Cracking the code: Digital wallet payment trends

by Allied Insights

All aboard the payment rail express, the ride where your financial institution’s digital payments strategy determines your loss mitigation and your users’ satisfaction.

Let’s take a closer look at a crucial pillar of digital wallets: Payment Rails

Payment Rails - Infrastructure and Systems that facilitate the transfer of funds between parties.

Each day we operate more and more in digital currency. Financial institutions’ payment rails fuel the movement of digital currency – and either provide a safety net against or open door for fraud and losses. Payment rails have expanded over recent years to include:

  • ACH
  • RTP (real-time payments)

 

continue reading »

Featured