$ Transfers and Digital Payments

Emerging P2P, B2B, B2P, C2B, A2A, Fintech, crossborder money transfer platforms e.g., Western Union, WorldRemit, domestic money transfer platforms, e.g., Zelle. Also included is content related to Central Bank Digital Currency (CBDC).

THE CONVERGENCE BETWEEN TELECOMMUNICATIONS AND FINANCIAL SERVICES

$ Transfers and Digital Payments, 2023, ALL CONTENT, Other Non-Financial, Panagiotis Kriaris, PDF/DOC, Telecom, Wallets /

In this Linkedin post, developments are examined as mobile phones are becoming banks in our hands (or banks are being embedded into our mobile phones). This convergence of telecom and financial services has competitive implications for both.

THE CONVERGENCE BETWEEN TELECOMMUNICATIONS AND FINANCIAL SERVICES 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 »

THE FUTURE OF ONLINE PAYMENTS: BNPL, UPI, EMBEDDED FINANCE AND MORE

$ Transfers and Digital Payments, 2023, ALL CONTENT, Jasbirs Juneja, PDF/DOC, Real-Time Payments, Redseer Strategy Consultants, Unified Payments Interface (UPI), Wallets /

In this report, recent rends in the online payments ecosystem in India are discussed, from UPI and digital wallets to Buy Now Pay Later (BNPL). The report also discusses how fintechs are gearing up to meet the demands of future customers.

THE FUTURE OF ONLINE PAYMENTS: BNPL, UPI, EMBEDDED FINANCE AND MORE Read More »

BUY NOW, PAY LATER USAGE BETWEEN BNPL USES ONLY AND BNPL USERS WITH CREDIT CARDS

$ Transfers and Digital Payments, 2023, ALL CONTENT, Center for European Policy Research (CEPR), PPT, Wallets /

This slide shows a comparison between shoppers using a buy now, pay later option vs buy now, pay later users who have a credit card. The purpose is to show how BNPL has empowered a greater number of consumers.

BUY NOW, PAY LATER USAGE BETWEEN BNPL USES ONLY AND BNPL USERS WITH CREDIT CARDS Read More »

THE FUTURE OF INDIA’S DIGITAL PAYMENT

$ Transfers and Digital Payments, 2023, ALL CONTENT, Jasbirs Juneja, Link, Open Banking, Real-Time Payments, Redseer Strategy Consultants, Unified Payments Interface (UPI) /

In this publicly available report from Redseer Strategy Consulting, it is estimated that 85% of businesses in India will be digitally enabled by FY26. This means that a large majority of businesses in India will have embraced digital technologies and processes for their operations.

THE FUTURE OF INDIA’S DIGITAL PAYMENT Read More »