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Token.io Receives Strategic Investment from HSBC

Finovate

Token.io , an account-to-account (A2A) payment infrastructure innovator, secured a strategic investment from HSBC this week. Purchasers are given a request for pre-populated payments and, once the payment is authorized, the seller is granted an “instant and irrevocable credit” to their account. CEO Todd Clyde said.

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Connecting Banks to the World of Digital Assets: Taurus Launches Taurus-NETWORK

The Fintech Times

TN allows network participants to have an irrevocable proof of identity as well as exchange and verify digital asset addresses automatically. “By bringing together institutions and facilitating secure, efficient, and automated operations, we are unlocking new opportunities for growth and innovation.

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HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit

PYMNTS

Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account. The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform. 25 statement.

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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Continued collaboration is essential to ensure security, usability, and trust in this evolving financial innovation. A successful digital British pound hinges on a well-defined product, clear processes, and expert people to balance innovation with risk. Meanwhile, startups and fintechs have a window of opportunity to innovate.

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Clearing Up Instant Payments No ‘Stop Payment’ Confusion

PYMNTS

But with innovation comes risk — and anything that consumers use will always attract fraudsters looking to steal a cut of the action. . Consumers love the opportunity to get paid instantly when they can. After all, who doesn’t want to get their money faster? .

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Mastercard: Collaboration Is Key To Scaling Real-Time Payments

PYMNTS

With banks, technology innovators and corporates working together, the ecosystem will be better able to push corporates from real-time payments interest to real-time payments adoption. “There is less time to apply traditional fraud techniques,” said Shultz. ” Banks’ Collaborative Opportunity. .” ”

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FPC 2022 Fall Member Meeting

Faster Payments Council

12:30pm-1:10pmCT: Panel Session – Efficiency and B2B Payment Modernization (Minneapolis Ballroom Salon AB) With the FedNowSM service coming next year, there's no time like the present to prepare for and innovate on instant B2B payments improvements.

FPC 88