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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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52 Mondays 2023: The Year of Acronyms, AI and the Connected Everything
52 Mondays 2023: The Year of Acronyms, AI and the Connected Everything
December 27, 2023  |  Karen Webster

The traditional look back at the end of the year that was begs the question: What have we learned? Specifically, for 2023, the question might...

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FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023  |  Faster Payments

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. The service launched in July with 35 participants, and is expected...

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UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Faster Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

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Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
Fed to Raise Payment Services Prices 1.8%, but FedNow Unaffected
November 17, 2023  |  Payment Methods

The Federal Reserve Board has announced price changes for 2024 that will raise the price for established, mature services by an average of 1.8%. For...

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NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
NCR Voyix President Says Digital Invoices and ‘Clear’ Messaging Pave Way for Real-Time B2B Payments
November 14, 2023  |  B2B Payments

B2B payments are in need of some clarity. “Getting paid is the biggest pain point,” observed Doug Brown, president of NCR Voyix Digital Banking. But...

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Payment Rail Innovations Help Businesses Embrace the Always-On Economy
Payment Rail Innovations Help Businesses Embrace the Always-On Economy
October 25, 2023  |  Payments Innovation

When it comes to innovation in payments, there’s no more exciting time than right now. Historically, the U.S. businesses heavily relied on checks, Automated Clearing...

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Thought Machine and Form3 Partner on Real-Time Payment Processing 
Thought Machine and Form3 Partner on Real-Time Payment Processing 
October 23, 2023  |  Real-Time Payments

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration...

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US Retailers Drive Instant Payment Adoption
US Retailers Drive Instant Payment Adoption
October 23, 2023  |  Faster Payments

Real-time payments has had a significant impact on the retail industry in the last few years, with the recent launch of FedNow® Service likely to...

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