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North American cashless payments to climb 7% by 2028: report

Payments Dive

Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.

Report 434
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Push payment scam losses to surpass $3B by 2028: report

Payments Dive

fraud losses due to push payment scams are rising, partly because of more real-time payments, according to a report from the payments company ACI Worldwide.

Report 221
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Real-time payments to make uneven progress, report predicts

Payments Dive

The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

Report 221
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P2P market to reach $6.2B by 2028

BankInovation

billion by 2028, according to a January report by market research group The Business Research Co. The peer-to-peer payments market is growing as consumer demand ticks up and new competitors enter the space. P2P payment market size is expected to reach $6.4 In fact, 81% of banked U.S. consumers have P2P accounts, according to a […]

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FDIC Releases Latest Information Regarding the Deposit Insurance Restoration Plan

Perficient

percent by the statutory deadline of September 30, 2028. percent by September 30, 2028. percent by the statutory deadline of September 30, 2028. This action became necessary due to extraordinary deposit growth during the first half of 2020, causing the DIF’s reserve ratio to dip below 1.35

FDIC 221
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Instant payment transactions to surpass USD 58 trillion worldwide by 2028

The Paypers

Juniper Research has published a new study showing that instant payment transactions are set to surpass USD 58 trillion globally by 2028, competing with card payments.

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Providing Rideshare Drivers, Tour Guides With Innovative Payments

PYMNTS

50 percent: Share of the American workforce that will be made up of gig workers by 2028. And platforms that don’t innovate to support the gig economy’s payment needs will soon find themselves obsolete. All this, Today in Data. Data: $443B: Projected value of the gig economy by 2023. 1.4T: Total value of payments made by U.S.