Revealed: The Stories Behind the Success of World’s Leading Real-Time Payments Schemes

In search of the economic benefits of faster and more efficient payments, most major markets either already have real-time payment schemes in place or in development, and attention is turning to driving adoption.

How New Zealand’s Banks Can Prepare for Upcoming Account-to-Account Real-Time Payments

Next-generation payment schemes, underpinned by the real-time transfer of funds, have become commonplace around the world. Most major markets are now either live with national account-to-account (A2A) instant payment capabilities or have them in development. And research from ACI and GlobalData forecasts that real-time payments will account for 27.8% of all electronic payments globally by 2027.

Fight Fakes Without Friction

Why digital identity validation and verification is now a ‘must have’ for merchant fraud orchestration, and key FAQs when considering a provider

Are European Merchants Ready To Take Payments Real-Time?

Europe has yet to exploit the full potential of instant payments, but this is set to change. The Eurosystem and the European Commission (EC) are combining forces to remove barriers and make instant payments available to all, opening up new benefits for merchants across the continent.

Five Key Considerations for Next-Generation Payments in Aotearoa New Zealand

For Aotearoa New Zealand, which is just starting out on its next-generation payments journey, those economic benefits could be significant. An independent study by the Centre for Economic and Business Research (Cebr), jointly commissioned by ACI Worldwide and Payments NZ, predicted cost savings for businesses and consumers facilitated by real-time payments of $100 million by 2027 if the country had a real-time payments system by 2025, in a fast-growth scenario.

3 Markets To Watch When Assessing Real-Time Payment Fraud Trends

With a continued fraud trend from the physical to the digital, when assessing large real-time payment markets, we have seen that methods such as authorized push payment (APP) scams are reaching large numbers compared with card fraud.

FedNow Service: A foundation for an instant payments world

Read more about how the FedNow Service will work, and how ACI Worldwide can support financial institutions offering 24x7x365 instant payments.

Considering Instant Payments? 4 Steps To Take Now

ACI Worldwide will help you keep pace with the competition and satisfy customer needs by using an instant payments platform like the Federal Reserve’s upcoming FedNowSM Service launching in July 2023.

The Complete Guide to Merchant Payments Orchestration

Payments orchestration platforms typically provide businesses with a single place to monitor and manage multiple payment systems, payment providers and multiple payment methods, allowing merchants to offer customers a wider range of payment options, while simplifying the payment process on the back end.

Why Financial Institutions Must Meet Consumer Expectations Through Modernization

The way we pay has evolved exponentially in the last few years, with huge appetite from consumers to move from plastic cards towards digital card payment methods, such as QR codes and mobile wallets.

The Rise of 3Rs: Resilient Consumers, Retailing Convenience and Rise of Wallets

The first quarter of the year has been exciting for merchants, globally. While ACI’s recap for the 2022 holiday season indicated strong consumer optimism, despite economic headwinds, consumers remained headstrong through the first quarter of 2023. Higher consumer confidence could be seen in the 18 percent increase in transaction volumes, compounded by a 24 percent growth in transaction values.

Ready or Not? Real-Time Payments Are Coming, and Consumers Can’t Wait

Merchants must recognize and respond to customer needs for checkout diversity to keep their sales experiences hyper-relevant to stay competitive.