Federal Reserve Financial Services (FRFS) recently announced pricing information for the FedNow Service in 2025. Notably, pricing and fees will remain unchanged year over year, with one modification to exclude charges for transactions made within the same financial...
One Inc and U.S. Bank Partner to Modernize Payment Solutions for Insurance Carriers and Policyholders
"One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) and Life insurers. In the future, the partnership will...
Priceline Selects Affirm as Pay-Over-Time Provider for Priceline Partner Solutions
"Affirm and Priceline announced an expanded partnership. Through their deepened collaboration, Affirm is the pay-over-time provider for Priceline’s B2B business, Priceline Partner Solutions."
Artificial Intelligence in UK Financial Services – 2024
"The Bank of England and Financial Conduct Authority conducted a third survey of artificial intelligence and machine learning in UK financial services."
Apple, Google to Face UK Probe Over Mobile Browser Dominance
"Apple Inc. and Alphabet Inc. are set to face a formal investigation over their dominance of web browsers on cell phones, the UK’s antitrust regulator said in a provisional decision aimed at curbing the tech giants’ stranglehold on mobile operating systems."
Mastercard’s MTM Connects to J.P. Morgan’s Kinexys Digital Payments for Settlement
"Mastercard’s Multi-Token Network (MTN) has connected to Kinexys Digital Payments as a payment settlement solution to enhance the availability of B2B cross-border payments to business applications on MTN. Kinexys Digital Payments is a next-generation payment rail...
New Fed Payments Study Details Card Use in the US
"The Federal Reserve released new information about card payments and alternative payment methods by consumers and businesses in the United States. Specifically, the latest Federal Reserve Payments Study looks at general-purpose (GP) credit, non-prepaid debit, and...
Value-Added Tax on Digital Services in Peru
"Legislative Decree No 1623, enacted on 4 August 2024, has introduced significant changes to Peru’s framework on value-added tax (VAT), extending its application to digital services and intangible goods acquired by Peruvian consumers from foreign providers...If a...
SIIPS Report 2024: Charting Africa’s Progress in Inclusive Digital Payments
"As Africa continues its digital transformation, the SIIPS Report 2024—launched today in Accra in partnership with AfricaNenda, the World Bank, and the United Nations Economic Commission for Africa (UNECA)—highlights the extraordinary growth of Instant Payment Systems...
TreviPay Embeds Dynamic Trade Credit Application into B2B Buyer Onboarding Process
"TreviPay, a B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. With TreviPay’s proprietary Risk Management Platform, business buyers can now apply for trade credit through...