Remove 2025 Remove Innovation Remove Payments
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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

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Amex to prioritize growth in 2024, product innovation in 2025

BankInovation

American Express plans to invest in product innovation in 2025 to keep up with anticipated growth in 2024. “We currently have plans to refresh around 40 products globally next year,” Chief Financial Officer Christophe Caillec said today during the card giant’s fourth-quarter earnings call.

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How to grab your share of new payments growth

Accenture

Most payments leaders who participated in our Growth in Payments research think digital payments could overtake plastic cards and cash by 2025. It’s clear that they expect a surge in payments innovation, different consumer behaviors, shifting regulations—and new payments growth.

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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. Data: $86B: Estimated spend on in-car commerce by 2025. All this, Today in Data. 25%: Share of U.S.

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Banking Predictions 2024: Gray Skies Are Going to Clear Up (in 2025)

Gonzobanker

Regulatory headwinds, iffy economic conditions and a more conservative approach to tech innovation spending are combining to put a damper on BaaS growth. Because BNPL is as much a pre-payment part of the purchase process as it is a payment decision. Real-time payment volume won’t materialize in 2024. Big surprise, eh?

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Charles Potts: Innovation trends for 2023

Independent Banker

Image by Worawut/Adobe By Charles Potts As we turn the page to a new year, the innovation evolution continues. ICBA is leaning into it, bringing its ThinkTECH Accelerator program and innovation efforts in-house to provide community bankers with targeted solutions. Momentum around faster payments, real-time payments and FedNow.

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Mphasis Teams With R3 On Blockchain Payment Solutions

PYMNTS

Information technology services provider Mphasis is teaming with global enterprise services provider R3 to work on blockchain-based payment solutions, a press release says. Corporate payments are also a big driver in that space, with 17 percent of B2B payments expected to be real-time by 2025.