PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. We can also see opportunities for small and medium businesses.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

NOVEMBER 10, 2020

Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. For financial service providers, instant payments offers a chance to open up new revenue streams and develop new services for corporate clients.

Real Time Payments 117

Real Time Payments B2B Value Added Service ISO 20022 117

PYMNTS

OCTOBER 28, 2020

We can see that cash has been reduced in favor of electronic accounts and instant payments,” he said. For instance, Scaffidi said that real-time payments (RTPs) are gaining trust at the same time that credit cards are not always seen as the right payments instrument.

Emerging Payments 109

Emerging Payments Real Time Payments RTP Payments 109

The Fintech Times

JULY 24, 2024

Last year, the US Federal Reserve launched FedNow as a competitive alternative for instant payments in the US. Celebrating its first birthday, we review how the instant payments service has been adopted over the past year. Are instant payment methods becoming more mainstream in the US?

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

PYMNTS

OCTOBER 28, 2019

The payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. It’s also about all of the value-adds it brings in. Those users, both consumers and businesses, aren’t just demanding choice, however.

Real Time Payments 40

Real Time Payments Instant Payments Value Added Service Payment APIs and Integration 40