025

How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection. UK payments firms are grappling with a critical question: What level of risk is acceptable in a market that demands both innovation and resilience? Why is it important?

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech News

MAY 26, 2025

Q2: Tell us about yourself and your professional experience so far. Ershad: Ive been fortunate to work across some of the most exciting growth stories in tech and consumer. Q6: Can you walk us through a typical enterprise use case? Q7: Where do you see the most urgent demand coming from? Ershad: Absolutely.

Cross-Border Payments 71

Cross-Border Payments Cross-Border Multi-Currency Payments 71

The Payments Association

MAY 3, 2025

To meet this demand, OpenPayd has expanded its licensing infrastructure to include virtual asset service provider (VASP) capabilities. Theyre vital for ensuring consumer protection and infrastructure resilience. Four or five years ago, digital assets were mostly about speculation, she noted.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

The Fintech Times

APRIL 14, 2025

Building on the demand for these services, Chipi Pay , the Mexican-based prefunded stablecoin wallet, has expanded its services in the country, following a partnership with Starknet Foundation, a high-performance Layer 2 scaling solution that brings security, decentralisation, and ultra-low transaction fees to Ethereum.

Stablecoins 55

Stablecoins Payments Transactions On-Demand 55

Tearsheet

FEBRUARY 20, 2025

In November 2024, JPM rebranded Onyx, its blockchain-based asset tokenization platform, to Kinexys, and also renamed its JPM Coin to Kinexys Digital Payments to meet the increasing demand for asset tokenization among major financial institutions. BTS: Refining the experience from the inside out Tracking J.P.

Payment APIs and Integration 64

Payment APIs and Integration FinTech Embedded Finance Payments 64

FloQast

MARCH 19, 2025

From here, the agent transforms such data using natural language inputs. Now that you understand what agents are, its time to look at their use cases. Use Cases of AI Agents AI in accounting is not new, although there have been significant advancements in recent years.

AI 52

AI Accounts Fraud Detection Audit 52

PYMNTS

JULY 10, 2020

it’s been an organic-but-inevitable exercise, driven primarily by innovation and consumer demand.”. After all, the financial services ecosystem is striving to give consumers access to their financial records and leverage tech-driven innovations to improve their lives. Protecting Consumer Data. In the U.S.,

AML 108

AML Privacy Procedures Money Laundering 108

Fintech Finance

MAY 28, 2025

“As real-time payments become ubiquitous in Kuwait, consumers have gravitated toward secure, real-time payment methods, reshaping habits around convenience and efficiency while reducing reliance on cash.

Real Time Payments 52

Real Time Payments Accounts Financial Inclusion Payments 52