article thumbnail

Primer Builds on 2024 Successes to Accelerate Growth in EU, US and APAC as It Marks Five Years of Unified Payments

Fintech Finance

Primer , the unified infrastructure for global payments, today sets out its plans for 2025 growth and new markets across the EU, US and APAC as it approaches its fifth anniversary. Primer has made significant strides in the French market and, therefore, has built nine new local payment methods and three PSPs.

APACS 90
article thumbnail

Integration Challenges Remain For Digital Wallets, Despite Increase in Global Adoption

The Fintech Times

As much as 40 per cent of payment leaders report losing business due to cross-border payment issues, according to a new study by Thunes , a global money movement firm, and Visa , the digital payments giant. As commerce digitises further, payment interoperability will become vital.”

article thumbnail

Addressing the Silent Crisis of Failed Payments

Fintech News

Additionally, it prevents tainted payments from entering the correspondent banking network, thus bolstering security. “ We have a solution to this issue: the LexisNexis Bankers Almanac Validate which verifies global payment data and prevents fraud.

article thumbnail

FPC 2024 Fall Member Meeting

Faster Payments Council

Speakers: Cathy Lesser Mansfield, National Consumer Law Center; Carla Sanchez-Adams, National Consumer Law Center 10:30am-10:40amMT: Networking Break (Capitol Foyer) 10:40am-11:20amMT: Concurrent Breakout Session – Embracing AI in Payments: What's Next?

FPC 128
article thumbnail

Does The U.S. Faster Payment System Need A Federal Mandate?

PYMNTS

To protect such vast sums of money, the Faster Payments Task Force report indicated it had reviewed 22 faster payment solution proposals so far, and had analyzed some of the potential hurdles that could impede successful faster payment solutions.

article thumbnail

Swift Rolls Out Tool to Speed Up Investigations of Cross-Border Payment Issues

Fintech News

Swift has introduced an enhanced solution aimed at reducing the costs and delays associated with investigating cross-border payment issues. billion each year on processes to investigate delayed payments, often incurring significant fees and penalties. Financial institutions currently spend over US$1.6