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...
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...
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...
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...
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...
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...
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...
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...
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...