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FinScan Enhances Real-Time Payment Screening Solution for Faster Payments, Safer Transactions

Fintech Finance

Recent Datos Insights research indicates that 91% of surveyed financial institutions (FIs) are making significant or moderate investments in payment modernization. However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows.

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FinScan Enhances Real-Time Payment Screening Solution for Faster Payments, Safer Transactions

Fintech Finance

Recent Datos Insights research indicates that 91% of surveyed financial institutions (FIs) are making significant or moderate investments in payment modernization. However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows.

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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Visa , a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. Faster payments are crucial for the modern economy, and this move by Visa is a significant step forward, said Reed Luhtanen, Executive Director and CEO, U.S. Faster Payments Council (FPC).

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Brazil is set to leap from cash to real-time digital payments

Payments Source

Payments in Brazil are about to make a significant pivot, turning a country in which consumers rely heavily on cash and remain skeptical about payment cards into the next region to pioneer faster payments.

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Banks are ignoring the faster payment needs of small businesses

Payments Source

Finding a fast and easy way to receive payments remains a top priority for these businesses. And yet, they are frequently left out of the industry’s faster payments conversation, writes Steve Robert, co-founder and CEO of Autobooks.

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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Back in 2023, digital wallets accounted for 82% of China’s e-commerce spending and 66% of physical purchases, totalling around US$7.6 Alipay and WeChat Pay dominate China’s digital payment landscape, making it the largest and most influential wallet market globally, according to Worldpay’s The Global payments Report 2024.

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How faster payments can eliminate claims from insurance payouts

Payments Source

Providing simple and rapid claims payouts is a competitive feature in the property and casualty insurance industry. Both Visa and Mastercard see insurance payouts as a use case for their respective card-to-card transfer services, Visa Direct and Mastercard Send.