Mastercard and JP Morgan have partnered to bring open banking payments to billpaying. This is just the first development from the partnership.
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In saturated markets, such as B2C BNPL, differentiators are key to product stickiness. Old-school elements may have a place in some sectors.
Proposed regulations recently released by the Treasury Department help bring added clarity to participants in the digital asset economy. But the process is far from over. Investors, centralized crypto exchanges, payment processors, some hosted wallet providers, and some decentralized exchanges are the most affected. Miners, stakers and developers are not impacted.
The ECB announced the results of their two year digital euro investigation. Many questions still stand. They have decided to move forward.
Federal Reserve's launch of FedNow places instant payments at the forefront, paving the way for the future transformations in the financial services industry
The gig economy has been a driving force for the adoption of real-time payments. This is how it is transforming the gig economy.
Real-Time payments have brought instant processing into focus. Orum has used FedNow to execute rapid, automated account verification
Instant payments are growing in LatAm, but experts at Ebanx Payments Summit call for strong central bank regulation to break banks' dominance.
FedNow may have sparked some real time urgency but institutions may still be stuck in the "receive only" phase. Cloud could help.
While Brazil's PIX has achieved great success, it is not alone. UPI has thrived in India, ushering millions into the digital economy.