The Road Ahead for FedNow: Collaborative Efforts and Advanced Technologies in the Fight Against APP Fraud – Stanchion Payments

The US Federal Reserve launched the FedNow real-time payment service in July, creating a centralised system it hopes will enable faster cash flow for individuals and businesses in the US. As exciting as the launch of this frictionless new payment rail is, fraudsters will find new ways to exploit merchants and customers. Authorised push payment

Stanchion Taps Pierre Aurel as New Chief Product Officer

Stanchion Payments, a prominent global provider of payment technology, is thrilled to announce the appointment of Pierre Aurel as its new Chief Product Officer. With a remarkable track record in payment product development and innovation, Pierre brings a wealth of experience to his role in Stanchion’s dynamic and expanding team. Pierre Aurel’s achievements include spearheading

Navigating Quantum Uncertainty in the Payments Industry – Stanchion Payments

The need for organisations to protect themselves against quantum threats to cybersecurity is becoming increasingly important as quantum-computing technology advances. Quantum computers have the potential to break many of the encryption techniques currently used to secure data, and this poses a significant risk to organisations in the payments industry. Understanding Quantum Threats in the Payments

ACI Worldwide to Offer Banks New Cross-Border, Real-Time Payment Services

ACI enables financial institutions to utilize Swift Go via the ACI Enterprise Payments Platform ACI Worldwide, a global leader in mission-critical, real-time payments software, today announced the addition of Swift Go to its cross-border payments offering. In response to the growing demand for new cross-border, real-time payment services, ACI will enable banks to utilize Swift

Adyen Set to Free Millions in Daily Cash Flow For Customers With Faster Payout Services

Platform users such as gig economy operators or marketplace sellers will receive instant payouts for services or products sold Adyen increases the velocity of funds movement ‘untrapping’ 1 – 3 days worth of cash flow per customer empowering businesses and accelerating payments to end users Adyen’s banking infrastructure connects directly to real time payment rails

Small Businesses Can Accept More Mobile Payments via Clover with Addition of Tap to Pay on iPhone – Fiserv

SMBs can accept payments using their iPhones and the Clover Go iOS app Small- and medium-size businesses (SMBs) in the U.S. can now accept in-person contactless payments on their own iPhones thanks to an integration with the Clover Go iOS app and Tap to Pay on iPhone. As an extension of the Clover point-of-sale and

Mastercard Accelerates Sustainable Card Efforts

Company to require all payment cards to be Card Eco-Certified by 2028 Mastercard today announced it is accelerating efforts to remove the first–use, PVC plastics from payment cards on its network by 2028. This move further reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth – ACI Worldwide Report

95.0B real-time payments (RTP) transactions were recorded globally in 2022, a YoY growth of 63.2%, according to the 2023 Prime Time for Real-Time report from ACI Worldwide and GlobalData India remains the undisputed RTP leader — responsible for 46% of all transactions worldwide — followed by Brazil, China, Thailand and South Korea Governments and regulators around the world are taking steps to drive

Account-to-Account Payments Set to Revolutionize Shopping, with E-commerce Payments Reaching $525 Billion Globally: Worldpay from FIS 2023 Global Payments Report

Key facts: Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the leading payment method

Demand for Cash Automation Technology Rises as Retailers Seek Efficiency and Security

Investment in devices deployed both in the back office and at the point of sale is increasing, with more than 900,000 units installed globally at end-2022 Security concerns drive smart safe expansion RBR’s brand new study, Retail Cash Automation 2023, reveals that the number of back-office cash automation devices installed globally, including smart safes and