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Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

For financial service providers, instant payments offers a chance to open up new revenue streams and develop new services for corporate clients. Because speed is not necessarily corporates’ biggest payments pain point, FIs must look elsewhere to develop real-time payments-based services. “If

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Citi Explores The Real-Time Payments User Experience

PYMNTS

The B2B space now sees the benefit [of real-time payments], which is not just about having the ability to do real-time liquidity management or the ability to make emergency payments,” he said. “It’s It’s also about all of the value-adds it brings in. But with the U.S.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

The comments and insight across the past year-plus has led the Fed to ready a FedNow pilot program — an effort that will seek additional guidance from financial institutions (FIs), including payment processors, to help the service evolve moving forward. Looking Toward Interoperability And Scale . Digital Dollars, Too? .

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An Overview of Interchange Rates and Payment Processing in the EU

Clearly Payments

Conversely, these fees also support the infrastructure and services provided by issuing banks, including fraud protection and customer rewards programs. The regulation also introduced measures to increase transparency, such as requiring payment service providers to disclose the interchange fees to merchants.

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