PYMNTS

AUGUST 9, 2020

Not everyone favors the Federal Reserve Board’s launch of its settlement service designed to eliminate the three-day check clearing and support instant payments in the U.S. For the most part, the comments said the introduction of the FedNow would lead to less innovation and unfair competition with the private sector.

FedNow 72

FedNow Fed Federal Reserve Instant Payments 72

PYMNTS

AUGUST 8, 2019

Keeping Checks In B2B Payments. The impact of the Federal Reserve’ s faster payments initiative puts an interesting spin on the nation’s payments innovation efforts overall. “It’s costly because people run overdrafts or take out short-term loans, and it’s economically inefficient.”.

FedNow 66

FedNow Checks B2B Federal Reserve 66

PYMNTS

JULY 24, 2017

Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve for them. One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

JANUARY 23, 2018

In the path of FinTech innovation, many expect the inevitable demise of the paper check. But the data doesn’t lie: Paper checks are alive and well, despite efforts to kill it. The latest in PYMNTS’ Kill the Check series , a collaboration with Ingo Money, highlighted the persistence of paper checks.

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” Except, of course, it didn’t – and it is now in the crowded graveyard of payments innovations that sounded too good to be true.

Bitcoin 43

Bitcoin Blockchain Innovation Push-to-Card 43

PYMNTS

MARCH 28, 2016

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. Those consumers then have to deposit those funds into their bank account and/or go to a check casher to gain access to the funds. is said to issue by year’s end.

Faster Payments 48

Faster Payments Checks Payments Fed 48

Evolve Payment

JANUARY 21, 2025

Table of Contents Bring ACH Payment Innovations to Your Clients If youre looking to adopt dual pricing or surcharging, its important to offer your clients flexibility in how they pay. Keep reading to see how ACH is changing and how our team sets you up for success with innovative digital ACH solutions.

ACH 52

ACH RDC Remote Deposit Capture Innovation 52