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Tyfone Spins Out New Entity for Instant Payments

Finovate

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.

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Mastercard to Offer Real Time Cross-Border Payments for Commercial Clients

Finovate

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.

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Deep Dive: Instant Payments Confront Long Path To Ubiquity

PYMNTS

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. The instant payments education gap. real-time payments are much more competitive and saturated than a few years ago.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

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.

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