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Inside Wells Fargo's diverse faster payments strategy

Payments Source

Rather than homing in on specific methods to accommodate real-time payment processing, Wells Fargo realized a mix is the best bet to avoid inadvertently leaving parts of its client base in the dark.

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Payment Players Launch U.S. Faster Payments Council To Speed Up Payments

PYMNTS

A group of payment players announced Tuesday (Nov. Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. 13) that they created a new organization, dubbed U.S.

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Small businesses feel left out of faster payments strategies

Payments Source

and Europe express an interest in real-time payments, but very few are aware of the current options being tested and brought to market. The majority of small and medium-sized businesses in the U.S.

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Banks’ Uncertain Real-Time Payments Strategy Brings Challenges To FinTech Firms

PYMNTS

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.

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Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

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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Healthcare Leans Into Faster Payments

PYMNTS

“Digital disbursements and other new payment strategies and technologies are reshaping the medical and pharmaceutical industries as service providers look to ease patients’ prescription payments. Real-Time Payments Get Healthy. Pushing Past Paper.

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ACI Streamlines Banks’ Path To Real-Time Payments

PYMNTS

ACI Worldwide has unleashed its real-time payment solution for financial institutions (FIs). According to ACI, the solution addresses the challenges banks face when managing multiple, separate systems and schemes involving real-time payments. banks to the nation’s Faster Payments scheme.