article thumbnail

Scam Survey: UK Consumers Lack Confidence in Real-Time Payments Security

Fintech Finance

An international survey on the uptake, trust, and future of real-time payments (RTP) from global analytics software leader FICO highlights the need for UK banks to focus on building confidence in the security of the payment method.

article thumbnail

Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

Federated and decentralised identity frameworks also benefit from tokenisation, which can enable secure, consent-based sharing of identity attributes without exposing the underlying data. This model holds particular promise in real-time payments and open banking environments, where data minimisation and user control are top priorities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Rise of Real-Time Payments (RTP) : Real-time payment systems are expected to grow by 15% annually , as consumers and businesses alike demand instant fund transfers.

article thumbnail

Paysafe: US SMBs Prioritise Payment Security and POS Upgrades to Bolster Growth Plans

The Fintech Times

Over the next year, 52 per cent of SMBs expect to upgrade their point of sale (POS) system to support mobile and contactless payments, with 47 per cent diversifying to include mobile POS terminals. Payment security also remains important for SMBs, with 77 per cent expressing concerns.

article thumbnail

Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

. “Crypto.com Pay is a secure and scalable technology, offering our customers yet another innovative way to interact with cryptocurrency – as the future of payments.” ” Ingenico showcased live demonstrations of its new crypto payment solution throughout Singapore Fintech Festival 2024.

article thumbnail

Intergiro Bolsters Embedded Finance Defences With SEON Partnership

The Fintech Times

.# Businesses and consumers alike will benefit from heightened security and smoother transactions at every touchpoint, with reduced friction during verification, accelerated compliance checks, and seamless real-time payments. Nick Root, CEO at Intergiro It will also enhance protection across all financial transactions.

article thumbnail

How To Find the Best Payment Gateway for Your Business in 2025

EBizCharge

Seamless gateway integrations with other business tools , such as shopping carts and accounting software, can reduce manual work and streamline operations, saving time and resources. Integrations ensure all payment details are accurately reflected in your systems.