PYMNTS

NOVEMBER 19, 2020

While Track supports a range of payment rails, Transcard highlighted its support of the RTP network as a key value proposition within the context of B2B eCommerce. This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

NOVEMBER 13, 2019

However, real-time payments (RTP) have a long way to ubiquity, and while each payment rail has its advantages, each also has drawbacks that could stifle efforts for near-universal adoption. The first step in achieving such traction is demand, he noted. Faster payments continue to gain traction in the U.S., In the U.S., Canada, etc.”

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

NOVEMBER 4, 2019

Both are key to addressing the modern demands of end-users. Kovacs pointed to The Clearing House ’s real-time payments service, RTP, as an example of this. While the most highlighted benefit of RTP is the speed with which funds can move, there are add-on benefits that can boost efficiency of banks’ back-end operations.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

FEBRUARY 3, 2020

That means financial functions beyond banking are taking advantage of application programming interface (API) data integrations, with productivity gains particularly large for business end-users of these products and services. That will affect the payroll industry, and the expectation for speed is growing,” Vasir said.

Payroll 73

Payroll Payment APIs and Integration Faster Payments Due Diligence 73

Fintech Finance

FEBRUARY 27, 2024

Backbase, leveraging Alacriti’s Orbipay Payments Hub , will support end-to-end payment orchestration and processing through the RTP® network, the FedNow® Service, Visa Direct, Fedwire, and ACH payment rails. Through this partnership, Backbase clients will be able to offer instant payment capabilities to their customers.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

Faster Payments Council

SEPTEMBER 23, 2023

Foundry Ballroom) This session will highlight faster payments Use Cases focused on real-life case studies from a variety of perspectives such as business end-users and financial institutions that are applying instant payments. Their aim is to educate the industry on the inhibitors to faster payments adoption.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

OCTOBER 23, 2019

To hasten that adoption, In two recent examples, Mastercard said earlier this week that it is piloting a new service with PNC Bank called Payment on Delivery (which replaces, and should not be confused with, cash on demand, or COD). Real time, ready for prime time? Adoption of any new payments service does not happen overnight.

Visa 41

Visa Real Time Payments Online and Mobile Banking Payments 41

PYMNTS

SEPTEMBER 17, 2019

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. But delivering on that concept — and providing instant push payments on demand — is far from simple. Consumers live in a real-time world. Ubiquity, then, becomes a function of choice.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70