NFC World

News from the NFC World journal

Visa Direct funds available in cardholder accounts in 1 minute

Visa has announced that with Visa Direct, funds transferred to US bank accounts will be available within 1 minute or less starting in April 2025. Visa Direct funds available in 1 minute Consumers, businesses and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time. Whether splitting […]

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21X successfully conducts CBDC transactions with Banque de France

21X, which has just received the first ever license to operate an EU-regulated venue for the trading and settlement of tokenized securities, has announced details of its participation and success in the European Central Bank’s (ECB’s) experiments. 21X successfully conducts CBDC transactions The project, in partnership with the Banque de France, as part of the

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Can you pay for entertainment with cryptocurrencies?

Cryptocurrencies have taken finance a few steps forward by changing how funds are sent and received. This improvement cuts across nearly every sector that collects payments for various reasons. Paying for entertainment with cryptocurrencies In the entertainment industry, cryptocurrencies are expanding payment methods, allowing increased access to music, movies, gaming and gambling. The integration of

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BLIK and Swish break new ground with iOS NFC expansions

The European mobile payments landscape is undergoing a significant transformation as leading providers BLIK and Swish unveil plans to expand their iOS NFC payment capabilities. BLIK and Swish iOS NFC expansions With Android users already enjoying seamless tap-to-pay functionality, both systems are now turning their attention to iOS users following Apple’s recent decision to open

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Comparing payment methods at Australian online casinos: What’s fast, secure and convenient

Finding the perfect payment method can make or break your online casino experience, especially for Australian online casino players. Payment methods at Australian online casinos This article has everything you need to compare the most popular casino payment options available in Australia when it comes to speed, safety, cost and availability. We will walk you

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Optimism! Key trends shaping the payments landscape

Every year, the Money 20/20 conference in Las Vegas serves as a barometer for the global payments ecosystem. Key trends shaping the payments landscape The event draws banks, fintechs, tech firms and other industry players to discuss trends, challenges and innovations. This year’s conference, held in late October, revealed a shifting landscape, with five standout

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Modern CFO’s dilemma: How technology gaps impacting growth

A recent study by Payhawk highlights a significant disconnect between the evolving role of CFOs and the technology they rely on to drive business success. Modern CFO’s dilemma: Technology gaps The report, The New CFO Technology Gap, underscores the urgent need for investment in modern financial tools as Chief Financial Officers take on expanded responsibilities

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BofA’s CashPro App to surpass $1 trillion in payment approvals

Bank of America’s CashPro App, a pivotal tool in corporate treasury operations, is poised to exceed $1 trillion in payment approvals by the close of 2024.            CashPro App to surpass $1 trillion This milestone represents a remarkable 25% year-over-year growth in app-based approvals, underscoring the increasing reliance on digital solutions

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EBA CLEARING launches SEPA-wide verification of payee solution

EBA CLEARING has unveiled a SEPA-wide Verification of Payee (VOP) solution designed to help payment service providers (PSPs) comply with the Instant Payments Regulation (IPR) and the European Payments Council’s (EPC) VOP Scheme. SEPA-wide verification of payee This innovative offering provides the 5,000 PSPs connected to EBA CLEARING’s RT1 and STEP2 systems with a comprehensive

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