Remove End User Remove Irrevocability Remove Use Case
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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

While the flexibility of offline payments presents certain implementation challenges, these pilots have consistently demonstrated both the technical feasibility and the clear advantages for end users.” Product design must align with the risk profile and customer expectations of each use case.

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How Interac e-Transfer Won The Ubiquity Game In Canada

PYMNTS

Typically, financial institutions (FIs) are a tougher sell than end users when it comes to new money-moving products. These ensure that the money promised is actually available to be sent and that the payment is irrevocable, or can’t be taken back by the sender once it appears in the recipient’s account.

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Why It’s Time To Shut Down Cryptocurrencies

PYMNTS

Innovators also find new use cases for these new currencies, including Initial Coin Offerings (ICOs), to raise money to fund innovation outside of the realm of existing securities regulation. Bitcoin has only two proven use cases after eight years: criminal activity and speculation. Bitcoin is also anything but free.

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Sleepless In Payments

PYMNTS

Because we’ve all seen what happens when we let the shiny new toy syndrome (aka what’s best for the innovator and not the end user) drive innovation. Prepaid is another product category that sounded good to innovators but perhaps less compelling, at least so far, to the intended end user. Instantly, and irrevocably.