In all the heated debates about regulating stablecoins and creating a digital dollar, the U.S. Treasury Department has been remarkably quiet about its own existing real-time payments service, FedNow. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Brazil gave us the samba and the sizzle of Rio de Janeiro, but it also serves as Latin America’s hotbed of payments innovation, with a mobile-digital mindset all countries can learn from. Get the Full Story Complete the form to unlock this article and enjoy...
Banks and merchants trying to capture the hearts and wallets of digital-first generations in Latin American countries are finding that younger consumers have come to expect fast, flexible multi-function mobile apps that offer a customizable user experience. Get the Full Story Complete the form to...
Nacha’s Same Day ACH has raised its per payment limit to $1 million on Friday (March 18), a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When they write the book on pandemic success stories, Latin America will need its own separate edition, as few regions paint the great digital shift in such dramatic contrasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
MoneyGram announced Wednesday (March 16) that it has reached a final agreement to settle a legacy enforcement matter with the New York Department of Financial Services, a company release said, and will pay a penalty of $8.25 million. Get the Full Story Complete the form...
Ask companies about digitization, and they’ll say it’s either a “very” or “extremely” important strategy for improving their balance sheet management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As the industry moves toward real-time payments, one area in which there is room for improvement is transparency. That means, for example, immediate confirmation of payment and the payee to avoid lag time. Get the Full Story Complete the form to unlock this article and...
Fifty-nine percent of chief financial officers (CFOs) consider payments digitization to be “very” or “extremely” important to improving their balance sheets, according to “Business Payments Digitization,” a PYMNTS and Corcentric collaboration based on a survey of 400 CFOs from five industries. Get the Full Story...
