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Consumers and Businesses Aligned as Both Prioritise Instant Payments and Fraud Prevention, Says DGN

The Fintech Times

Instant payments and fraud prevention have quickly become the areas fintechs need to focus on most, according to the third portion of the ‘2024 Payment State of the Union’ study by Discover Global Network , the global payment network.

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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

CBDCs are reshaping national payment systemscentral banks are piloting digital versions of fiat currencies to modernise payments, which are expected to improve security, efficiency, and accessibility of national and cross-border transactions. The result?

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Cross-Border Payments Come to Digital Wallets—Bypassing Banks—in 130 Countries Through Chimoney and The Interledger Foundation

Fintech Finance

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

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A Big List of Payment Gateways

Clearly Payments

With a multitude of options available, it’s essential for merchants to stay informed about the diverse range of payment gateways that cater to varying business needs. List of Payment Gateways 2Checkout (now Verifone): Global payment platform for online and mobile commerce (International). International).

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Bank of America Teams Up With ModoPayments

PYMNTS

Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. 20) a strategic relationship that will give the bank access to Modo’s patented COIN Operated Digital Payments Hub.

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Tackling The Moving Target Of Cross-Border B2B Payments Friction

PYMNTS

What’s more, the global nature of cross-border B2B payments means there is no clear strategy to successfully tackling those challenges. “I While corporates have displayed “mixed” demand for faster payments, though, the global payments ecosystem continues to focus on real-time capabilities. s Faster Payments.

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An Overview of the Payments Ecosystem in 2024

Clearly Payments

The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance. For instance, the global payment processing market is estimated to reach a monumental $587.78 Furthermore, global payment volume reached a staggering $31.7 trillion in payment volume.

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