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IndustryUpdate

FPC unveils primer for sending instant payments South Korea, Funet noted that it manages more than
1.5 billion records annually and has earned patents,
The U.S. Faster Payments Council (FPC) released the certifications and global recognition as a transformative
Operational Considerations for Instant Payments Send- blockchain innovation.
Side Primer, offering financial institutions actionable
guidance for enabling instant payment sending capa- MorganFranklin cybersecurity practice goes solo
bilities on the FedNow and RTP networks. Sponsored
by Endava, the guidance emphasizes key areas like MorganFranklin Cyber completed a private equity-
operational readiness, liquidity management, fraud mit- backed management buyout from MorganFranklin
igation and staffing. With sending capabilities marking Consulting, becoming a standalone professional ser-
the next frontier for real-time payments, the primer is vices firm. Led by founding partners Pete Schile, Keith
designed to provide a roadmap for institutions to design Hollender and Jonah Dimeo, the firm feels it is positioned
scalable, efficient systems. FPC aims to equip members for accelerated growth and innovation. Headquartered in
with tools to advance secure, inclusive and reliable faster Charlotte, N.C., with a global presence, MorganFranklin
payment adoption across the industry. Cyber offers expertise in cyber fusion center, incident
response, identity and access management, and more.
Kuady launches new Affiliate Program Backed by M|C Partners’ strategic resources, the firm
aims to expand offerings and capture a growing share of
Kuady, a payment processor in Latin America, launched the $194 billion global cybersecurity market.
an Affiliate Program, offering partners flexible revenue
opportunities through referrals. Affiliates benefit from
competitive, recurring commissions, monthly USD pay- RESEARCH
outs and support from dedicated account managers,
Kuady stated. The company noted the program provides J.D. Power issues 2025 report
creative assets, real-time analytics and flexible models on merchant services satisfaction
like revenue sharing and CPA to align with diverse
strategies, and affiliates can earn from referrals, includ- J.D. Power researchers found that small business owners
ing merchant deposits, while exclusive perks and loyalty are less optimistic than a year ago and increasingly add
incentives enhance engagement. Kuady CEO Lorenzo surcharges for payment processing costs. According to
Pellegrino highlighted the program’s role in expanding the firm's 2025 U.S. Merchant Services Satisfaction Study,
the processor's reach in Latin America’s growing digital 34 percent of merchants apply credit card surcharges,
economy, which empowers affiliates and users alike. but satisfaction with processing costs is 24 points lower
among those that do. Despite expanded acceptance of
KuCoin launches KuCoin Pay digital wallets, BNPL and cryptocurrency, payment
fraud and lack of provider guidance strain satisfaction.
KuCoin launched KuCoin Pay, a crypto payment solu- Shopify leads in satisfaction, followed by Chase and
tion designed to integrate digital currency transactions PayPal. The study highlights rising demand for better
into retail, offering contactless, borderless and immedi- security and support from providers.
ate payment settlements. Reported to be trusted by more
than 37 million users globally, KuCoin said KuCoin Pay Retiree spending fueled $1.5T in economic output
enables merchants to reduce transaction fees, broaden
payment options with extensive cryptocurrency support Retiree spending powered by U.S. public and private
and reach new audiences. Customers can complete pur- sector pensions contributed $1.5 trillion to the economy
chases via QR codes or the KuCoin app for a seamless in 2022, supporting 7.1 million jobs, according to the
checkout experience, KuCoin added. By facilitating gift National Institute on Retirement Security’s Pensionomics
card purchases and mobile top-ups, KuCoin Pay pro- 2025 report. Pension payments, totaling $680.6 billion
motes mainstream crypto adoption, marking a signifi- to 26.3 million retirees, bolstered key sectors like food
cant milestone in enhancing the blockchain ecosystem, services, healthcare and retail, while generating $224.3
the company added. billion in federal, state and local tax revenue. Each pen-
sion dollar supported $2.28 in economic output. The
Leadpoint recognized for blockchain technology report, researchers noted, underscores pensions’ role in
financial security, economic stability and tax revenue,
Leadpoint System was honored with the CES 2025 benefiting communities nationwide.
Innovation Award in Fintech for its blockchain platform,
Funet v2.0. This mainnet technology features a random- Paymentology, audax, MC report
ized, non-competitive consensus algorithm, devised to on cards-as-a-service
ensure energy efficiency, fairness and decentralization.
Capable of 15,000 TPS and supporting security token Paymentology, in partnership with audax and
offerings, central bank digital currencies and NFTs, Mastercard, released a report titled Understanding Cards-
Funet integrates advanced decentralized identity for as-a-Service (CaaS) and the Power of Strategic Partnerships.
enhanced privacy. Deployed across public projects in The report highlights how CaaS empowers banks and

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