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How Visa and MasterCard Shape the Payments Industry

Clearly Payments

At the forefront of payment industry, particularly in credit cards, are two giants: Visa and Mastercard. As the world’s leading payment networks , Visa and Mastercard play a pivotal role in shaping the landscape of electronic payments on a global scale. UnionPay has 32% of the global credit card market.

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ACI Worldwide Partners With Kuvasz Solutions To Advance Real-Time Payments Adoption in Colombia

Fintech Finance

Kuvasz’s specialized knowledge of implementing ACI’s state-of-the-art technology means that participants will benefit from swift and secure implementation of its immediate payment solutions, while its extensive experience across Latin America enables the company to adapt the new offering to the needs of local players. “We

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IP Best Cash Innovation Winner Eyes eCommerce Future

PYMNTS

At Innovation Project 2017 , Canadian payment solution company Payment Source snatched the top prize in the category of Best Cash Innovation for its in-person payment network Loadhub. Outside of eCommerce, there also exists a massive potential for Loadhub to facilitate government payments.

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RTP: Achieving Ubiquity Without A Mandate

PYMNTS

regulatory landscape, and how it arguably hinders real-time payments adoption, is that the government itself stands to benefit from faster payments capabilities. The instinct of solution providers may often be to go with the latter. What’s especially noteworthy in the current U.S.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Making payments more cash efficient for Amazon and frictionless for customers is a key priority. Today, Amazon Pay has evolved to include a digital wallet for customers and a payments network for both online and brick-and-mortar merchants. However, Amazon has had some missteps with Amazon Pay.

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An Overview of Payment Regulation In The USA

Clearly Payments

Moreover, by establishing rules for payment networks and financial institutions, regulation mitigates systemic risks and fosters fair competition, thereby enhancing market efficiency. It oversees compliance with federal banking laws, including those governing payments.