The Fintech Times

OCTOBER 11, 2024

“This collaboration marks a significant milestone in our exploration of the potential of blockchain technology and will ultimately help enable us to broaden our banking services and expand the market with new financial solutions.” Visa’s vision is to enable interoperability across different blockchains for banks utilising the VTAP platform.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Near Real-Time Participant 52

BitPay

APRIL 25, 2023

Crypto payroll solutions are especially beneficial when paying employees overseas, as cross-border payments using traditional banking methods can be costly and inefficient. Making cross-border payments in crypto allows for near real-time settlement while reducing transaction costs.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

PYMNTS

DECEMBER 3, 2020

While Mastercard originally launched Mastercard Send with consumers in mind, Hernandez said the company quickly expanded the product to include small-business debit cards — and it’s been growing Mastercard Send use cases ever since.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. Unlike traditional ACH transfers, which can take several days to process, instant ACH transfers significantly reduce the waiting time, making funds available to recipients within minutes.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

PYMNTS

NOVEMBER 8, 2017

“Interest in real-time payments platforms is growing at an ever-faster pace,” reflected FIS’ chief operating officer for banking and payments, Anthony Jabbour, in a statement. This scheme supports near real-time transactions and, like Denmark’s, operates 24/7. B2B’s Role In Faster Payments.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

MAY 28, 2020

Mastercard Send, Mastercard’s global push payments platform, is designed to help SMBs through enabling their merchant settlement funds in near-real time through their acquirers. “And you know these days, immediacy matters.”. Instant push payments replace the days of waiting that are common with ACH transfers.

Visa 61

Visa Consumer P2P ACH 61

PYMNTS

JULY 24, 2017

One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. Post Office decided it was time for them to run it. Take faster payments. government to share his ideas. By stagecoach and on horseback.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47