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Deep Dive: How Real-Time Payments Can Help Meet B2B, P2P Expectations

PYMNTS

Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has thus inched upward. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.

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Banks Dreading The Real-Time Payments Challenge

PYMNTS

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

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Faster Payments, Real-Time Payments And A Few Glitches

PYMNTS

The move toward faster payments is an inexorable one. As reported earlier this month, Hong Kong’s newly debuted Faster Payments System (FPS) has seen its share of controversy, at least at the outset. The faster payments tool will allow businesses to make payments of up to €15,000 ($17,058 USD) no matter the time of day.

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Inside The Factors Shaping Businesses’ Faster Payment Tool Adoptions

PYMNTS

The demand for faster payments is ringing louder than ever during the economic downturn. Businesses need to maintain smooth revenue streams and are working hard to avoid being hit with painful late client payments or delayed access to their earnings while also ensuring their workers are paid promptly.

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Report: Paychex Gives Traditional Payroll Cycle A Real-Time Makeover

PYMNTS

Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put off purchases as they watch for transactions to finalize. Around The Real-Time Payments Space. Bank, representing Elavon , explained in a recent PYMNTS interview.

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EBA Clearing Testing Real-Time Payments Tool

PYMNTS

EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its technology. EBA Clearing’s technology will enable real-time payments across the EU 24/7. The firm said Thursday (Jan. The firm said Thursday (Jan.

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements

PYMNTS

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World.