PYMNTS

MARCH 12, 2020

launched this week, will allow for the expansion of the virtual banks, which can replace real current accounts and transfer payments to a linked master account. By streamlining the number of accounts available overall, Nucleus will be able to make the corporate accounts receivable (AR) process easier for customers.

Master Account 60

Master Account Accounts Settlement Finance 60

Fintech Finance

MAY 15, 2024

As well as quicker settlement times and improved cash flow management, Ayruu will also benefit from the added security of single-use Virtual Card Numbers (VCNs) and spend controls to mitigate the risk of fraud in online payments.

Embedded Payments 52

Embedded Payments Payment Solutions Wire Transfer Payment APIs and Integration 52

PYMNTS

JUNE 7, 2018

“Because of the multicurrency aspect of our account, it also [means] the artist could … receive [her] revenue in the currency of the area [she is] in.”. These clients can then make individual or batch payments from each sub-account. They can manage multiple accounts to one interface,” Jamieson said.

Multi-Currency 46

Multi-Currency Master Account Reconciliation Faster Payments 46

The Fintech Times

JULY 24, 2024

Both offer similar services, but FedNow participants can transfer funds from their Federal Reserve master account, which means they have an extra pool of resources for liquidity management. “Banks have a difficult choice between TCH’s RTP network and the new kid on the block, FedNow.

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

Exact Payments

OCTOBER 30, 2023

Differentiator 1: Payment Aggregation The most crucial distinguishing factor of PayFacs is that they operate as merchants themselves and register for processing accounts directly with an acquiring bank. They are then able to onboard and aggregate sub-merchant accounts under their master account.

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52

PYMNTS

DECEMBER 7, 2020

In terms of mechanics, these companies would have to maintain master accounts at the Federal Reserve and must maintain segregated accounts with the Fed, with reserves fully collateralized and convertible into dollars on demand. Call it a case of dotting “eyes” and crossing “tees,” as the saying goes, before the gates open.

Stablecoins 76

Stablecoins Regulations Federal Reserve Fed 76

The Payments Association

MARCH 18, 2025

Limited access to banking services has, in turn, constrained these firms’ ability to operate efficiently within the broader financial system, including in areas such as payments, settlements, and liquidity management. How are banks likely to respond? Some of the largest U.S.

Federal Reserve 88

Federal Reserve Stablecoins Fed Settlement 88