Digital Transactions Authoritative, insightful and timely information for payments professionals

Visa Touts Its X Money Deal As It Celebrates Results for Tokens, Credentials, And ‘Tap’ Services. Continuing its focus on developing consumer payments, tapping new business flows, and providing value-added services, …

Jan 8, 2025 · One encouraging development for TCH is that the system, launched in 2017, is seeing more million-transaction days, after witnessing the first one a year and a half ago, according to the spokesman. “Almost every Friday has been over a million,” he says, while noting that day is typically a payday. But “even Sundays tend to be over a million now,” he notes.

Another Step for Pay by Bank and other Digital Transactions News briefs from 2/6/25. Trustly, an open-banking specialist, will work with payments specialist Spreedly to offer pay-by-bank services to …

Dec 23, 2024 · An enabler will be standards imposed by regulators, with Capgemini pointing out the Consumer Financial Protection Bureau’s recent Section 1033 of the Consumer Financial Protection Act of 2010 requires banks to share customer data in a standardized format with authorized third parties. Instant payments are available in many forms, including persont-to-person payments, and are forecast to grow ...

Feb 1, 2025 · With the fight over interchange showing no signs of abating, merchant groups look to legislation as the problem solver. The ongoing battle between merchants and card networks over interchange and network fees has only intensified since the adoption of Regulation II, which capped debit interchange, more than a decade ago.

Digital Transactions Authoritative, insightful and timely information for payments professionals

Feb 3, 2025 · The Clearing House Payments Co.’s Real Time Payments Network said it passed 1 billion cumulative payments on Friday. The network, operated by TCH since 2017, also set single-day records Friday for number of payments, at 1,592,419, and value, at $1.44 billion.

Jan 30, 2025 · Same-day ACH payment volume topped 1.2 billion payments in 2024, said Nacha, the automated clearing house rule maker, and was valued at $3.2 trillion.Nacha said same-day ACH volume increased 45.3% from 2023 to 2024. Overall, ACH Network payment volume rose 6.7% from 2023 to 2024, to 33.6 billion payments in 2024.

4 days ago · Trustly, an open-banking specialist, will work with payments specialist Spreedly to offer pay-by-bank services to merchants.; ACI Worldwide Inc. will work with Banfico, a provider of technology for open banking and regulatory compliance, to help banks and payment service providers in Europe comply with confirmation of payee and verification of payee requirements.