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Getting real about real-time payments in the United States

Accenture

Conrad leads our core payments practice in North America. Many view instant payments as a powerful catalyst to re-architect financial infrastructures and how payments are managed. Case in point: 96 percent in North America say consumer-to-business payments are already becoming more instant. ³. Playing catch-up.

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In Latin America, Ripple Makes Remittance Waves

PYMNTS

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. and Spain send money to the United States across One Pay FX. That app, the site noted, uses xCurrent software.

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Bank Of America Patent Details Wallet Security System

PYMNTS

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

America 108
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How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

Solutions like telemedicine, secure patient data management platforms, and prediction software incorporating big data and IoT are becoming increasingly integral to the success of healthcare companies, and the pandemic is accelerating their development. Agile has been a part of the Perficient Latin America operational DNA from the beginning.

Software 294
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Bank Of America Merchant Services And Bypass Create A New Digital Commerce Offering

PYMNTS

In a press release , Bank of America Merchant Services said it processed more than 15.2 Businesses in the food and beverage industry will enhance their operations and customer experience with our innovative point-of-sale solution,” said Bank of America Merchant Services CEO Tim Tynan in the press release covered by Finextra.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. The COVID-19 pandemic is taking a tremendous toll on communities across America,” Brainard said.

America 189
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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America. The company's total revenue increased by 59 percent in 2019 to reach $2.30 billion; first-quarter revenue in 2020 went up 38 percent to $652 million.

Regional 207