The Fintech Times

MARCH 22, 2024

If we can’t make flexible funding available to the small businesses that need it – when and how they need it – we’re going to see more and more businesses failing. . “Last year, 345,000 businesses across the UK shut their doors for the last time. And the current financing infrastructure is at least partly to blame.

Small Business 104

Small Business Funds Availability Finance Security 104

Fintech News

MARCH 20, 2024

The inaugural product of this collaboration is the Allianz Global Income fund, available exclusively through GROW’s network. This Singapore dollar (SGD) based fund will provide monthly dividends to investors. The Allianz Global Income fund has assets under management totaling US$ 161.7

Advisors 102

Advisors Funds Availability Security Risk 102

NFCW

DECEMBER 14, 2023

“This JCBDC project is aimed at ensuring that CBDC fund transfers can be done securely and conveniently, by anyone, at any time, with or without internet connectivity, with an immediate guarantee of fund availability,” Soft Space adds.

Digital Currency 89

Digital Currency Central Bank CBDC Transactions 89

The Fintech Times

OCTOBER 10, 2024

To further Mastercard’s vision of bringing immediacy to card payments, all merchants in South Africa who accept Mastercard payments will receive faster payouts, empowering businesses with better cash flow management and faster funds availability.

Visa 84

Visa Acquirers Settlement Payments 84

Payments Source

SEPTEMBER 20, 2018

financial institutions have made same-day ACH funds available without seeing any major shifts in fraud. More than half of U.S. But observers warn that as same-day ACH introduces broader access and bigger transactions, it will become a bigger temptation for fraudsters.

Same Day ACH 80

Same Day ACH ACH Volume Funds Availability 80

Payments Source

FEBRUARY 27, 2018

The Federal Trade Commission contends Venmo misled consumers on funds availability and security disclosures.

Venmo 88

Venmo Federal Trade Commission FTC PayPal 88

Fintech Finance

SEPTEMBER 9, 2024

Actual fund availability depends on receiving financial institution and region **Requires employer participation in DailyPay, and election to deposit early transfers and set direct deposit to the DailyPay Card.

Direct Deposit 94

Direct Deposit FDIC Credit Cards Debit Card 94

Fintech Finance

OCTOBER 9, 2024

For the first time, all merchants in South Africa who accept Mastercard payments will receive faster payouts, empowering businesses with better cashflow management and faster funds availability.

Visa 94

Visa Payments Acquirers Settlement 94

Payments Source

MARCH 16, 2018

Nacha has completed the third and final phase of the faster payments launch, requiring banks and credit unions to make Same-Day ACH funds available to depositors by 5 p.m. in local time.

Same Day ACH 64

Same Day ACH ACH NACHA Credit Union 64

The Fintech Times

OCTOBER 7, 2024

Money is legitimately held back by all marketplaces to ensure that sellers have funds available for refunds but this can disrupt their ability to restock and scale up. This addresses a significant disparity in e-commerce where customers can buy online in minutes, but marketplaces can delay payouts to sellers for up to 60 days.

Funds Availability 52

Funds Availability Volume Addressing FinTech 52

PYMNTS

SEPTEMBER 17, 2018

The first rule will allow Same-Day ACH transactions to be submitted to the ACH Network for an additional two hours every business day, while the second boosts the Same-Day ACH per-transaction dollar limit to $100,000, and the third rule increases the speed of funds availability for certain Same-Day ACH and next-day ACH credits.

Same Day ACH 76

Same Day ACH NACHA ACH ACH Network 76

Fintech Finance

JULY 24, 2024

. “I have great confidence in Carl’s ability to lead the FPC into the future to achieve our vision of a seamless payments system, where anyone can pay anyone else anytime with immediate funds availability.

Faster Payments 92

Faster Payments FPC FedNow RTP 92

FICO

AUGUST 24, 2020

After I made the deposit I got an acknowledgement message through my banking app, letting me know the deposit would need to be validated before crediting my account and making the funds available. The deposit experience was so magical that I expected using the funds to be as quick and easy. But I had to wait until the next day.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Fraud Detection 52

PYMNTS

FEBRUARY 25, 2020

Coming in at number one with its “two days early” guarantee on direct deposit funds availability and automatic savings options, Chime has proved its popularity with the app banking crowd. The Top 5 Digital Banking Apps.

Direct Deposit 87

Direct Deposit Available Balance Funds Availability FinTech 87

PYMNTS

SEPTEMBER 17, 2020

To help merchants receive faster access to funds, EVO Payments Inc. retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic area, according to a Thursday (Sept. The offering lets eligible U.S. 17) announcement.

Push-to-Card 83

Push-to-Card B2B Debit Card Payments 83

Fintech Finance

MAY 1, 2024

Worldwide access to 190+ countries and 100 currencies, with funds available real-time in 100 markets. .” Some benefits derived by organizations like Affiniti Finance and MG2 Corporation include: Faster and more affordable cross-border payments.

Cross-Border Payments 52

Cross-Border Payments Cross-Border AI Payroll 52

The Fintech Times

DECEMBER 5, 2023

Additionally, the supporting partners will collaborate to explore the future of ClimateTech, funding availability for climate ventures and pathways for startups to play a more significant role in the journey to net zero.

Enrollments 111

Enrollments Innovation Funds Availability Technology 111

PYMNTS

NOVEMBER 12, 2020

The small business financing market is in a unique position: despite market volatility and an economic downturn, funding availability remains strong for SMBs thanks to government funding initiatives. Funding Ebbs And Flows. In the U.K.,

Posting 64

Posting Small Business Finance Funds Availability 64

Faster Payments Council

MAY 17, 2021

It allows transfer fund that can be initiated through one of many channels like smart phones, tablets, digital wallets, and the website, simplifying transactions and securing them using a multiple authentication or 2FA method. Bringing together speed, data, and communication solves for longstanding challenges.

RTP 88

RTP G2C C2B Real Time Payments 88

PYMNTS

JANUARY 8, 2019

Chime also offers no-fee paycheck advances that make funds available to workers as soon as the deposit is initiated by the payroll provider and the bank is alerted.

Debit Card 64

Debit Card Push-to-Card Funds Availability Payroll 64

PYMNTS

MAY 3, 2020

Kudlow said “it may be” necessary to have more funding available. “We However, most bank industry groups have indicated that most of the $310 billion is likely already tapped due to the applications already in the queue. . Let’s not make the same mistake again.” .

Small Business 74

Small Business Funds Availability Treasury Processors 74

The Paypers

AUGUST 6, 2018

(The Paypers) Singapore-based NR Capital has launched a fund available to accredited investors who want exposure to asset-backed deals of USD 1 to 15 million.

Accreditation 28

Accreditation Funds Availability Finance 28

PYMNTS

NOVEMBER 20, 2018

That’s the idea behind the recently launched Faster Payments Council (FPC), a group of payment industry participants with the goal of providing a ubiquitous payment system with near-immediate funds availability anywhere. New PYMNTS research painted a detailed picture of how the market is seemingly ready for such transactions.

Real Time Payments 70

Real Time Payments FPC Faster Payments Payments 70

PYMNTS

NOVEMBER 21, 2018

70 percent: Share of businesses that report they would benefit from real-time payments’ instant funds availability. . The trick for operators is to find ways to start on that convenience, and build an increasingly attractive and functional offering for consumers. . .

Real Time Payments 40

Real Time Payments Funds Availability Consumer Payments 40

PYMNTS

OCTOBER 28, 2019

Receivers will have funds available to spend within minutes, enabling real-time, cross-border, cross-currency payments capabilities for C2C, B2C and B2B use cases. At least 100 additional countries are being evaluated for enablement of real-time payment capability by the end of 2020.

International Payments 51

International Payments API Payment APIs and Integration Cross-Border 51

PYMNTS

DECEMBER 13, 2017

But others are pushing forward, particularly with respect to funds availability. Want to assign a grade to the requirement to make Same Day ACH funds available by 5:00 P.M.? Give it an “A” said Herd, as 66 percent of FIs are already making Same Day ACH funds available, well ahead of the March 2018 deadline.

Same Day ACH 40

Same Day ACH ACH NACHA Payroll 40

PYMNTS

MARCH 11, 2020

As part of the economic plan, the B0E is making additional funds available to FIs that increase lending, especially to SMBs. billion) in term funding, based on its experience with a previous program in 2016. The central bank said it anticipated the program could provide more than £100 billion ($129.5

Central Bank 52

Central Bank FPC Funds Availability Economy 52

PYMNTS

DECEMBER 5, 2019

so people can make secure payments anytime or anyplace, with near-real-time funds availability. We can collectively achieve safe, widely available faster payments capabilities that will benefit all by working together with the U.S. She is also a sponsor of the Federal Reserve’s payments improvement initiative.

Faster Payments 54

Faster Payments Fed FPC Federal Reserve 54

Faster Payments Council

MARCH 8, 2022

Faster Payments Council (FPC) The FPC is an industry-led membership organization whose vision is a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. payment system.

Faster Payments 88

Faster Payments FPC Mitigation Payments 88

Faster Payments Council

MARCH 8, 2022

Faster Payments Council (FPC) The FPC is an industry-led membership organization whose vision is a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. payment system.

Faster Payments 88

Faster Payments FPC Mitigation Payments 88

PYMNTS

SEPTEMBER 28, 2020

With the support of its new shareholders and funds available from financing, Neiman Marcus said it expects to be able to execute on the strategic initiatives to ensure a long and successful future for Neiman Marcus.

Funds Availability 55

Funds Availability Finance Process Innovation 55

PYMNTS

JUNE 25, 2020

“Sending out a check requires policyholders to wait for a week, sometimes longer, to get much-needed funds after an accident or crisis. We have been working closely with large P&C insurance carriers to uniquely meet their needs and [those of] their policyholders,” Reuter said.

Checks 100

Checks B2B Digital Payments Innovation 100

PYMNTS

SEPTEMBER 15, 2017

71 percent | Percentage of financial institutions making end-of-day funds available as of May 2016. Here are the numbers: $57 billion | Same-day ACH credit transactions between Sept. 2016 and July 2017. 50 million | Same-day ACH credit transactions NACHA projects will occur this calendar year. 2016 and July 2017.

Same Day ACH 52

Same Day ACH ACH NACHA Credit Transaction 52

PYMNTS

SEPTEMBER 24, 2020

Customers of the bank will have the capacity to sweep money into funds available on LiquidityDirect without exiting GTreasury infrastructure. "The GTreasury ecosystem is purpose-built to seamlessly connect into investment portals like LiquidityDirect.". As it stands, LiquidityDirect supports over $6.5

Cash Management 40

Cash Management B2B Treasury Management Treasury 40

PYMNTS

FEBRUARY 18, 2020

The new card was developed to streamline end-to-end processes — point of sale (POS), payments, funds availability. SumUp said that 2 million merchants worldwide use its technology, with 5,000 people joining daily. Beta-testing was successfully conducted with a sampling of more than 25,000 merchants.

Visa 56

Visa Business Payments Point-of-Sale (POS) Payments 56

Faster Payments Council

JUNE 22, 2021

Faster Payments Council (FPC) The FPC is an industry-led membership organization whose vision is a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. payment system.

Interoperability 68

Interoperability Faster Payments FPC Research 68

Faster Payments Council

FEBRUARY 2, 2022

Faster Payments Council (FPC) The FPC is an industry-led membership organization whose vision is a world-class payment system where Americans can safely and securely pay anyone, anywhere, at any time and with near-immediate funds availability. payment system.

Faster Payments 68

Faster Payments FPC Interoperability Cross-Border 68