Showing results for 'FedNow' in Articles
59 Articles | 10 Magazines | 0 Research | 0 Whitepapers

Pix transactions exceed 6 billion monthly

22 Jan 25 @ 16:38

Matera has released its latest Pix by the Numbers report, showcasing the remarkable growth of Brazil’s Pix payment system and its innovative developments for 2025. The report covers data through Q4... read more

Is the US ready for Open Banking?

08 Jan 25 @ 16:51

Open Banking in the UK and Europe was introduced in 2018, with regulations mandated by the EU’s Payment Services Directive 2 (PSD2). Six years later, has it caught on in... read more

Accelerating instant payments adoption in the US

20 Dec 24 @ 13:47

The landscape of instant payments in the US is undergoing significant transformation, with projections indicating substantial growth in adoption rates by 2028. According to Reed Luhtanen, Executive Director of the... read more

Managing risk and compliance in the instant payments era

17 Oct 24 @ 12:30

Our first article in this series established the huge growth today in global instant payments both domestically and across borders. Below, we examine the challenges this creates for banks struggling... read more

A2A payments set for explosive growth by 2029

09 Oct 24 @ 16:35

A new study has revealed that A2A payments (Account-to-Account) are poised for rapid global growth, with transaction volumes expected to rise from 60 billion in 2024 to an astounding 186 billion... read more

Report: Instant payments to herald a second digital finance revolution

09 Oct 24 @ 15:51

A new report from FIS argues that the current shift to instant payments – set to total more than one in three transactions by 2030 – represents the start of a... read more

Legacy systems still weigh heavy but payments are priority

30 Sep 24 @ 12:43

Retail banking is in various degrees of flux yet it is becoming clear that payments have fast become the differentiating factor for success. While much of the noise around modern... read more

Why Payment Account Tokenization (PAT) is vital for an instant future

13 Sep 24 @ 10:09

A new report from Token ID, A Visa Solution, outlines in detail why Payment Account Tokenization (PAT) is essential to the future of payments. As the global economy digitises, the new report... read more

AI in payments: The future of financial transactions?

11 Sep 24 @ 12:22

The integration of AI into the payments industry is no longer a futuristic concept; it’s a transformative reality actively reshaping how transactions are conducted, streamlined, and secured. With the global... read more

Cross-border faster payment: Insights from Fed Governor Waller

02 Sep 24 @ 10:20

In a recent address at the Global Fintech Fest in Mumbai, Federal Reserve Governor Christopher Waller raised critical concerns about the potential risks associated with rapidly linking faster payment systems... read more

How Pay-by-Bank is gaining ground

26 Jul 24 @ 10:30

Are we on the brink of a revolution that displaces Visa and Mastercard from their pole position in payments? For decades, merchants have needed to accept these cards to capture... read more

Is Request to Pay the new frontier of payments in Europe?

06 Jun 24 @ 11:18

In a world where every tap, swipe, and click seems to enable the seamless transfer of funds, a new player has emerged on the payment scene. Poised to shake things... read more

A2A payments: thriving through government support

16 May 24 @ 13:24

New data from The Global Payments Report 2024 from Worldpay shows Account-to-Account (A2A) payments thriving in emerging markets – as well as some developed markets. Around the world, A2A payments are... read more

Instant payments offer a potential efficiency boost

13 May 24 @ 16:08

Real-time or Instant Payments networks operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. They also enable almost immediate money transfers between accounts, enhancing transaction... read more

US businesses, consumers increasingly adopt instant payments

07 May 24 @ 15:42

US businesses and consumers are rapidly adopting digital, instant payments services, according to studies released by Federal Reserve Financial Services. Digital wallet use saw especially strong growth in 2023 —... read more

Global real-time payments transactions hit record highs

03 May 24 @ 14:10

Global real-time payments (RTP) growth has reached sustainable levels with 266.2 billion real-time payments transactions recorded in 2023 – a year-over-year (YoY) growth of 42.2% – according to the 2024... read more

“Peak payment card” might be closer than we think

20 Mar 24 @ 17:08

Last year, US merchants paid a record $161 billion in processing fees to accept nearly $11 trillion in payment cards value according to the Nilson Report, which also notes that the... read more

Banks plan to maintain or increase technology investment in 2024

27 Feb 24 @ 16:35

Over 100 bank executives have been interviewed to gain insights into their bank’s biggest challenges, spending initiatives and tech preferences for 2024. The State of Banking survey shows that bank... read more

APP fraud losses expected to hit $6.8 billion by 2027

06 Dec 23 @ 11:18

APP fraud (Authorized Push Payment ) losses are on the rise and expected to climb to $6.8 billion — a combined compound annual growth rate (CAGR) of 11% — by... read more

3 in 5 Americans expect all payments to become digital payments

01 Dec 23 @ 12:01

Three in five Americans (58%) expect all payments to be digital payments in the near future, rising to two thirds among millennials (67%), according to a new survey “Cashing in... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more