PYMNTS

NOVEMBER 3, 2020

“Financial institutions (FIs) and other financial services providers are looking to help meet the need for speed by leveraging various faster payment rails that support an array of payment methods,” according to PYMNTS’ latest Real-Time Payments Report done in collaboration with The Clearing House.

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Real Time Payments RTP Same Day ACH Payer 109

PYMNTS

AUGUST 10, 2020

Real time is getting ever closer to prime time. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. What’s Next.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

OCTOBER 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Making Real-Time Payments A Reality. Here’s why. .

Real Time Payments 126

Real Time Payments Payment APIs and Integration RTP Payments 126

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. Payment frictions and P2P’s impact. Driving faster payments forward.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

Payments Dive

OCTOBER 7, 2024

The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

Real Time Payments 88

Real Time Payments Faster Payments Payments 88

PYMNTS

NOVEMBER 25, 2020

The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms.

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

Finextra

DECEMBER 13, 2023

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published the Real-Time Payment Application Program Interfaces (APIs) report in its Faster Payments Knowledge Center.

Real Time Payments 71

Real Time Payments Faster Payments API FPC 71

Payments Source

JANUARY 21, 2021

Many financial institutions have made initial moves into real-time payments via P2P services, and the use cases will jump over time, says Fiserv's Matt Wilcox.

Real Time Payments 113

Real Time Payments P2P Use Case Payments 113

PYMNTS

JULY 22, 2020

Yet for many entities, the concept of implementing real-time processing across an entire system can feel overwhelming complex. As real-time payment infrastructure grows more sophisticated, technology presents an opportunity for organizations to mitigate the adoption hurdle. ” Becoming More Adaptive.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

Payments Source

MARCH 1, 2020

For real-time payments, there are national schemes to help drive adoption and enhance consumer convenience, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale.

Real Time Payments 122

Real Time Payments Government Governance Payments 122

PYMNTS

AUGUST 3, 2020

’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. More recently, Visa issued public support of bitcoin and other digital assets in a July blog post that similarly highlighted opportunities in real-time payments.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Settlement Treasury 117

PYMNTS

NOVEMBER 21, 2019

Faster Payments Council (FPC) is growing with the addition of ACI Worldwide, as the electronic payments and banking solution provider announced this week. initiatives of innovating in faster payments capabilities and promoting adoption of real-time payments. Membership in the U.S. In the U.S.,

Faster Payments 99

Faster Payments FPC Federal Reserve FedNow 99

Payments Source

FEBRUARY 2, 2021

The card network is testing two artificial intelligence-powered programs that it says give banks some of the benefits of faster payments without requiring the immediate movement of funds.

Faster Payments 134

Faster Payments Payments Real Time Payments 134

PYMNTS

NOVEMBER 18, 2020

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. That said, the U.S.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” Real-time payment is also is finding traction in the gig economy, allowing employees to be paid on a regular basis, even daily.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

OCTOBER 10, 2019

With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role. One of the many questions around real-time payments is what forms they will take as the pace of deployments heat up.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

Payment Savvy

FEBRUARY 24, 2023

Real-time payments have revolutionized how we make financial transactions, providing unparalleled speed, convenience, and security. With real-time payments, money can be transferred almost instantly from one person to another, anywhere in the world.

Real Time Payments 98

Real Time Payments Payments Risk Cash Management 98

Payments Source

DECEMBER 10, 2019

Traditional rules-based platforms are insufficient to protect real time payments. Using historical patterns can predict some fraud but will not prevent new evolving patterns as they emerge for the first time, says Deep Labs' Michael Lynch.

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Real Time Payments Rules Security Payments 94

Payments Source

SEPTEMBER 25, 2020

As the coronavirus pandemic has driven more people to work from home and shop online, the demands on digital, faster payment systems have been heightened — as have the opportunities for fraudsters to exploit them.

Faster Payments 123

Faster Payments On-Demand Payments Real Time Payments 123

Payments Source

NOVEMBER 12, 2020

Our collective work on the real-time payments front is not for naught. That is because the consumer and business needs are evolving, says Bottomline's Jessica Cheney.

Real Time Payments 118

Real Time Payments Payments Consumer Federal Reserve 118

PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. Case in point: Brazil.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Faster Payments Council

NOVEMBER 18, 2020

Accelerating The Real-Time Payments Demand Curve: What Banks Need To Know About What Consumers Want And Need, a PYMNTS and Alacriti collaboration, examines consumers' understanding of real-time payments and the methods they use for different types of payments.

Real Time Payments 88

Real Time Payments Payments Consumer 88

PYMNTS

DECEMBER 18, 2018

Amazon , Apple and Google are among the large tech companies that are throwing their support behind the creation of a real-time payments network in the U.S. to speed up payments. The tech companies noted that consumers want real-time payments , driven by the services rolled out by the tech companies.

Real Time Payments 83

Real Time Payments Fed Federal Reserve Payment Networks 83

PYMNTS

MAY 6, 2019

Faster, faster, faster — that’s the motto driving so much of payments innovation today. Real-time payments offers promise for both small and medium-sized businesses (SMBs) and consumers. In fact, InstaReM just launched real-time payments in Mexico, underscoring the global appeal of such an offering.

Real Time Payments 80

Real Time Payments Credit Cards Cross-Border Payments Cross-Border 80

Payments Source

FEBRUARY 19, 2019

With real-time payments advancing, processors need to shore up security, according to David Worthington, vice president of payments at Rambus.

Faster Payments 130

Faster Payments Real Time Payments Processors Payments 130

Payments Source

SEPTEMBER 19, 2017

Same-day and real-time payment products are designed for basic transfers that don't meet the more complex needs of Lyft's ride-sharing service, contends Ashwin Raj, Lyft's vice president of payments.

Faster Payments 113

Faster Payments Real Time Payments Payments Product 113

Fintech Finance

JULY 24, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.

Faster Payments 97

Faster Payments FPC FedNow RTP 97

Payments Source

OCTOBER 26, 2020

and a century-old Missouri-based bank — are seeing similar trends emerge around demand for real-time payments. Two smaller banks with strikingly different roots — a startup financial institution in Irvine, Calif.,

Real Time Payments 100

Real Time Payments Economy Payments Faster Payments 100

Faster Payments Council

NOVEMBER 23, 2021

and produced by Javelin Strategy & Research, underscores that financial institutions do not need to focus resources on convincing consumers that real-time payments are worthwhile because they already understand the benefits. This white paper, commissioned by Fiserv, Inc. View the Document

Real Time Payments 88

Real Time Payments Payments Research Consumer 88

Payments Source

OCTOBER 16, 2020

We’re just at the beginning of what will be a period of significant, lasting changes to the world of real-time payments, says FIS' Raja Gopalakrishnan.

Real Time Payments 97

Real Time Payments Payments Faster Payments Mobile Payments 97

FICO

MARCH 26, 2018

In recent months, many countries have rolled out real-time payments schemes. In the USA, The Clearing House launched their Faster Payments scheme in November 2017, the same month that the Eurozone got SEPC CT Inst – a cross-border, real-time payments scheme.

Real Time Payments 88

Real Time Payments Irrevocability Push-to-Card Payments 88

Payments Source

JANUARY 15, 2020

Fearful of being the last one standing, banks and credit unions of all sizes will become more aggressive about real-time payments — or risk getting left in the past.

Real Time Payments 82

Real Time Payments Credit Union Payments Risk 82

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

Payments Source

OCTOBER 14, 2019

Banks need to ditch their "wait and see" approach to making real-time payments available to their customers says Vinay Prabhakar, Volante’s vice president of product marketing.

Real Time Payments 91

Real Time Payments Payments Product Federal Reserve 91

Fintech Finance

DECEMBER 13, 2023

Melio , a leading B2B payments-as-a service platform for small businesses, announced the launch of real-time payments, which provides payors with the option to deliver funds instantly to their vendors. Morgan Payments, can process payments within seconds, even on weekends and bank holidays. “We

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Real Time Payments FedNow Small Business Payments 64

Payments Source

JUNE 6, 2019

Over time, real-time payments could become the predominant payment type while virtually eliminating cash and checks.

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Real Time Payments Checks Payments Faster Payments 93