Good Funds Innovation Interoperability 
PYMNTS
JANUARY 21, 2019
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. The Fed’s real-time payments proposal, FIN says, will address these issues with a new, modern and interoperable system.
PYMNTS
JUNE 21, 2017
Bruce Parker, CEO of Modo, told PYMNTS’ Karen Webster, “The whole reason we haven’t seen true proliferation of great ideas and great solutions and great experiences in payments comes down to a lack of interoperability.” We know when a transaction qualifies as good funds,” he emphasized. “We That’s what Modo’s does.
PYMNTS
MARCH 28, 2017
It takes more than just having the latest technology or an innovative idea to make faster payments work. In its latest white paper, INTERAC outlines the principles as follows: Principle #1: Good funds is the better model. Two that go hand in hand are ubiquity and good funds. If anyone knows that, it’s Canada.
PYMNTS
SEPTEMBER 21, 2016
Same Day ACH can give a boost to them, as well as to prepaid cards that can be loaded faster, with the assurance of having good funds behind them. While both Same Day ACH and real-time payment initiatives have unique functionality and innovative use cases serving distinct end-user needs, collectively, these initiatives will give U.S.
PYMNTS
NOVEMBER 12, 2018
All too often, cardholders with good funds backing them up see their cards declined. For the merchants then, connectivity and interoperability are fostered through a single point of access in the marketplace model. That’s because the neural network sees something it doesn’t like.
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