Remove Faster Payments Remove Good Funds Remove Real Time Payments
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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It flew in on Dec. Here’s where the canary flew in.

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The Real-Time Payments Receivables Conundrum

PYMNTS

That is the crux of the dilemma playing out on the new real-time payments rails arena as it relates to the B2B side of the payments ecosystem. That’s where the big payments flow – and where the big opportunities for innovation, change and disruption lie.

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Why Real-Time Payments Need Real-Time Trust

PYMNTS

The technology offers authentication and verification during the transaction process to eliminate the anxiety of not knowing if the money will end up where it was intended — that is, to confirm that an account is open, active and in good standing before a payment goes through. becomes increasing modernized, especially at the B2B level.

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Breaking Down The Faster Payments Construct

PYMNTS

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. What’s Under The Faster Payments Umbrella?

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Take two announcements from just last week, related to the evolution of faster payments in the U.S. 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. The Fed’s Hat and the Faster Payments Ring.

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The Roil Over B2B Payments Rails

PYMNTS

launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s Limits have also been raised for those payments. who today already have access to an ubiquitous faster payments scheme called same-day ACH.

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Why Certainty Rules Payments

PYMNTS

Processers enable push payments via a debit card as an alias, giving companies new options and the certainty of getting money instantly into the bank accounts of their customers. We see similar dynamics at play in the B2B payments space around the notion of real-time payments.

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