PYMNTS

JANUARY 21, 2019

where almost everyone is now banked) and made the case for why the Fed was positioned as the best player to operate a ubiquitous, interoperable real-time payments network – even though the Fed doesn’t have a great track record at payments innovation ( #killthecheck ). It isn’t real-time, but it seems good enough for a lot of use cases.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

Fintech Finance

MARCH 15, 2024

“The strong adoption and engagement surrounding the FedNow Service reflects our collaboration with the industry since day one, and this remains a priority as we pursue our shared mission of ubiquitous availability of instant payments,” said Mark Gould, chief payments executive for Federal Reserve Financial Services.

Federal Reserve 52

Federal Reserve FedNow Participant Instant Payments 52

PYMNTS

MAY 15, 2019

In payments, to gain technology, reach and new use cases (and, sometimes, all of the above at once), the debate has always boiled down to “build or buy.” Use cases extend across online marketplaces, gig economy payroll payments , cross-border remittances, loan payouts and insurance disbursements, to name a few.”.

Cross-Border 74

Cross-Border Cross-Border Payments Credential Wire Transfer 74

The Fintech Times

JUNE 13, 2024

Tokenisation unlocks a plethora of use-cases and benefits, such as helping turn everyday technology, like phones and cars, into commerce devices. Mastercard is bringing together key solutions to reduce threats and make online commerce not only ubiquitous: 1.

Visa 69

Visa Online and Mobile Banking Card Issuer Issuers 69

PYMNTS

NOVEMBER 18, 2020

McCarthy said that was a feat largely made possible by the fact that SmartHealth came in with a banking partner and use case already well-defined, making it mostly just a matter of putting a tech stack in place. It went from concept to reality in 19 days this past June.

Push-to-Card 124

Push-to-Card Payments Credit Cards Ubiquitous 124

PYMNTS

NOVEMBER 23, 2016

“There is a lot of talk around use cases and specific benefits for corporate, insurance and other types of disbursements,” he said. Though, at the start, the market similarly explored targeted use cases for the technology, today, he said, Europe takes a broader view of the technology to let it make an impact where it can.

Real Time Payments 73

Real Time Payments Payer Faster Payments Payments 73

PYMNTS

AUGUST 12, 2019

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

PYMNTS

OCTOBER 21, 2016

Ingo Money exists to make digital push payments just as ubiquitous and a whole lot less friction-filled for consumers and businesses. Well then… Ingo and its turnkey Instant Payments platform is set out to make the check’s necessary use cases now considerably smaller.

Push-to-Card 79

Push-to-Card Debit Card Instant Payments Payments 79

PYMNTS

AUGUST 3, 2016

Insurance payments, healthcare reimbursement, merchant settlements, loan disbursements, and payments to workers participating in the shared economy represent a $9 trillion opportunity filled with friction for both the sender and the receiver, with the remaining $1 trillion represented by the more “traditional” P2P payments use cases.

P2P 50

P2P Debit Card ACH Ubiquitous 50

PYMNTS

MAY 1, 2020

As he told PYMNTS, “5G is going to stimulate use cases that require not just speed but low latency, and which are data-driven.”. Success across those endeavors will determine how quickly 5G becomes ubiquitous. Fundamentally speaking, he told PYMNTS, 5G can be likened to an industrial revolution.

Use Case 72

Use Case Government Governance Ubiquitous 72

PYMNTS

SEPTEMBER 21, 2016

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. While both Same Day ACH and real-time payment initiatives have unique functionality and innovative use cases serving distinct end-user needs, collectively, these initiatives will give U.S.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

NOVEMBER 10, 2020

In the meantime, as central banks look toward a rough timeframe of 2025 to get up and running with digital fiat, McCarthy said that over the short term we’ll see more practical use cases leveraging cryptocurrencies — especially in the business-to-business space. We leverage that information before you get onboarded to get a card.

Cryptocurrency 129

Cryptocurrency Blockchain Bitcoin Online and Mobile Banking 129

Faster Payments Council

FEBRUARY 18, 2021

The Real-Time Recurring Work Group will promote the development and adoption of real-time recurring payment solutions to be used by business end users and financial institutions. The list of use cases for real-time recurring payments has grown substantially in recent years.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

Faster Payments Council

FEBRUARY 6, 2022

This month, the FPC released the results of the third installment of the Faster Payments Barometer, the annual survey that gauges progress and perceptions around faster payments, use cases, trends, and challenges.

Faster Payments 68

Faster Payments Cross-Border Payments Cross-Border FPC 68

PYMNTS

JUNE 4, 2019

As artificial intelligence becomes more and more ubiquitous, Gauthier says the move toward shopping by voice in inevitable. There is lot we need to understand about what are the right use cases because trying to do with a smart assistant what already works well in a mobile would be really a waste of everybody’s time.”.

Security 58

Security Ubiquitous Payments Use Case 58

The Fintech Times

DECEMBER 12, 2024

Circle will also work with Binance to build key relationships across the global finance and commerce landscape, as mainstream companies all around the world seek to benefit from crypto infrastructure and stablecoins for an increasingly wide array of use-cases.

Stablecoins 59

Stablecoins Ubiquitous Treasury Innovation 59

PYMNTS

FEBRUARY 1, 2021

It has clarified the banking processes, but RTP is hardly ubiquitous within Italy, much less across the Eurozone. That increase has been driven by P2P payments, where parents are sending money to their children, and, perhaps not surprisingly, tech-savvy younger demographics are sending money to one another using banking apps.

Real Time Payments 100

Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

The Fintech Times

JANUARY 13, 2024

“To accelerate increased adoption of open banking, there needs to be a compelling user experience and expansion of use cases. For that vision to become a reality, open banking payments need to be truly ubiquitous. Integration into digital wallets will boost adoption, as will improvements to the dispute resolution process.

Payment APIs and Integration 81

Payment APIs and Integration Use Case On-Demand Consumer 81

PYMNTS

NOVEMBER 4, 2020

We believe that bitcoin has the potential to be a more ubiquitous currency in the future,” said Amrita Ahuja, chief financial officer of Square. This speaks more to an investment strategy (asset diversification, for example), we contend, than as a pivot toward using cryptos in the service of commerce.

Bitcoin 83

Bitcoin Cryptocurrency Office of the Comptroller of the Currency Consumer 83

Faster Payments Council

JULY 21, 2020

Results from the survey indicated that bill pay ranked as one of the top three use cases for both FIs and businesses with nearly 60% of respondents indicating it as a top priority. Given these findings, the FPC and Glenbrook positioned bill pay as the subject for a second round of qualitative research.

Faster Payments 68

Faster Payments FPC Research Consumer 68

PYMNTS

OCTOBER 2, 2019

The vacuum created by the absence of a ubiquitous real-time or instant payments scheme has been filled in by private sector innovation, perhaps readily evident in offerings like Zelle and Venmo. The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. In the U.S.,

Instant Payments 63

Instant Payments Cash Management Interoperability Cross-Border 63

PYMNTS

APRIL 6, 2016

As reported by NACHA, the electronic payments association, the readiness was disclosed in a survey that had been conducted by the association, with the two strongest use cases identified across same day ACH. Firms are looking to use ACH across payroll and B2B functions.

Same Day ACH 46

Same Day ACH ACH NACHA AAP 46

Faster Payments Council

JANUARY 20, 2020

While that's a healthy number, it demonstrates we still have work to do to reach the goal of ubiquitous adoption that is our target here at the Faster Payments Council. According to the results of our recent Faster Payments Barometer Study, 48% of organizations identify as early adopters of faster payments.

Faster Payments 68

Faster Payments Payments Tools FPC NACHA 68

Faster Payments Council

NOVEMBER 3, 2019

As part of its ongoing mission to understand, influence, and drive the industry toward a ubiquitous faster payments system, the FPC conducted the survey of payments system stakeholders to gauge their views on a variety of topics related to faster payments in the United States. Contact: Elizabeth Grice U.S.

Faster Payments 68

Faster Payments FPC Interoperability Payments 68

PYMNTS

FEBRUARY 24, 2017

developer experience includes a virtual reality and augmented reality community , both agreed that now is the time when the adoption of VR/AR is starting to gain traction as consumers begin to find new use cases for the technologies whose potential they didn’t fully realize before. The VR/AR Commerce Play.

Online and Mobile Banking 68

Online and Mobile Banking Use Case Push-to-Card Consumer 68

PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. That group takes a deeper dive and really looks at the individual use cases, provisioning options and any further impacts that they might see that could potentially happen with ACH payments and beyond,” he added.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

FEBRUARY 22, 2019

As Karen Webster noted in an interview with Acuant CEO Yossi Zekri, although technology (and even use cases) are still evolving when it comes to digital identity, some basic “best practices” can be identified and embraced. “If In the end, the transaction is a process marked by frictionless behavior and individual control.

Credential 52

Credential Account Takeovers Authentication Ubiquitous 52

PYMNTS

JULY 24, 2017

This innovator secretly hoped the government would be so enamored with his innovation and its potential to transform commerce (and any number of other uses cases) that they’d want to own and operate it. No one, since without it, new payments schemes struggle, and many use cases are DOA. The year was 1837. of this effort?

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

Nanonets

JULY 14, 2023

You can also schedule a demo to learn more about our AP use cases! Phase 1: Manual Reviewing Consider a use case where an organisation is going through it's process of reimbursing its regular vendors for the expenses of the month. Want to automate invoice processing ?

Automation 98

Automation Process Payment APIs and Integration Database 98

PYMNTS

APRIL 27, 2020

Consumers like their cards, their rewards and their ubiquitous acceptance. Yet Cagney’s view is that merchants using this blockchain-underpinned system will have the money to encourage consumers to switch. Even though, admittedly, he said, we’re a long way from that.

Blockchain 108

Blockchain Tax Refunds IRS Fed 108

Faster Payments Council

SEPTEMBER 12, 2022

How can we look to this rapidly growing business for new use cases for instant payments? stakeholders should be supporting and identify the challenges in building out the API features that are required for ubiquitous access. What will this look like in the coming years?

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

Fintech Finance

JANUARY 24, 2024

The partnership continues Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling both companies to integrate new instant payment use cases across a range of payment flows. Instant payments became a reality in the U.S.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

PYMNTS

JUNE 24, 2019

What Mastercard sees in Libra in its embryonic stages, he said, is a novel way of combining a cryptocurrency with a private governing body and structure, to create something stable and ubiquitous enough to be used for payments worldwide — at least, it could be. But we have a coalition of players that want to work through this.

Visa 71

Visa Cryptocurrency Payments Regulations 71

PYMNTS

JANUARY 25, 2019

There also remains wide skepticism about the use case for digital currency when transacting, since that is not really what it’s used for, and that is to say nothing of its reputation among mainstream consumers. The timing is something, if not, puzzling. Coinstar Reach.

ATM 75

ATM Bitcoin Digital Currency Federal Reserve 75

PYMNTS

SEPTEMBER 16, 2019

The survey gets information about device ownership, usage, apps, use cases and trusted enablers of those experiences to better understand the connected consumer’s expectations of connected purchasing experiences. Voice is not only the most ubiquitous payment enabler on the planet, it is also the most portable. adult population.

Consumer 89

Consumer Use Case Ubiquitous Credential 89

PYMNTS

MARCH 18, 2019

Meanwhile, there are already two ubiquitous faster (than before) payments rails in the U.S.: Card rails are using push payments to close those gaps and support many new use cases for instant money. as of January 2019. Faster Payments Is Happening, Fast. See First Data and Fiserv. See Mastercard and VocaLink and Transfast.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Fintech News

APRIL 16, 2024

With cashless payment becoming ubiquitous, the Bank of Thailand (BOT) is now paving the way for open finance, aiming to enhance consumer access to financial services. The BOT expects initial use cases under the new policy to be implemented in 2025.

FinTech 117

FinTech Bots Central Bank Innovation 117