Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant...
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance with its regulations. A recent example is Broadridge Financial Solutions, which just launched its Instant...
From vendor pay to gig workers, enterprises are merging into the fast lane for payments. And as enterprises adopt models that rely on agile, ad hoc transactions, instant payments, once considered an option for specific payment scenarios, are now emerging as a central pillar of...
Transactions are built atop a first principle of trust. And the faster transactions happen, the stronger that trust needs to be. As digital payments evolve to meet consumers’ expectations for speed and convenience, fraud remains a central challenge for financial institutions and their clients. The...
November 06, 2024
Digital transformation for banks and credit unions in the U.S. is ripe with opportunities, some of which can strengthen customer relationships in ways that only a few years ago would have been scarcely imaginable. With the help of artificial intelligence (AI), direct connections and instant payments technology is moving banks closer than ever to end […]
November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance...
October 30, 2024
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of...
October 29, 2024
Enterprises regularly make ad hoc payments to consumers and small- to medium-sized businesses (SMBs). In the last year, the share of accounts payable (AP) comprised of ad hoc payments has...
November 06, 2024
Peru’s B89 teamed with PagBrasil, which develops cross-border solutions for Brazil’s Pix payment system. The partnership will let B89 — a digital financial solutions company — offer the real-time payment services of Pix International to merchants outside Brazil, according to a Wednesday (Nov. 6) press release emailed to PYMNTS. “This allows Brazilian citizens either tourists […]
October 21, 2024
EBANX is enabling global visual communication platform Canva to offer localized payment options in six Latin American countries. With digital wallets, instant payments, and credit and debit cards enabled by...
October 15, 2024
Paymentus has introduced a tool to help insurers offer instant digital disbursements. The Paymentus Disbursements Accelerator, announced Tuesday (Oct. 15), has been added to the Guidewire ClaimCenter, and is designed to help insurers...
October 15, 2024
Interlinking fast payments systems (FPS) across different jurisdictions could enhance cross-border payments, making them low cost, fast, easy to access and transparent, the Bank for International Settlements (BIS) said Tuesday...
