PYMNTS

JUNE 12, 2019

researchers have found that a general understanding and awareness of the regulation remains low. In a PYMNTS interview, according to Sean Devaney, VP of banking and financial markets at consulting and IT firm CGI , the real pickup of Open Banking is only just beginning with the emergence of so-called overlay services.

Overlay Service 54

Overlay Service Payment APIs and Integration Payer B2B 54

PYMNTS

NOVEMBER 25, 2020

We have not seen the use cases or the digital overlay services rolled out,” he noted. That accelerated settlement of funds can be especially useful for individuals and families living paycheck to paycheck (which PYMNTS research has found represent roughly 60 percent of U.S. consumers).

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

PYMNTS

SEPTEMBER 8, 2020

. $80,000 is now the average amount phishers demand from their business email compromise targets , according to new research from the Anti-Phishing Working Group (APWG) in its second-quarter 2020 Phishing Activity Trends Report. statistic through the rollout of its Confirmation of Payee service for banks in the market.

Business Email Compromise 69

Business Email Compromise Ransomware Payee Overlay Service 69

The Fintech Times

MAY 7, 2024

In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed. However, the same cannot be said in the US.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

PYMNTS

NOVEMBER 5, 2019

Faster Payments Council released new research on the nation’s faster payments progress. A business service can either be used in its native form by participating financial institutions and third parties, or it can be further built on and commercialized by an organization wanting to develop an overlay service on top.”.

Faster Payments 40

Faster Payments Interoperability FedNow ACH 40