Deciding whether to create a digital dollar was a key part of an executive order President Joe Biden announced Wednesday morning (March 9) to create a uniform national policy on cryptocurrencies and other digital assets. Get the Full Story Complete the form to unlock this...
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The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. Get the Full Story Complete the form to unlock this article...
ProducePay, which offers a marketplace to connect produce growers with capital and data, has unveiled a product called Quick-Pay+ that it said will offer growers access to pre-vetted customers and improved cash flow, according to a Friday (Feb. 18) press release. Get the Full Story...
The move to embed payments into all manner of customer experiences — be that on platforms, through disbursements, or even via cryptocurrencies — is a process that demands collaboration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The European Commission has pledged to accelerate instant payments across the European Union (EU). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
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The modern ACH Network saw “significant growth” in 2021, processing 29.1 billion payments totaling $72.6 trillion, while same-day automated clearing house (ACH) payment volume was up 74% last year, according to new data from Nacha released Thursday (Feb. 3). Get the Full Story Complete the...
FinTechs and banks are collaborating to give their customers unprecedented flexibility, control and speed, but that can create new security gaps. In the Real-Time Payments Tracker, Dwolla’s Dave Glaser says banks need to think differently about protecting financial data if they want connected banking to...