Open Banking’s Post

In the world of payments, staying at the forefront of innovation is key to meeting the growing demands of businesses and consumers alike. 📈 Our industry continues to witness remarkable growth in instant payments and Same Day ACH here in the U.S., as outlined in a recent article by UMACHA President and CEO, Angi Farren, AAP, APRP. In our newest blog, Angi dives into the current landscape of these payment systems, celebrating milestones while highlighting areas that still need our attention and commitment to fuel future progress. Check out the article to get insights on where we stand today—and where we’re headed. Let’s continue shaping the future of payments together! 💬 #Payments #InstantPayments #SameDayACH #Fintech #Innovation https://lnkd.in/g7dXekQm

Are you attending Merchant Payments Ecosystem's event in InterContinental Berlin this week? Be sure to sit down with our #OpenBanking experts Joshua Filler and Andry Reyes to find out exactly why open banking is making businesses be more efficient, offer an innovative alternative payment method, increasing safety of transactions, and... cutting costs! Delivering better and fairer finance in 2024 🚀 #mpe2024 #finance #fintech #payments #innovation #berlin

As Sibos kicks off, an exclusive in my latest Forbes column sharing the details of Mastercard's latest commercial payment offering here: https://lnkd.in/eU-SVSZr Thanks to Mastercard's Alan Marquard and Chad Wallace for the great conversation. What's Mastercard Move Commercial Payments? A near real-time payments solution 24/7, 365 days a year focused on intra and inter-company treasury flows and other corporate payment types. Read the article for more details on this new orchestration offering focusing on trade and treasury payments. #fxcintelligence #payments #crossborderpayments #fintech #financialservices Lucy Ingham Giang Nguyen Kezia Johnson

Among the new European payment methods used between businesses, SEPA Credit Transfers and SEPA Direct Debits top the list. Why? Because, simpler and less costly than cards or cheques, they are the best way to speed up transactions. Moreover, from the customer's perspective, they guarantee a smoother and safer experience. 🎬 Discover instant payment with payment initiation, one of our API-integrable payment modules, just here 👇. #Fintech #BankingAsAService #EmbeddedPayment

Check out our guide on Real-Time Payments to learn how they work, the benefits of the RTP system, and the challenges that may arise when using these types of payments. 💳 🕐 #PaymentProcessing #Fintech #PaymentOptimization #BillingPlatform #SubscriptionManagement #RecurringBillingSoftware #CustomerChurn #Subscription #SubscriptionNews #Ecommerce #SubscriptionCommerce #Payments #RealTimePayments

Let's connect in the Crescent City. Visit #TeamMaverick in the Big Easy and learn how easy it is to monetize payments and optimize your portfolio with the Maverick tech stack. #SEAA #payments #paymentprocessing #paytech #fintech #paytechwomen #womeninpayments #paymentsleadership #highriskprocessing #monetizepayments #paymentssolutions #creditcardprocessing #ISO #ISV #merchantservices #maverickpayments

Being a payment firm in the UK became more expensive yesterday; however, protecting customers and driving innovation can coexist. Discover how payment firms can continue to lead the way following the Payment Systems Regulator's new reimbursement regulation in our latest blog: https://bit.ly/47X0tdS #payments #paytech #fintech #regulation #innovation

All payment firms should aim to minimise the cost of fraud, conduct ethical and sustainable business, and prioritise innovation. However, ... - Costly regulations are eating into innovation budgets 💡 - Challenging economic climates are reducing the priority of ESG 🍃 - Competitive pricing reducing margins is affecting accounting practices 🧮 Ultimately, being a payment firm is becoming increasingly costly. But with a solid understanding of your finances in place, there is a way for the industry to counter the costs and continue to innovate. Discover how in Aurum Solutions' latest blog: https://bit.ly/47X0tdS #esg #payments #fintech #regulation #psr

Our Chair, Charlotte Crosswell OBE, recently featured in PaymentsJournal, sharing valuable insights on the government’s newly announced National Payments Vision (NPV) which highlighted the key role open banking initiatives will play in shaping the future of the UK payments landscape. It was encouraging to see the work we do at CFIT, alongside our coalition partners, recognised at this level – a testament to the importance of our ongoing work. 🔗Read the full article here: https://lnkd.in/e8djs4dc #FinTech #Innovation #FinancialServices #Payments

Big changes are on the horizon for the #EUpayment services market with the introduction of the Payment Services Directive (#PSD3) and Payment Services Regulation (#PSR). These modifications will further revolutionize the industry, enhancing consumer protections, improving control over payment data in #OpenBanking, providing clearer account statements, and allowing non-banks to participate in SEPA schemes. With full implementation expected by 2026, businesses must start preparing now. At Agni Livera LLC, we’re ahead of the curve on these developments and ready to help you navigate this evolving landscape. Let us guide you in adapting to these new regulations efficiently and smoothly! #EURegulations #PaymentServices #FinTech #LiveraLaw #LLC