Tokenization has emerged from a niche concept to a strategic imperative across financial services, increasingly underpinning payment security and the trading of real-world assets. The catch-all moniker might be viewed as shorthand for the secure transmission of information, but use cases differ, and what follows...
Watch more: The Unsexy Payment Infrastructure Powering the Future of eSports, Creator Economies Most of the digital economy’s spotlight falls upon the glamorous. Think viral content, multimillion-dollar games and tournaments, blockbuster game launches, and influencer-driven brand deals. But behind the glitz lies a stubborn bottleneck,...
Watch more: Visa Gives Developers New Tools to Accelerate Agentic Commerce “There’s almost a reimagining of the internet going on right now,” Visa Senior Vice President and Global Head of Growth Rubail Birwadker told PYMNTS CEO Karen Webster. For the past 30 years, eCommerce has...
The Federal Reserve is holding a conference in October focused on payment system improvements. The conference, scheduled for Oct. 21, will explore several aspects of payments innovation, including the intersection of traditional and decentralized finance and the convergence of artificial intelligence (AI) and payments, the...
New data found that nearly a third of all adults in the United Kingdom now use open banking services. Figures from Open Banking Limited showed that more than 15.6 million people and businesses use services powered by open banking, according to a Monday (Sept. 1)...
The South African Reserve Bank (SARB) reportedly wants to let nonbanks access the country’s payments system. The central bank plans to unveil proposals that would let this happen in the first half of next year, ending a monopoly held by commercial lenders, Bloomberg News reported...
While retailers and card networks have made strides in merging card-present and card-not-present payment experiences, the essence of unified commerce extends beyond transaction processing. Unified commerce has become a goal, Matt Swatzell, head of Solutions, North American Acceptance at Visa, told PYMNTS as part of...
Visa found that 73% of university students in the United Kingdom would welcome technology that makes it easier for them to manage their bills. The findings came from a survey of 2,000 students between the ages of 18 and 23, according to a Tuesday (Aug....
In today’s fast-moving financial landscape, standing still means falling behind. That’s why we created PYMNTS Summer School: a dynamic virtual series where leaders across FinTech, banking, payments and digital commerce share the strategies they’re using to shape the future. This eBook captures those conversations, distilling...