Remove Irrevocability Remove Payer Remove Ubiquitous
article thumbnail

When Instant Payments Are Just Payments

PYMNTS

And as promising as things are in the early stages, there’s work to be done before instant becomes ubiquitous. These include advanced data security and new state and federal regulations governing payout mechanisms – to say nothing of the irrevocable nature of instant payments. Making Money Fast. Want to make a CFO smile?

article thumbnail

Unwrapping APAC’s Faster Payments Fraud Threat

PYMNTS

As faster and real-time payment schemes achieve ubiquity in more markets around the globe, speed is increasingly becoming the standard for payers of all kinds. What’s more, these transactions are irrevocable, and as fraud losses mount, new questions surface over who holds liability to recoup funds.