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ACI Worldwide Adds More Digital Overlay Services For Contactless B2B Payments

PYMNTS

ACI Worldwide , which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. A recent PYMNTS report noted the swiftness of digitization.

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Bank payment innovators are stepping up in times of crisis

Payments Source

Banks are utilizing an array of overlay services to address historical market challenges, such as the continued use of checks among businesses that do not have the information or capabilities to send digital payments.

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The State Of India’s Digital Payments Progress — And Future

PYMNTS

India, in contrast, has a huge point of leverage in embracing digital payments — namely, the power of mobile devices. In addition, digital payment initiatives are leveraging Open API and real-time rails with mobile devices, enabling what he called “development of digital overlay services at the mobile device.

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Real-Time Payments Move Past Early Adopters

PYMNTS

We have not seen the use cases or the digital overlay services rolled out,” he noted. 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

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Cyberattackers Go Global To Steal Company Cash

PYMNTS

. $600 million in financial losses from fraud last year were the result of authorized push payment (APP) fraud, according to Bottomline Technologies General Manager and Director of Payments Ed Adshead-Grant. statistic through the rollout of its Confirmation of Payee service for banks in the market.