Remove 2019 Remove C2B Remove On-Demand
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Fiserv On Why 2020 Is ‘The Year Of P2P’

PYMNTS

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions.

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TRENDING: Inside Hong Kong’s New Faster Payment System

PYMNTS

Demand is also heating up for real-time gross settlement (RTGS) systems. Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish. USD) per transaction. To read the full story, download the Tracker.

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Deep Dive: Reinventing Supply, Demand And Purchasing In The COVID-19 Era

PYMNTS

The COVID-19 pandemic’s impacts are already being felt across various business sectors, and efforts to reduce its spread are sending ripple effects through supply chains and shifting B2B and consumer-to-business (C2B) payment practices. Floundering Global Demand. The Pinch Of Interrupted Chinese Production.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

It’s been reported that TCH had 36 banks on board RTP at the end of 2018, and expects that number to reach 1,000 by the end of Q1 2019 – about two weeks from today. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. No date has been given for that process.

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Mastercard: Moving Beyond The Cards With Payment On Delivery, Online Bill Pay

PYMNTS

To hasten that adoption, In two recent examples, Mastercard said earlier this week that it is piloting a new service with PNC Bank called Payment on Delivery (which replaces, and should not be confused with, cash on demand, or COD). Real time, ready for prime time? Adoption of any new payments service does not happen overnight.

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