PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

AUGUST 20, 2020

New research says businesses are eager to make the leap into real-time payments (RTP) — and to embrace new payment rails in their effort. A new survey from Citizens Bank says businesses are jumping into the real-time payments opportunity. Faster Payments Council Announces Board Advisory Group. This week, the U.S.

RTP 101

RTP Phixius FPC Payment APIs and Integration 101

Faster Payments Council

SEPTEMBER 23, 2023

The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. Foundry Ballroom) Payment networks need volume to scale and keep costs low.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

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. Unlocking Data, Unlocking Opportunities.

Payroll 73

Payroll Payment APIs and Integration Faster Payments Due Diligence 73

Fintech Finance

MAY 29, 2024

Modulr , the embedded payments platform, today announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries.

Payment Solutions 52

Payment Solutions Payment APIs and Integration Embedded Payments Reconciliation 52

PYMNTS

DECEMBER 30, 2020

Instant payment systems have been launching in countries around the world as financial institutions (FIs), governments and various payment organizations seek to introduce technologies that can sate businesses’ demands for more streamlined exchanges of money with plenty of payments data. Direct Connections .

RTP 64

RTP Payment APIs and Integration Instant Payments TCH 64

PYMNTS

DECEMBER 10, 2019

Although cross-border B2B payments have progressed into an area of financial services in which both traditional and FinTech players are innovating, moving money across borders between businesses is a feat with no shortage of friction points. Cross-border B2B payment service providers today must multitask. Cost Versus Speed. In the U.S.,

Cross-Border 52

Cross-Border B2B Cross-Border Payments Interoperability 52

PYMNTS

OCTOBER 24, 2016

But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain. Real-time payments, however, enable a company to wait as long as they want to without forcing the supplier to get paid late.

Blockchain 77

Blockchain B2B Real Time Payments Payer 77

PYMNTS

JANUARY 10, 2019

The new year has dawned with a number of cross-border payment pacts, done across blockchain and other means. In Pakistan, as reported by Coindesk, Telenor Microfinance Bank and remittance firm Valyou Sdn Bhd (a Telenor subsidiary) have launched a payment platform based on Alipay’s blockchain offerings. s Faster Payments service.

Blockchain 77

Blockchain Cross-Border Cross-Border Payments Payment APIs and Integration 77

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

The Fintech Times

MARCH 12, 2025

The UK governments decision to scrap the Payment Systems Regulator (PSR) and merge its functions into the Financial Conduct Authority (FCA) has divided opinion across the financial sector. The PSR had outlived its usefulness Tony Craddock, director general, The Payments Association Some see it as a long-overdue correction.

FinTech 59

FinTech Payment APIs and Integration Fraud Prevention Regulations 59

PYMNTS

MARCH 2, 2020

FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more efficiently manage money and make payments. Bridging the Payments Divide. Payments, and more specifically, initiating a transaction, can be a bit more difficult to accomplish.

Accounts 56

Accounts Innovation Payment APIs and Integration Payments 56

PYMNTS

NOVEMBER 4, 2019

Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Looping Into Faster Payments. Kovacs pointed to The Clearing House ’s real-time payments service, RTP, as an example of this.

Real Time Payments 44

Real Time Payments RTP Payment APIs and Integration Faster Payments 44

PYMNTS

JANUARY 11, 2021

Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto sluggish B2B payments. Companies that want to integrate directly are lining themselves up for a major technical undertaking.”. If only enthusiasm were enough.

RTP 67

RTP Real Time Payments Payment APIs and Integration B2B 67

Fintech Finance

MAY 14, 2024

Customers will have access to the Faster Payments network in the UK and Single Euro Payments Area (SEPA) Instant payments for Euro-denominated deposits and withdrawals. The service will be fully embedded into Wirex’s infrastructure via OpenPayd’s single, developer-friendly API.

IBAN 52

IBAN Accounts Payment APIs and Integration Embedded Finance 52

PYMNTS

AUGUST 7, 2019

Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and service providers in the name of better banking experiences. We have a real-time payments network. s payments ecosystem.

Office of the Comptroller of the Currency 72

Office of the Comptroller of the Currency Payment APIs and Integration Federal Reserve Small Business 72

PYMNTS

SEPTEMBER 17, 2018

Push Payments Cecilia Frew on how last year’s twin disasters, Hurricanes Harvey and Irma , were pushing insurance claims payments to change. At that time, Edwards and Frew agreed that insurance payments needed to change because relying on paper checks in the face of an emergency is a bad idea. The Front-End Challenge.

Push-to-Card 64

Push-to-Card Payment APIs and Integration Payments Checks 64

Fintech Finance

JANUARY 31, 2024

TrueLayer, Europe’s leading open banking payments network, today announces that its full suite of products will be offered through Worldline Payment Orchestration, Worldline ’s provider agnostic orchestration platform for enterprise merchants. TrueLayer’s solution combines payment with onboarding through its Signup+ product.

Payment APIs and Integration 52

Payment APIs and Integration Payments Product Settlement 52

PYMNTS

JUNE 11, 2019

That disruption isn’t over, either, according to Axos Bank CEO Gregory Garrabrants, who spoke with PYMNTS about how a fluctuating industry will continue to affect SMBs in the area of lending, payments and beyond. The bank also operates an API platform that includes the ability to integrate wire payment functionality.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60

PYMNTS

DECEMBER 11, 2017

nanopay streamlines this process through an application program interface (API). The API makes it possible for banks to integrate with nanopay and gain access to the many banks and banking relationships they need — or wish to have — to serve their B2B customers, Cooke explained. and China as well in Q1 of 2018.

Due Diligence 41

Due Diligence Payment APIs and Integration Cross-Border FinTech 41

PYMNTS

JANUARY 2, 2017

With the increasing trade volume between the two countries, payments have become a major pain point for retailers that often rely on wire transfers, which can take up to three days to complete. That’s a problem that San Francisco-based Wyre is offering to solve with its real-time cross-border payment solution. “We The result?

Cross-Border Payments 42

Cross-Border Payments Cross-Border Payment APIs and Integration Blockchain 42

PYMNTS

JANUARY 22, 2021

Westlake has already sent several million dollars over the RTP network during the pandemic, according to Westlake’s Director of Accounting Operations Raul Alvarez. As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. What if that happens?’

RTP 56

RTP Finance Security Real Time Payments 56

PYMNTS

JULY 4, 2018

The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard , too, has been making deeper inroads in the commercial payments space.

B2B 40

B2B Payment APIs and Integration Push-to-Card Visa 40

PYMNTS

NOVEMBER 27, 2019

Though consumer payments and FinTech may have initiated this shift, traditional banks are quickly realizing that their small business clients are adding pressure to their digitization initiatives, too. financial services market is moving toward faster and real-time payments, too, both within the ACH rails and other payment networks.

Payment APIs and Integration 44

Payment APIs and Integration ACH Small Business Service Provider 44