PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. It’s the culture that is changing.”.

Real Time Payments 117

Real Time Payments B2B Value Added Service ISO 20022 117

Fintech Finance

SEPTEMBER 9, 2024

The collaboration empowers local licensed institutions and merchants to conduct a wide range of transactions, including B2B, P2P, B2C, and C2B payments. These services will support diverse cross-border use cases, including foreign education payments, e-commerce transactions, and local acceptance of gig economy payments.

Cross-Border Payments 130

Cross-Border Payments Cross-Border C2B Treasury Management 130

Stax

MARCH 14, 2024

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World. About The Tracker.

Real Time Payments 92

Real Time Payments RTP P2P AI 92

PYMNTS

MARCH 10, 2020

Will this be the year that real-time payments — and, especially, peer-to-peer (P2P) — reach critical mass in the United States? The data points to a confluence of events, as Wilcox told PYMNTS: a readiness on the part of consumers to embrace real-time payments, and an increasing readiness of FIs to serve them. “I

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

SEPTEMBER 18, 2020

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. SWIFT to Launch New Real-Time Rails.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

MARCH 12, 2020

The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm. Businesses try to make up the lag time by paying invoices with credit cards, but it’s a mismatch that can harm profits.

B2B 63

B2B B2C Payments Retail Payments 63

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. Three percent of, well, anything is not a lot.

Checks 66

Checks Real Time Payments Faster Payments B2C 66

Fintech News

FEBRUARY 15, 2024

2024 is expected to be a year of innovation for the fintech industry, marked by advancements in artificial intelligence (AI), cross-border and real-time payments, cryptocurrency and blockchain, and bundled software-as-a-service (SaaS) offerings.

Innovation 118

Innovation FinTech Cross-Border Payments Cross-Border 118

Fintech Finance

JANUARY 23, 2024

Before joining Mastercard, Oakes was a payments expert in consulting at McKinsey and KPMG where she provided strategic advice and advisory services to central banks, financial institutions and clients from the payments industry with a specific focus on cross-border payments and the roll out of real time payments, open banking and embedded payments.

Cross-Border Payments 52

Cross-Border Payments Non-Bank Cross-Border B2C 52

Faster Payments Council

MAY 17, 2021

While real-time payments (RTP) was previously considered an infrastructure luxury, it has now become a common method of payment in many parts of the world. This adoption has changed the payments landscape. Introduction on RTP and its adoption around the world.

RTP 88

RTP G2C C2B Real Time Payments 88

PYMNTS

DECEMBER 31, 2020

Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need. This study showed that consumers display significant interest in real-time payments once they fully understand them. Key Data Points: It takes only 78.5

Innovation 111

Innovation Online and Mobile Banking Real Time Payments Cross-Border 111

PYMNTS

JANUARY 23, 2020

Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement methods increasing over the past few years.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

JUNE 18, 2019

Adoption of real-time payments in the U.S. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. ’s push for real-time payments is led by The Clearing House, which aims for ubiquity of its real-time payments (RTP) network by 2020.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

Faster Payments 40

Faster Payments Same Day ACH Real Time Payments Treasury 40

PYMNTS

APRIL 16, 2019

If you look outside B2B or B2C, or consumer P2P, they are needed just about anywhere,” he said of APIs. another driver of API adoption comes courtesy of the real-time payments space, where a tailwind exists from the fact that as many as 56 real-time payment rails will be live domestically by 2020.

API 71

API P2P B2B Payment APIs and Integration 71

PYMNTS

NOVEMBER 3, 2020

Everlink, FINTAINIUM Partner For Real-Time Payments. Everlink Payment Services has its eye on real-time B2B payments with a new partnership with FINTAINIUM , the companies announced this week. OpenPayd Debuts Real-Time FX.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

DECEMBER 18, 2020

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). The value lies in offering payments anywhere, anytime, across a range of B2C and increasingly B2B use cases.

Economy 67

Economy API Payment APIs and Integration FedWire 67

PYMNTS

DECEMBER 24, 2019

10: Via Faster Payments. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020. continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity.

Consumer 64

Consumer Zelle P2P Real Time Payments 64

PYMNTS

JUNE 2, 2020

This month’s Deep Dive examines the factors affecting the nation’s more than $103 billion healthcare market and how digital B2C solutions can streamline the payments process. Interest in real-time payment rails had been growing even before the pandemic added financial strains that made waiting for payments especially painful.

Real Time Payments 52

Real Time Payments Debit Card B2C Checks 52

PYMNTS

MARCH 13, 2020

But the speed of payments for B2B solutions still has a long way to go, with many paper checks still circulating at sluggish speeds, and high percentages of businesses requiring numerous different sign-offs before money reaches where it’s going.

Process 60

Process Payments B2C B2B 60

PYMNTS

MARCH 2, 2020

But while there are a nearly endless number of cases presenting corporate payments challenges, increasingly, businesses of all kinds are seeking a similar experience — and prepaid card technology can be a valuable tool in meeting those requirements. It’s on your phone, it’s virtual, and in seconds it’s pushing a payment to a person’s phone.”.

B2C 60

B2C Payments Push-to-Card On-Demand 60

PYMNTS

SEPTEMBER 19, 2019

Things have changed of course, because the very nature of payments has changed, and is changing. Batch processing, increasingly, is giving way to real-time payments and processing throughout the day. As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day.

Treasury 46

Treasury Real Time Payments Payment APIs and Integration Cash Management 46

PYMNTS

OCTOBER 28, 2019

Receivers will have funds available to spend within minutes, enabling real-time, cross-border, cross-currency payments capabilities for C2C, B2C and B2B use cases. At least 100 additional countries are being evaluated for enablement of real-time payment capability by the end of 2020.

International Payments 51

International Payments API Payment APIs and Integration Cross-Border 51

PYMNTS

DECEMBER 2, 2019

The change is coming and can be anticipated, across C2C to B2C to B2B — and providing at least some sort of roadmap. You certainly need a map, too, as payments are increasingly crossing borders and time zones, and FX rates suddenly become par for the course. There can be literal dark days ahead.

Cross-Border 55

Cross-Border Cross-Border Payments Payment APIs and Integration Treasury 55

PYMNTS

JUNE 18, 2019

It’s a well-known fact, too, that corporate payments (the B2B kind) are ripe for digitization, and for a wholesale move away from the paper chase, where checks are still stubbornly tied to 50 percent of corporate transactions. where, for example, the Federal Reserve is mulling the development of its own real-time system. (

RTP 78

RTP P2P B2B RFP 78

PYMNTS

OCTOBER 21, 2019

The skewed flow of funds to the business-to-consumer (B2C) space comes amid a backdrop where valuations for domestic FinTech unicorns have been inflated. Thus far, the frictionless growth associated with B2C has been preferred to what he called the “grind it out, ROI-based sales model required of B2B.”. The General Landscape.

B2B 40

B2B Innovation B2C Real Time Payments 40

PYMNTS

APRIL 10, 2020

Institutions such as The Clearing House (TCH) and the Federal Reserve have also created payment networks that have made faster, digital payments a reality for business-to-business (B2B) and business-to-consumer (B2C) payment processes alike.

Technology 79

Technology Legal Checks B2C 79

PYMNTS

AUGUST 2, 2019

One stark takeaway from this study is that while in nine of the 10 countries included, at least 30 percent of consumers preferred bank/direct debit to pay for online subscriptions, only one of the top 44 B2C subscription sites even offers bank/direct debit as an option to pay. Speed Matters for Subscription Payments.

Cross-Border 43

Cross-Border Payment APIs and Integration Real Time Payments Credit Cards 43

PYMNTS

SEPTEMBER 27, 2019

There is never a dull moment in the world of payments and commerce, and no matter how hard you work to keep up, it can be easy to miss something. For all the progress that’s been made on digital payments , the world still has 1.7 The Real-Time Payments Receivables Conundrum.

FinTech 46

FinTech Real Time Payments Cross-Border Legal 46

PYMNTS

AUGUST 14, 2019

Indeed, there are plans or deployments in more than 40 countries around the globe to bring faster payments or real-time payments (RTP) into the fold. to fully embrace real-time payments for both B2B and B2C activity.”. Among the factors helping to promote the growth of RTP?

P2P 49

P2P Zelle Venmo RTP 49

PYMNTS

DECEMBER 1, 2020

And the pandemic has exposed some pain points in B2B transactions, as banks have to process payments no matter where their corporate customers are (B2B payment volumes are growing even as overall GDP has taken a hit, he added). Many of those FIs have their own data centers on-premise.

ISO 20022 71

ISO 20022 B2B Payments Wires 71

PYMNTS

NOVEMBER 15, 2019

As a result, firms that are lagging behind in faster payments investments could miss out on the full opportunities available in the global business-to-consumer (B2C) solutions market. Several global financial institutions (FIs) appear to understand the opportunities and missed opportunities that faster payments can provide.

Faster Payments 46

Faster Payments B2C API P2P 46

PYMNTS

JANUARY 15, 2018

Separate data from NACHA found that of the 2 million same-day ACH transactions completed in the first 11 days of the service, just 6 percent were B2B payments; the rest were made up of B2C and P2P transactions. And despite these statistics, B2B payments innovators remain confident that progress will be made.

B2B 55

B2B Innovation Same Day ACH NACHA 55

Payment Savvy

DECEMBER 9, 2020

Businesses are now digitalizing all aspects of their systems to offer seamless payments on a digital platform. Real-Time Payments. Faster payments benefit both consumers and businesses. Real-time payments offer a solution to delayed payment options like ACH transactions, credit cards, debit cards, checks, etc.

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

DECEMBER 16, 2019

Super apps create differentiated financial ecosystems in the back end (and front end), incorporating capabilities like an aggregation of multiple service providers, digital account origination, embedded KYC abilities and real-time payments — to name a few. Such apps promise to be a source of innovation in the new decade.

Faster Payments 42

Faster Payments Real Time Payments Payments Credit Union 42