With a proposed rule released last month (the “Proposed Rule”), the Consumer Financial Protection Bureau (“CFPB”) aims to regulate larger nonbank providers of digital wallets, payment apps ...

The non-payment provider enables cash management to be more cost efficient and easier to manage through a TTP. In the UK there are over 6 million users enabled to move the money on time and instantly.

While adoption of modern payment methods in the U.S., such as contactless cards, lags that in the U.K. and Australia, U.S. consumers aged 18 to 34 are not only primed to adopt modern payment solutions ...

The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020. October 07, 2021 01:30 AM Eastern ...

For years, payment service providers (PSPs), the companies that facilitate electronic payments, derived substantial and reliable revenue from processing payments. However, these companies, which ...

Traditional cross-border payment methods are often plagued by high costs, slow processing times and a lack of transparency. Blockchain technology has the potential to transform this landscape by ...

With the decoupling of banking and payment services, new players seek access to settlement capabilities. In this webinar, Colin Colter (Payments Consultant with the World Bank) and Gynedi Srinivas ...

While big tech is posing a threat to established providers of financial services, collaboration could become a key to success at this point. By combining big tech's reach and innovation with the ...

Bundled payment is a way to pay Medicare service providers. Medicare is testing the process to assess if it will improve care and reduce costs. In this article, we examine the Medicare bundled ...