2023 ACI Speedpay Pulse report: ACI Worldwide
September 7, 20236 min
As consumer debt rises, faster payment processing in real-time payments enables Americans to defer their bill payments but still pay on time
PayPal launched U.S. Dollar Stablecoin
August 8, 20237 min
PayPal USD (PYUSD) is fully backed by U.S. dollar deposits, short-term U.S. treasuries, and similar cash equivalents, and can be redeemed 1:1 for U.S. dollars Fully-backed, regulated stablecoins have the potential to transform payments in web3 and digitally native environments. To address that emerging potential, PayPal announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). PayPal USD is designed to contribute to the opportunity stablecoins offer for payments and is 100% backed by U.S....