By 2025, it is predicted that instant payments will make up 17% ($18 trillion worth) of B2B and consumer digital money transfers. According to Juniper Research, there is growing interest in instant payments. Instant payments are transactions that are completed in less than ten seconds and in real time. A vast difference from typically slower bank transfers. As it stands,...
What do you think about the Strong Customer Authentication elements of the European Payment Services Directive 2 (PSD2)? Would they bring changes to fraud liability issues? In fact, the realization of the regulation is associated with more than one thing. These should be taken into account when managing online fraud attacks. To know more about the PSD2 processes and discover...
Peer-to-peer transfers are the hot topic of the financial industry right now. Several reports recently emerged that show just how fast this payment type is growing for both bank and nonbank providers. According to Early Warning Services, LLC, the bank-owned Zelle network’s provider, 100 million transactions were processed in the three months ended June 30 – a grand total of...
