Finovate

OCTOBER 15, 2024

Payfinia aims to help financial institutions access and establish ownership of their instant payments services. Payfinia hinges on Tyfone’s Instant Payment Xchange (IPX), a money movement gateway to FedNow that will serve as Payfinia’s flagship offering.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

PYMNTS

MAY 12, 2020

Paper checks have long been the bane of many accounts payable (AP) and accounts receivable (AR) departments, but the workflows associated with the payment method are familiar, and often even preferred. Fed Forms FedNow Community. According to the Fed, the rollout of FedNow remains on track for 2023 or 2024.

B2B 52

B2B Same Day ACH FedNow Federal Reserve 52

Finovate

OCTOBER 21, 2024

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Visa FedNow 59

PYMNTS

JANUARY 23, 2020

Companies in both industries have access to instant payment tools, but these solutions do not solve their disbursement needs as easily as checks and cash. real-time payments are much more competitive and saturated than a few years ago. Only 3 percent received them via direct deposit that same year.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

OCTOBER 31, 2019

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

Lockbox 43

Lockbox Remittance Data Checks RTP 43