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Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security

Fintech Finance

An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in the security of the payment method. Just 6% of UK consumers consider RTP less secure than a credit card.

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FedNow chases real-time payments front-runners

Payments Dive

real-time payments system next year in the form of FedNow, but it’s an open question as to whether, or how, consumers and businesses will adopt instant payments. The Federal Reserve plans to unleash a U.S.

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Walmart, Fiserv team to offer real-time payments

Payments Dive

The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.

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FICO: UK Banks Must Educate Consumers About Real-Time Payments to Build Trust and Boost Adoption

The Fintech Times

UK banks need to focus on building confidence in the security of real-time payments, global analytics software leader FICO has urged following its latest international survey. According to the FICO survey, three-quarters of consumers in the UK say they have sent (79 per cent) and received (73 per cent) real-time payments (RTP).

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Demand for real-time payments rises amid COVID-19 pressure

Payments Dive

The economic fallout of COVID-19 has increased demand for real-time payments by small business and consumers as revenue sources begin to dry up and consumers and businesses face deadlines for bill payment and essential goods.

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How real-time payments erased borders for coronavirus-era commerce

Payments Source

With consumers and merchants alike sharing the need to be paid faster, the case for adopting real-time payments globally has quickly advanced during the COVID-19 pandemic.

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Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements

Fintech News

Mastercard has introduced new global capabilities to enable stablecoin transactions from wallets to checkouts, expanding its role in digital asset payments. The companys latest partnerships with OKX and Nuvei are part of a broader effort to create a seamless system where consumers can spend stablecoins and merchants can receive them.