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Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K., open banking may be able to change that.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same.

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Why The Future Of Corporate Banking Is All About Connectivity

PYMNTS

While FinTech innovators continue to drive competition with a focus on product functionality and an optimal end user experience, businesses are often forced to use outdated tools, according to Frank Dux , managing director of CoCoNet. The Drive To Upgrade.

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How Businesses Drive Unexpected Open Banking Innovation

PYMNTS

Small businesses and corporate end-users have emerged as powerful drivers of exploring new use-cases for open banking and PSD2 regulations. Connecting Accounting to Payments. “People were not believing in open banking so much as a big evolution. But it’s not the only use-case for open banking.

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SDK.finance Partners With Salt Edge to Make Open Banking More Accessible for Fintechs

The Fintech Times

SDK.finance customers developing digital wallets or neobank products will also be able to easily provide cost-efficient payment initiation services, including account top-ups, without needing to connect with each bank individually.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. The FedNow design, he said, allows end users to receive funds at any time around the clock and around the calendar year, including immediate settlement of interbank payments. “We

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SMB Funding Embraces The Open Banking Way

PYMNTS

Even so, as this week's exploration of bank-FinTech collaborations and open banking initiatives reveals, opportunities to add new revenue streams, improve product offerings and enhance the end-user experience are too promising to ignore.