Faster Payments Council

MARCH 15, 2023

Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. Some banks may not be able to connect to both. These projects are taking different implementation approaches.

FPC

Fintech Finance

MAY 30, 2024

“With rapidly accelerating digital payments growth across Central and Eastern Europe, Middle East and Africa, we have seen a transformation in how consumers and merchants want to pay and be paid both online and in-store,” said Andrew Torre, Regional President, Visa CEMEA. “As

Online and Mobile Banking

Fintech Finance

MAY 16, 2024

The new products and services Visa has unveiled which will begin to roll out later this year, include: Visa Flexible Credential A Visa study found that more than half of card users want the power to access multiple accounts through a single credential.1 Today, online payment fraud is seven-times higher than in-person payments.

Product

PYMNTS

DECEMBER 7, 2017

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. Security only works if both ends are using the network — and the world is a big place with lots of banks.

Security

Neopay

MAY 28, 2024

The new products and services include Visa Flexible Credentials, which will allow a single card product to toggle between payment methods, enabling users to set parameters or choose whether they use debit, credit, ‘pay-in-four’ with buy now, pay late,r or pay using rewards points.

Product

PYMNTS

NOVEMBER 2, 2020

Taken as a group, the platform companies show that consumers are increasingly comfortable coming online to get what they need, that ad targeting is working, and that the companies that are pivoting online to reach consumers where they are — namely, on mobile devices and tablets — are embracing new ways to monetize that contact.

Online and Mobile Banking

PYMNTS

DECEMBER 5, 2016

Like the giant puzzle pieces that keep the Earth’s surface in equilibrium, the ecosystems that represent how consumers pay, how they bank, how they borrow, how they shop and how they decide when, where and what to buy used to be easily defined and neatly connected. The Unbundling Of The Bank. The Commoditization Of Retail.

Online and Mobile Banking

PYMNTS

DECEMBER 26, 2016

PayPal took a few giant steps forward to live up to its promise of enabling consumer choice by giving consumers the ability to use their preferred method of payment inside of their PayPal wallet anywhere they’d like to shop — in-store, online and in-app. But the new partnerships are just as advantageous to the banks.

PayPal

PYMNTS

JULY 15, 2016

And one that, mastercard CIO Ed McLaughlin emphasized yesterday, leverages mastercard’s global acceptance network and is why it’s possible to power issuer-branded digital payments credentials anywhere buyers and sellers want to do business, including the “yet-to-be-imagined” connected devices that sit on the edge of that network.

Credential

PYMNTS

SEPTEMBER 18, 2019

By way of illustration, Ufford said there have traditionally been scores of siloed datasets across the issuing banks — and yet there is a framework the card networks provide through their rails and infrastructure, ubiquitous and trusted. The challenge of establishing online identities is not confined to individuals, of course, said Ufford.

Verification

M2P Fintech

MARCH 28, 2024

Aadhaar-enabled Payment Service (AePS) AePS, in India, enables individuals to conduct basic banking transactions like d eposits, withdrawals, balance inquiries, bill payments, etc. without requiring a traditional bank account or debit card. Unlike physical cash or bank deposits, CBDCs are purely electronic.

FinTech

PYMNTS

DECEMBER 5, 2016

Like the giant puzzle pieces that keep the Earth’s surface in equilibrium, the ecosystems that represent how consumers pay, how they bank, how they borrow, how they shop and how they decide when, where and what to buy used to be easily defined and neatly connected. The Unbundling Of The Bank. The Commoditization Of Retail.

Online and Mobile Banking

PYMNTS

OCTOBER 28, 2019

Not that long ago, the conventional wisdom was that mobile operating systems – iOS and Android – would rule, because mobile devices would remain the primary channel consumers used to manage relationships with all of the companies they interacted with. The Super App-Fueled Shift.

Online and Mobile Banking

PYMNTS

FEBRUARY 24, 2016

The online payments landscape is littered with abandoned shopping carts, passwords never remembered and frustrated consumers. Nearly four years after its founding, the Fast Identity Online Alliance (FIDO) has been making inroads into the payments landscape with a laser sharp focus on authentication that proves an online user’s identity.

Authentication

PYMNTS

MARCH 7, 2016

CAN WE MAKE THE OFFLINE WORLD AS EFFICIENT AS THE ONLINE WORLD? The ability for busy people to shop 24/7/365 via a mobile device trumps the serendipity that everyone says is one of the great benefits of shopping in a physical store. So what would physical retail look like if it were run like the best online etailers ?

Online and Mobile Banking