PYMNTS

JUNE 3, 2020

In PYMNTS’ latest Faster Healthcare Payments Report done in collaboration with Mastercard , the healthcare landscape gets a good going-over, from consumers managing the cost of pharmaceuticals to healthcare providers plugging up payment leaks and becoming more efficient. Pushing Past Paper.

Faster Payments 63

Faster Payments Payments Checks Push-to-Card 63

PYMNTS

MAY 8, 2019

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Playbook is an educational and online decisioning platform that will enable banks, credit unions and businesses to develop a faster payments strategy.

FPC 50

FPC NACHA Faster Payments Credit Union 50

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. Where Faster Payments Fits. Yet, there is one particular opportunity for faster payments to find its place in B2B transactions.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

AUGUST 25, 2017

Federal Reserve has named a new payments strategy director tasked with heading the agency’s payment system improvement initiatives. Sapenaro’s role means helping the Federal Reserve establish and execute its faster payments strategy , as well as initiatives around payments security and stakeholder engagement.

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Federal Reserve Payments Strategy Fed Faster Payments 43

PYMNTS

OCTOBER 13, 2017

The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the members of the collaborative industry short-term workgroup tasked with developing a governance framework for faster payments in the United States. Path to Faster Payments.”. said Rodriguez.

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Federal Reserve Faster Payments Governance Government 41

PYMNTS

JULY 10, 2017

financial players active in the payment infrastructure, is a government-backed mandate necessary to keep these various entities on the same page? That’s a question the Federal Reserve Faster Payments Task Force is considering as it looks at ways to make U.S. faster payments safer and more efficient. trillion.

Faster Payments 40

Faster Payments Federal Reserve Payments NACHA 40

PYMNTS

NOVEMBER 15, 2017

The year 2020 looms large in the payments realm, marked off by the Federal Reserve as the year faster payments are to be truly commonplace, available to U.S. To that end, the Fed held a webinar late last month titled “ Next Steps in the Payments Improvements Journey.”.

Fed 44

Fed Faster Payments Federal Reserve ISO 20022 44

PYMNTS

MAY 26, 2016

The Faster Payments initiative has made significant strides in the United Kingdom, so much so that the scheme has been held up as a model for other nations globally. The Faster Payments scheme has a goal of reaching every single consumer in the U.K.  Faster Payments scheme?

Faster Payments 40

Faster Payments Real Time Payments Payments Payment APIs and Integration 40

PYMNTS

DECEMBER 4, 2018

The uptake of faster payment systems keeps going up — and up, and up. EBA CLEARING ’s RT1 system, meanwhile, has processed more than 5 million transactions since launch — but some have said the faster payments space could be growing even faster. So, what’s holding back a more rapid faster payments adoption?

Central Bank 70

Central Bank Real Time Gross Settlement (RTGS) RTP Faster Payments 70

PYMNTS

JUNE 26, 2018

Faster payments have an uncertain future in B2B transactions. At present, payroll and gig worker payments may be the most emphasized use cases for faster payments capabilities in the corporate world, with fewer experts expecting payments acceleration to gain traction in accounts payable and supplier payment scenarios.

Real Time Payments 46

Real Time Payments Payments Strategy RTP FinTech 46

PYMNTS

NOVEMBER 7, 2016

Federal Reserve is turning heads for its attention to faster payments, but the Fed has recently announced yet another initiative in the payments innovation space. Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security.

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Fed Secure Payments Task Force Security Federal Reserve 77

PYMNTS

DECEMBER 16, 2019

Here at PYMNTS, we are nothing if not keen chroniclers of change (and what it means for readers), and that’s why we recently took time to have a discussion with Deva Annamalai, director of innovation and payments strategy at Fiserv.

Faster Payments 42

Faster Payments Real Time Payments Payments Credit Union 42

PYMNTS

OCTOBER 15, 2020

The aim was to pilot the connection of SWIFT gpi with The Faster Payments Scheme (FPS), according to the announcement. The experimental effort was successful and exhibited the international potential to take away time zone limitations that won’t hamper payment processing anymore.

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Instant Payments Participant SWIFT Faster Payments 72

PYMNTS

APRIL 21, 2020

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. Deutsche Enables Faster Payments In Thailand.

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NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

AUGUST 31, 2017

With the financial services space shifting from a competitive nature to a collaborative spirit between traditional banks and emerging FinTechs, one major stakeholder in the payments industry has quietly been an integral part of this co-op: the Federal Reserve. Louis, as its new payments strategy director.

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Federal Reserve Innovation Secure Payments Task Force Faster Payments 64

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other.

Accounts 123

Accounts B2B Real Time Payments Finance 123

PYMNTS

DECEMBER 23, 2020

Businesses that want to expand the number of freelancers or contractors they are using must take careful note of how payment troubles could affect their abilities to entice and retain ad hoc workers. Faster Payments And The Global Economy.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

The Paypers

JUNE 24, 2022

US-based SaaS provider Jack Henry & Associates has announced it supports fater payments strategies for FIs with JHA PayCenter, its payments hub.

Faster Payments 28

Faster Payments Payments Strategy Payments 28

PYMNTS

AUGUST 3, 2016

Phase 1 of the Faster Payments initiative launches on Sept. will be able to accept Same Day payments, with the option to originate them. What’s happening in the world of Faster Payments. As Faster Payments become a reality, the issue of fraud is taking center stage. Now, it’s coming to life.

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Same Day ACH ACH NACHA Faster Payments 41

Payments Source

JULY 3, 2017

Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.

Community Banks 64

Community Banks Digital Currency Payments Strategy Payments 64

PYMNTS

OCTOBER 18, 2018

Known as the New Payments Architecture (NPA), the new infrastructure will safely and securely process trillions of pounds in payments every year. has been tasked by the Payments Strategy Forum to deliver the future of payments in the U.K.

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Payments Retail Payments Settlement Faster Payments 53

Core

JULY 12, 2023

To make your digital, mobile payment experience fast and convenient, consider the following best practices: Use the power of a mobile payment strategy to increase convenience for consumers Convenience is still king. Texting is how consumers want to interact with businesses in today’s increasingly real-time access world.

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Payments Mobile Payments Payments Strategy Best Practices 52

PYMNTS

JUNE 23, 2020

. “It can be applied across an organization to help ensure greater internal consistency in fraud classification, more robust information and better fraud tracking,” said Jim Cunha, Federal Reserve Bank of Boston secure payments strategy leader and senior vice president, in a statement.

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Federal Reserve RTP Payment APIs and Integration Fed 106

PYMNTS

OCTOBER 1, 2020

Here are five fast facts that PYMNTS' study uncovered about demand for both a modern digital disbursements experience and the implications for businesses that do — and don’t — make them part of their payments strategy. Fast Fact No. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S.

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Instant Payments Payee Same Day ACH Non-Bank 122

Fintech Finance

JANUARY 31, 2024

Worldline Payment Orchestration is a software-as-a-service payment orchestration platform that allows merchants to centrally manage and optimise payment flows. Using intelligent routing and reporting automation, it enables customers to orchestrate a scalable payment strategy with a single API.

Payment APIs and Integration 52

Payment APIs and Integration Payments Settlement Faster Payments 52

PYMNTS

MARCH 1, 2018

The NPSO will consolidate the nation’s various payment schemes and lead the rollout of the New Payments Architecture, an initiative outlined by the Payment Systems Regulator’s Payments Strategy Forum. Payments Administration (UKPA) to provide support to payment system operators.

Payments 40

Payments Faster Payments Payments Strategy Participant 40

PYMNTS

OCTOBER 11, 2017

10) that its UP Real-Time Payments Solution has officially launched in an effort to help banks and other financial institutions support real-time payment services and streamline the way in which these FIs realize their real-time payments strategies. banks to the nation’s Faster Payments scheme.

Real Time Payments 40

Real Time Payments Real Time Gross Settlement (RTGS) Payments Payment Gateways 40

PYMNTS

JULY 22, 2016

As Michael Miebach, Mastercard’s Chief Product Officer, shared with Karen Webster shortly after the news was announced, the move will enable Mastercard to power the connection between any digital payment method, including bank accounts, and any connected device its network supports. VocaLink is clearly part of that strategy.

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Visa Faster Payments ACH Non-Bank 43

Fintech Finance

FEBRUARY 27, 2024

This is a great next step in Backbase’s payment strategy of enabling multiple money movement solutions, both in retail and business segments. Through this integration, we’re offering financial institutions the flexibility to evolve their Real-time payment offerings based on demand and specific use cases.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

PYMNTS

SEPTEMBER 23, 2019

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

DECEMBER 3, 2020

She said Mastercard is aiming to optimize payment strategy with the objective of bringing customers an easier experience through the use of things like intelligent routing and a new push-payments partnership, which Mastercard recently announced with Ingo Money. The Value Proposition.

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Treasury Visa Digital Payments Debit Card 89

The Payments Association

SEPTEMBER 30, 2024

Gunchenkova added that instant payments through open banking are also helping to reduce fraud, particularly in high-volume industries like gaming. “With faster payments and open banking, we can reduce the time and complexity of transactions, making it harder for fraudsters to exploit vulnerabilities in the system,” she explained.

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Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

PYMNTS

JANUARY 15, 2018

. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

B2B 55

B2B Innovation Same Day ACH NACHA 55

Paystand

MARCH 19, 2024

Conversely, presenting early payment incentives as opportunities to prevent these losses can encourage clients to pay promptly. Understanding the principles of loss aversion and other psychological factors enables businesses to tailor their payment strategies to align with clients' behavioral tendencies.

Automation 52

Automation Faster Payments Accounts Payments 52

PYMNTS

SEPTEMBER 16, 2019

Subscription billing platform provider Fusebill is integrating its service into customer relationship management (CRM) platform HubSpot for easier payments. The move will let HubSpot clients better view and generate invoices, enabling faster payments and transactions. How BlueJeans Is Solving Its Recurring Payment Woes.

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Cross-Border Authentication CRM Faster Payments 49

PYMNTS

FEBRUARY 27, 2020

“With seamless integration into existing legacy and modern core systems, the One Inc Digital Payments Platform helps insurers increase customer retention while reducing costs, complexity, and the burdens of compliance and security,” a One Inc statement said. BlueSnap, and AffiniPay.

Acquirers 56

Acquirers Payments Digital Payments Payments Strategy 56

PYMNTS

MARCH 5, 2018

That’s despite a common concern, as faster payment schemes roll out across the globe, that accelerated transactions mean less time to identify fraud. What’s more, Dr. Wieser said, faster payments can actually help the risk mitigation effort. In the U.S., It’s going the right way now,” he said. “We

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Risk Cross-Border Non-Bank B2B 42