How much choice is too much choice? The second day of AFP in Nashville, Tennessee, saw BNY Mellon's Sumner Francisco, Finzly's Karuna Kathir, PTap Advisory's Peter Tapling and Walmart's Sarah Arnio, take to the stage to discuss the adoption and benefits of Faster Payments and the differences between rails such as instant payments, same-day ACH, and push-to-card transactions.
Tokenisation of money has many benefits, but also poses economic, legal and technical challenges that must be addressed if it is to fulfil its potential, says the Bank for International Settlements.
Nium has announced its partnership with Swift in order to enable global financial institutions to benefit from simplified and secure cross-border payments
The Financial Technology Association (FTA) has filed a lawsuit challenging the Consumer Financial Protection Bureau's (CFPB) new buy now, pay later rules.
“The People's Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People's Bank of China, during the Sibos's opening plenary.
PayMate , a digital B2B payments platform, has unveiled its Business Payments App, aimed at assisting Malaysian SMEs in optimising their working capital and fostering economic growth