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U.S. Faster Payments Council Publishes Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption

Fintech Finance

It also explores how emerging technologies such as SoftPOS can help mitigate these obstacles, enabling broader acceptance of QR code-based faster payments across industries. By identifying and addressing usability challenges, we can help drive broader acceptance and unlock the full potential of instant payments at the point-of-sale.

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Orum Teams Up with Visa Direct to Launch Faster Payments

Fintech Finance

We’re proud to partner with Visa, continue innovating on our Deliver API, and expand our innovative offerings.” Connects with Orum’s Verify solution, giving businesses an innovative solution that instantly validates bank account ownership and verifies the account is open, valid, and ready to send and receive payments.

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Neonomics Acquires U.K. Open Banking Platform, Ordo

Fintech Finance

The Neonomics Group, has completed the acquisition of Ordo , an open banking payments and data service provider based in the UK. Founded by the former management team of the UK Faster Payments scheme, Ordo is an FCA authorised open banking payments innovator and one of the very first to be licensed as such in the UK.

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PSR’s Annual Report Shows a Year of Significant Milestones

Fintech Finance

The PSR Annual Report shows that the UK has made progress in regulating payments over the past year. The Payment Systems Regulator (PSR) says that it has made progress in fighting APP fraud, making faster payments more available, and making card fees more clear.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Growth Trends : Despite the rise of alternative payment methods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally. Faster Payments (U.K.), Popular Examples : Interac e-Transfer (Canada) , Zelle (U.S.), PayID (Australia), and UPI (India). handled $1.6

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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Key benefits of embedded finance include faster payment processing, improved operational efficiency, lower costs, and higher customer satisfaction, making it an attractive proposition for financial and non-financial businesses alike. The global embedded finance market is projected to reach US$384.8

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Elite Acquires Tranch, a Leading B2B Payments Platform, to Transform Billing and Payment Processes for Law Firms

Fintech Finance

In 2024, Tranch more than tripled its payment volume with many of the largest global law firms, including Elite customers, to help facilitate easier and faster payments through automation and innovation. We are excited to join Elite as we scale our capabilities further and continue our rapid, product-led innovation.

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