Citi is partnering with Coinbase to build stablecoin payment capabilities for institutional clients. The partnership will focus initially on crypto on- and off-ramps, which enable clients to convert between digital assets and fiat currencies. It’s unlikely that many banks will build their own integrations with crypto rails. But with infrastructure partnerships, native on- and off-ramps should become more common. Cryptocurrencies and blockchain infrastructure will be increasingly complementary to the traditional financial system.

Real-time payments adoption is still in its infancy in the US. But business and consumer demand are increasing, providing a growth opportunity for banks and customer-facing payment providers.

Despite growing demand, the ACH Network may struggle to keep up this momentum as real-time competitors advance

Holiday spend, international transactions, and non-card payments boosted growth

Working with Visa will bring the future P2P platform added trust and security—as well as real-time payment capabilities

We may have been a little too early with some of our predictions—rollouts for Paze and FedNow took longer than we expected

The faster payments scheme is now a true real-time payments competitor on par with The Clearing House’s RTP Network and FedNow

The mobile wallet’s scaled-back rollout has been slow. But wero should be able to overcome that thanks to its transformative nature

The capability should help boost Pix’s in-store volume, serving as a roadmap for the US’s FedNow to boost retail adoption

US real-time payment transaction volume will nearly quadruple between 2023 and 2028, according to GlobalData and ACI Worldwide.

Two US payment systems—FedNow and the RTP network—are driving real-time payments growth. New features, industry innovation, and emerging use cases will help them overcome implementation hurdles.

EWA gives consumers more financial flexibility, especially for gig workers and lower earners

The upgrade can bring in more value-added services revenues for the network and spur greater real-time payments adoption

The retailer is pushing non-card payments to save on swipe fees, a perennial frustration for merchants, but getting consumers to make the switch will be tricky

In the fourth of five reports in our “Payments Ecosystem” collection, we look at what’s influencing growth across P2P, remittance, bill pay, payroll, and B2B transactions—and what it means for payment providers.

Small and medium-sized businesses will account for almost half of the $35 trillion B2B payments market this year. They have been slow to digitize, handing B2B payment providers a unique set of needs to address.

Acquirers, networks, and issuers each play distinct roles in the payments purchasing chain. But those roles are shifting as providers adapt to the rise of software and value-added services, increased payment method choice, and cloud-based innovation.

The Clearinghouse’s RTP Network and Nacha’s Same Day ACH network face steeper competition in Q3 from FedNow

The launch of the real-time payments system could disrupt the US payments landscape, but it may be a couple of years before its real ramifications are clear

The real-time payments system could create a loss of interchange revenue and other challenges—but that’s not stopping them from signing up for it