PYMNTS

NOVEMBER 27, 2018

In a new report , “A vision for the future of cross-border payments,” SWIFT and McKinsey & Company found that B2B cross-border transactions accounted for $125 billion in revenues last year. The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion.

Cross-Border Payments 49

Cross-Border Payments Cross-Border SWIFT Correspondent Bank 49

PYMNTS

APRIL 2, 2019

Payment solution providers are now also getting in on the real-time game and supporting a growing list of RTP use cases that use the network for rapid transaction speeds. . RTP in the Bill Payments Realm. How RTP Has Changed the Bill Payments Game.

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49

PYMNTS

MARCH 2, 2016

Clearly, the investments and interest in blockchain technology are real, but will it ultimately be the technology used as the foundation for the financial industry’s real-time payments solution? The Power Of Payments. When it comes to P2P payments, Proto pointed to a shifting consumer mindset and, in turn, adoption.

Faster Payments 41

Faster Payments NACHA C2B P2P 41

PYMNTS

NOVEMBER 8, 2017

Denmark’s NETS RealTime 24/7 initiative launched in 2014 and offers near real-time settlement of transactions — including P2P, mobile, online and credit transfer payments, as well as B2B payments. Consumer payments and demand for faster mobile payments solutions drive the development of Denmark’s program, FIS explained.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

DECEMBER 14, 2018

. “Many national payment systems are benefitting from considerable innovation and change,” said Bank of England Executive Director for Banking, Payments and Financial Resilience Victoria Cleland in a statement announcing the report last month. percent (compared to 6 percent for peer-to-peer [P2P] payments).

Cross-Border Payments 77

Cross-Border Payments Cross-Border Correspondent Bank FinTech 77

Payment Savvy

DECEMBER 9, 2020

Real-time payments offer a solution to delayed payment options like ACH transactions, credit cards, debit cards, checks, etc. These payments offer instant round the clock transfers for B2B (Business-to-Business), B2C (Business-to-Consumer), C2B (Consumer-to-Business), and P2P(Peer-to-Peer).

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

DECEMBER 12, 2017

Federal Reserve made its own progress in exploring how the nation’s regulatory environment can support faster payments progress while maintaining security, while NACHA offered up some new data on same-day ACH volume growth in the country. But a clear indication of how these developments could impact the B2B payments space remains elusive.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

OCTOBER 29, 2020

A similar effort across the Deluxe Payment Exchange addresses non-recurring payments for property and insurance and other verticals. Such online platforms, he added, can eventually revolutionize B2B payments, and even B2C and C2B transactions. They want deep integration, and payment solutions must be easy to use.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

NOVEMBER 7, 2018

Faster payments solutions must meet a variety of demands. Small retailers want to keep their cash flow moving by receiving consumer payments quickly, while large corporations need improved data and visibility to ensure their B2B transactions arrive on schedule. Hong Kong required a new solution. per transaction.

Faster Payments 49

Faster Payments Real Time Gross Settlement (RTGS) Payments C2B 49

PYMNTS

AUGUST 2, 2019

Attentiveness to local currencies, payment solutions, authentication methods and other preferences can help pave the way for domestic merchants to take their operations into international markets. Subscription providers’ international growth will hinge, in no small part, on their ability to make it easy for global customers to pay.

Payments 49

Payments Cross-Border Online and Mobile Banking Credit Cards 49

PYMNTS

MARCH 7, 2016

Now it’s still early days, but there’s not a whole lot of evidence that consumers and businesses have gravitated, en masse, to many real time payments solutions. In other words, it’s a teeny and tiny part of the payments mix in the countries where it was required to happen. Here in the U.S.,

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46