Payments Source

DECEMBER 10, 2018

s Real-Time Gross Settlement (RTGS) system. payments authority, Pay.UK, is developing a New Payments Architecture that will upgrade Britain’s Faster Payments real-time retail system. The Bank of England is upgrading the U.K.’s Separately, the U.K.

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Real Time Gross Settlement (RTGS) Real Time Payments Regs Faster Payments 103

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. This adoption curve is likely to repeat itself in a real-time payments environment, the report predicted.

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

PYMNTS

AUGUST 15, 2019

The Federal Reserve has announced a leader of the new FedNow service, which was created to facilitate faster payments in the country with interbank real-time gross settlement (RTGS), as well as integrated clearing, according to a release. First Vice President Kenneth C.

FedNow 63

FedNow Real Time Gross Settlement (RTGS) Faster Payments Federal Reserve 63

PYMNTS

OCTOBER 11, 2017

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.

Real Time Payments 40

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

PYMNTS

NOVEMBER 6, 2018

. Last year, only 25 real-time payment systems were operational worldwide — that number is growing rapidly. Demand is also heating up for real-time gross settlement (RTGS) systems. The governor of the Federal Reserve is pushing conversations on getting an RTGS system in the U.S.,

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It flew in on Dec. Here’s where the canary flew in.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

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