PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Same Day ACH and the card rails – both of which allow for money to move fast into consumer and business bank accounts for every consumer with a debit product.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 21, 2019

The letter highlighted that access to the payments systems today is only possible through incumbent intermediaries – the banks and the card networks – which have not kept pace with the needs of consumers and businesses. Oddly, the push for faster payments also comes at the same time when payments in the U.S.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

OCTOBER 8, 2018

ACH rails now settle same-day, three times a day. NACHA is examining additional windows for weekends and has increased the limits for how much money can be sent over those same-day ACH rails. Instead, it’s a lack of certainty that good funds are on the way — and when they’re expected to arrive.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

SEPTEMBER 17, 2018

Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Certainty of good funds is what they need to plan their cash position, as is the certainty that the funds moving across the networks are secure.

Rules 78

Rules Zelle Payments PayPal 78

PYMNTS

JULY 16, 2018

On a more pragmatic level, this study and the notion of sunk cost speaks to one of the biggest frictions that consumers and businesses — and mice too, if they had to shop and pay for stuff — face across the commerce landscape. Today, consumers and businesses spend a lot of time waiting for things. consumers spent waiting.

On-Demand 43

On-Demand Settlement Consumer Real Time Payments 43

PYMNTS

SEPTEMBER 17, 2019

Consumers live in a real-time world. That expectation increasingly extends to how consumers want to access their money. The concept is both incredibly simple and incredibly intuitive: Offer customers 24/7 access to good funds on demand, however and wherever they want them. An Explosion of Rails .

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70