PYMNTS

MARCH 27, 2020

While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A key characteristic of payment initiation under PSD2 is its use of Faster Payments in the U.K.,

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

SEPTEMBER 2, 2019

Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Faster Payments. APIs and Data Integration.

Commercial Card 74

Commercial Card Payment APIs and Integration Faster Payments ACH 74

PYMNTS

JANUARY 17, 2017

PYMNTS wanted to know more about how FinTech has forced financial service providers to change the way they deliver payment solutions and change the way they approach the testing of those payment tools. “A The old type of annual processing and testing isn’t effective anymore.”.

ISO 8583 49

ISO 8583 ISO 20022 ISOs Faster Payments 49

PYMNTS

JUNE 16, 2016

Doing so enables corporate users of PowertoPay to gain access to SWIFT’s global interbank connectivity; according to PowertoPay, the integration means businesses can access more than 11,000 financial institutions throughout the planet to carry out their payment needs. ” Payments Security.

Security 43

Security B2B SWIFT Faster Payments 43

PYMNTS

MAY 3, 2019

Earlier this week, CIBC announced that it would be rolling out its Global Money Transfer platform for small business clients, a cross-border payments tool that had been available for consumer customers for several years. “I think the speed of payment is incredibly important,” he said.

Global Payments 60

Global Payments Cross-Border Payments Cross-Border Small Business 60

PYMNTS

AUGUST 10, 2016

Payments tech firm NetCents revealed a new partnership with The Vanbex Group , owners of blockchain payments tool Genisys, to help banks in Canada implement the distributed ledger technology. That could pose a problem for ACH and SWIFT, both of which are the focus of faster payments initiatives. ”

ACH 49

ACH Cross-Border Payments Blockchain Cross-Border 49