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Federal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for the bank to develop a real-time payments service, according to reports. Get the Full Story Complete the form to unlock...
As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money EVP and CPO Lisa McFarland told Karen Webster for the latest edition of the PYMNTS...
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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
When financing a first home, a complicated mortgage process can confuse buyers, and draw out loan underwriting timelines — costing time and money. Yet, lenders often lack the information they need to close loans sooner, and reduce costs for borrowers, Eric Bloomquist, chief product officer...
Many major companies rely on international trade and global supply chains. Keeping these trade flows operating smoothly requires quick, reliable delivery of payments. Consumers similarly demand convenient, rapid money transfer services — especially the many workers who regularly send money overseas to their families. Payment...
The year 2020 is nearly upon us. The shift to real-time payments has yet to keep up with the anticipation — with a notable lack of traction among merchants. Sarah Adams, vice president of global product at First American Payment Systems, tells PYMNTS that new technologies,...
With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role. That’s the view shared by Trevor LaFleche, director, product management, Enterprise Payments Platform Solutions, at Fiserv,...
First Investment Bank (Fibank) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
