PYMNTS

MARCH 14, 2019

SWIFT is not planning to use blockchain directly in efforts to settle transactions done between banks. We anticipate significant growth in transaction volume over the next 10 years, as a variety of innovative digital [payment] products are launched. The movement to bring blockchain to cross-border payments proceeds apace. One caveat?

SWIFT 74

SWIFT Blockchain Distributed Ledger Technology (DLT) RFP 74

Finovate

SEPTEMBER 20, 2024

Benefits to Walmart include lower transaction costs, faster settlement, reduced fraud, and fewer payment declines, while customers can avoid stacked pending transactions. Walmart is partnering with Fiserv to enable pay-by-bank payments for online purchases starting in 2025. FedNow and RTP, they don’t necessarily talk to one another.

FedNow 59

FedNow Real Time Payments Push-to-Card Credit Cards 59

PYMNTS

SEPTEMBER 21, 2016

In other countries, however, real-time payments have traditionally only supported credit or what are sometimes referred to as “push payments.”. Alternatively, Same Day ACH is designed to support all ACH payments, both credit (push transactions) or ACH debit payments (those which pull money from an account after authorization.).

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

MARCH 10, 2017

For more than 30 years, INTERAC has been Canada’s debit network facilitating secure financial transactions. Considering the country has more than 14,000 financial institutions (FIs), it’s clear that both scale and ubiquity are critical to solve the faster payments problem. But how is the industry supposed to get there?

Faster Payments 67

Faster Payments Payments Interoperability Push-to-Card 67

PYMNTS

MAY 8, 2017

Icon Solutions’ Head of Payments Tom Hay recently discussed why real-time payments are such a challenging undertaken within FIs, but how lessons from the past — like the adoption of card payment rails — and from peers across the globe who have already gone through these struggles can make the U.S.’ real-time payments path a smooth one. “A

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

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. Take faster payments. 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