Fed’s blockchain integration cuts FedNow settlements to 1.7 seconds, prompting major banks to migrate transactions as BIS projects $120B in…
FedNow Surpasses 16 Million Transactions as U.S. Real-Time Payments Gain Momentum
The Federal Reserve’s FedNow service processed 16 million transactions worth $125 billion by mid-November 2023, with 600 institutions now onboarded…
Tokenized RWAs Surpass $10 Billion as BlackRock and Apollo Drive Institutional Adoption
Tokenized real-world assets hit $10B market cap in June 2024, fueled by BlackRock’s Treasury fund and Apollo’s private equity tokenization,…
New PCI DSS v4.0 Mandates to Reshape Payment Security Landscape by April 2025
Upcoming PCI DSS v4.0 requirements enforce phishing-resistant MFA, real-time script monitoring, and API vulnerability scans, with non-compliance penalties exceeding $100k/month.…
Bundesbank President champions digital euro for European financial sovereignty
Bundesbank President Joachim Nagel advocates for a digital euro to bolster Europe’s financial independence, citing concerns over reliance on foreign…
Customer-centric billing systems yield faster payments and strategic advantages
Electronic bill presentment and payment (EBPP) systems are transforming business operations by reducing costs, enhancing customer experiences, and providing valuable…
Cost and integration concerns keep smaller banks from adopting real-time payments
Smaller banks face significant hurdles in adopting real-time payments due to high costs and complex integration challenges, putting them at…
Mobile Phones Transform Consumer Shopping Landscape
Mobile phones have revolutionized consumer shopping by becoming essential storefronts, driven by digital advances and influenced by the ‘2025 Global…
