PYMNTS

MARCH 10, 2020

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.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

OCTOBER 2, 2019

Some of them have been mandated by governments, readying for anticipated demand. As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B).

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

SEPTEMBER 3, 2020

For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI payment solutions at FIS.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

DECEMBER 12, 2017

They’re just a few of the latest developments covered in the Faster Payments Tracker, and there are clear implications for peer-to-peer (P2P) and consumer-to-business (C2B) transactions. Zelle , could be an unexpected focus of corporate payments’ role in payments acceleration. Together, they accounted for about $1.5

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

NOVEMBER 6, 2018

Demand is also heating up for real-time gross settlement (RTGS) systems. Meanwhile, Early Warning Services ’ Zelle network is also getting more robust. By September of this year, 40 such rails were live, with 16 more expected to launch by early 2020. USD) per transaction. But all that effort is slated to bring big results.

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. Supply and Demand. The ability to keep up with consumer demand is the crux of any capitalist enterprise. The digital economy is here and, for many consumers, it has become a way of life.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

MARCH 18, 2019

The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. The Fed also said NACHA needed to open their decision to public comment, even though NACHA said a third processing window was “overwhelmingly approved” by FIs on Sept. No date has been given for that process.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80