WikiPay Research

ACI WORLDWIDE DEBUTS DIGITAL CENTRAL INFRASTRUCTURE TO FAST-TRACK REAL-TIME PAYMENTS ADOPTION

$ Transfers and Digital Payments, 2023, ACI, ALL CONTENT, Consulting/Implementation, Link, Platform/Back-End-Engine/Banking-As-A-Service, Pymnts, Real-Time Payments, Vendor /

This article describes how ACI empowers central banks with a secure central payments infrastructure to accelerate real-time payments growth.

ACI WORLDWIDE DEBUTS DIGITAL CENTRAL INFRASTRUCTURE TO FAST-TRACK REAL-TIME PAYMENTS ADOPTION Read More »

HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH

$ Transfers and Digital Payments, 2023, ACH, ALL CONTENT, Bessemer Venture Partners, Central Banks/Government, Fed Now, Link, Marcel Van Oost, Other Strong Payments Component (e.g., insurance, healthcare), Real-Time Payments, Stablecoin, Venmo, Wallets, Zelle /

FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.

HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH Read More »