Emerging real-time or instantaneous settlement of payments, e.g., FedNow.
In this white paper, TINK (a Visa company) explains how PSD3/PSR is a welcome addition to the development of open banking in Europe. PSR should address standardization issues and past problems with APIs. The requirements should be passed before the summer of 2024 with enforcement happening by the end of 2025.
EUROPEAN COMMISSION INTRODUCES PSD3/PSR TO ADVANCE OPEN BANKING Read More »
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 »
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 »
A BAI report on a joint project between Singapore, Malaysia and Europe to facilitate instant cross-border payments.
PROJECT NEXUS: ENABLING INSTANT CROSSBORDER PAYMENTS (BAI) Read More »
This white paper by Mastercard explains that as real-time payments increase globally, Card-based push payments (push-to-card) enable participants to send funds directly to consumers and small businesses via their payment card accounts. Receipt of funds via a payment card, typically a debit card linked to a deposit account, makes for a seamless consumer experience,
A NEW PUSH FOR PUSH PAYMENTS Read More »