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. which promote data sharing, as well as new payments and financial services products. “We

Faster Payments 42

Faster Payments Real Time Payments Payments Credit Union 42

Fintech Finance

FEBRUARY 27, 2024

This partnership prepares financial institutions (FIs) to effectively respond to payments industry changes, such as the evolution of ISO 20022 messaging standards and the launch of the FedNow Service. This is a great next step in Backbase’s payment strategy of enabling multiple money movement solutions, both in retail and business segments.

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Instant Payments Payment Solutions ISO 20022 FedNow 52

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

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?

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

PYMNTS

JUNE 23, 2020

In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. ” “Supporting real-time payments through the RTP network is an important step for us,” he continued.

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Federal Reserve RTP Payment APIs and Integration Fed 106

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 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.

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PYMNTS

AUGUST 2, 2019

Speed Matters for Subscription Payments. Smarter, faster payments have long been the goal, but speed can make a bigger difference in cross-border recurring payments since FX rates can fluctuate. As it stands, cross-border transactions often take three to five business days to settle. the use of APIs can help a lot.

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Cross-Border Payment APIs and Integration Real Time Payments Credit Cards 43

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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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.

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Accounts B2B Real Time Payments Finance 123

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.

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B2B Innovation Same Day ACH NACHA 55

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.

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B2B ISO 20022 Payment APIs and Integration ISOs 49

Payment Savvy

DECEMBER 9, 2020

More Payment Strategies to Show Up. As we’ve already said, it’s becoming easier than ever to embed payments in various software. As such, we expect to see payments appearing from places we didn’t expect. Businesses are now digitalizing all aspects of their systems to offer seamless payments on a digital platform.

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Payments Trends Payments RTP C2B 52

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

PYMNTS

APRIL 22, 2019

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. Still, others have said that B2B payments should be largely left out of the faster payments conversation. “Our [payment] systems are looking at 24/7/365 solutions.

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Faster Payments Center for Payments Real Time Payments Payments 63

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? Given where the U.S.

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Faster Payments Real Time Payments Payments Payment APIs and Integration 40