Learn about the process of cultivating the annually anticipated list of the largest financial technology players worldwide for IDC’s 2020 FinTech Rankings.
Which technologies are most important during the rapid transformation of the banking industry of the next decade? Find out with IDC’s Jerry Silva.
Until 2017, the U.S. payments market had no real-time payment rails while other nations across the globe had already launched various instant payment schemes. In 2019, the prospect of a second instant payment rail, FedNow, was announced by the U.S. Federal Reserve. FedNow, if implemented, will join The Clearing House’s (TCH’s) Real Time Payments (RTP) in the market. The increase in adoption of real-time or faster payments worldwide will force banks to reevaluate their payments infrastructures as well as their fraud strategy.