PYMNTS

NOVEMBER 3, 2020

“Financial institutions (FIs) and other financial services providers are looking to help meet the need for speed by leveraging various faster payment rails that support an array of payment methods,” according to PYMNTS’ latest Real-Time Payments Report done in collaboration with The Clearing House.

Real Time Payments 109

Real Time Payments RTP Same Day ACH Payer 109

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. Payment frictions and P2P’s impact. percent during Q3 2020.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

Fintech Finance

OCTOBER 21, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

Real Time Payments 95

Real Time Payments SWIFT Payment Networks Cross-Border Payments 95

Payment Savvy

FEBRUARY 24, 2023

Real-time payments have revolutionized how we make financial transactions, providing unparalleled speed, convenience, and security. With real-time payments, money can be transferred almost instantly from one person to another, anywhere in the world.

Real Time Payments 98

Real Time Payments Payments Risk Cash Management 98

PYMNTS

OCTOBER 15, 2020

But the transition is one that must consider, and maybe even embrace, several emerging options and payment rails in a bid to move data and money more quickly across borders, and move, decisively, away from paper checks. There’s room for RTP and ACH to co-exist, said Waterhouse, “for a very, very long time.”

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech Finance

FEBRUARY 10, 2025

Today, The Clearing House and BNY (NYSE: BK), announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit. The post BNY Sends Largest Instant Payment in U.S.

Transaction Limits 106

Transaction Limits Instant Payments RTP Transactions 106

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

PYMNTS

NOVEMBER 18, 2020

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. That said, the U.S.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

JULY 22, 2020

Yet for many entities, the concept of implementing real-time processing across an entire system can feel overwhelming complex. As real-time payment infrastructure grows more sophisticated, technology presents an opportunity for organizations to mitigate the adoption hurdle. ” Becoming More Adaptive.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

PYMNTS

SEPTEMBER 29, 2020

Mastercard and ACI Worldwide are teaming up to “provide a wide range of real-time payment solutions globally.” This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. Payments giant Mastercard, based in Purchase, N.Y.,

Real Time Payments 99

Real Time Payments Visa Payments Central Bank 99

Payments Next

OCTOBER 31, 2023

By Michael Meeks, SVP of Software Development at BHMI Growing demand from consumers and businesses and the rollout of FedNow are expected The post 4 Challenges in Real-Time Payments and how to address them first appeared on Payments NEXT.

Real Time Payments 88

Real Time Payments Addressing FedNow On-Demand 88

Fintech Finance

DECEMBER 12, 2024

Today, Visa Direct processes billions of real-time transactions in the US, across 50+ use cases, making it a preferred choice for consumers when receiving money from businesses or moving money between their accounts. Visas initiative sets an exemplary model for financial institutions to meet the demands for speed and efficiency.

Funds Availability 98

Funds Availability FPC Accounts Debit Card 98

FICO

FEBRUARY 19, 2020

US payment schemes operate in a uniquely competitive environment. The Clearing House Association’s RTP as well as The Automated Clearing House offer same day clearing and the Federal Reserve is looking to launch instant payments with their FedNow scheme in 2023. How RealTime Payments Impact Financial Crime.

Real Time Payments 92

Real Time Payments Financial Crimes Crime Account Takeovers 92

PYMNTS

OCTOBER 10, 2019

With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role. One of the many questions around real-time payments is what forms they will take as the pace of deployments heat up.

Real Time Payments 80

Real Time Payments Push-to-Card Payments Debit Card 80

Finovate

JUNE 10, 2024

Earlier this year, we looked at how the drive for real-time payments in the West could benefit from studying the successes of India’s real-time payments network , UPI. Last month, NIPL announced that it was working to bring a UPI-type payment system to Namibia.

Real Time Payments 83

Real Time Payments Technology Financial Inclusion Financial Literacy 83

PYMNTS

OCTOBER 14, 2019

Paychex also announced support for real-time payments to address the cash flow concerns of professionals living paycheck-to-paycheck. Following its launch of same-day ACH credits in 2016, Paychex said it will introduce support for real-time deposits of earned wages into employees’ bank accounts.

Real Time Payments 76

Real Time Payments Same Day ACH Payroll Payments 76

Fintech Finance

JANUARY 16, 2025

The company founded in 2017 and headquartered in London, UK has witnessed a significant increase in its overall customer base with annual revenue growth of 71% this year compared to 2023, while nearly tripling the size of their London office team in response to the growing global demand for accessible financial options.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

Fintech News

JANUARY 26, 2025

In 2023, credit card payments comprised 52.2% However, the country has shown that its consumers’ reliance on credit cards and electronic money has gradually decreased, while QR code and barcode payments have experienced remarkable growth. Real-time payments are surging across Asia-Pacific , are expected to grow from 49.2

Payments Trends 124

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 124

Fintech Finance

FEBRUARY 4, 2025

After taking more than five years to reach the first half a billion payments, the networks recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States. When the RTP network exceeded the 1 billion payments mark on Friday. billion).

RTP 59

RTP Volume Transactions Real Time Payments 59

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest. Faster Payments (U.K.),

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

The Payments Association

JANUARY 8, 2025

The payments industry in 2025 will see advancements in real-time payments, AI tools, and voice-activated technologies reshaping consumer and business interactions. From pay-by-bank solutions to futuristic voice-activated payments, 2025 promises to bring significant advancements.

Non-Bank 88

Non-Bank Real Time Payments Instant Payments Payments 88

PYMNTS

AUGUST 12, 2019

It’s also not why the Fed decided to enter the real-time payments fray. The Real-Time Payday Reality. For most people, it has been a long time since they received a paper check that had to be deposited at the bank. The Fed has kept a lot of details about its real-time ambitions close to the vest.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

Fintech News

JANUARY 21, 2025

These changes, which include lifting restrictions on WhatsApp Pay and postponing the implementation of a market share cap for UPI apps, underscore the NPCIs commitment to create a fairer digital payment landscape in India, and ensuring equal opportunities for all participants, India TV News reported. PhonePe has an estimated 47.8%

Caps 120

Caps Digital Payments AI Debit Card 120

The Fintech Times

NOVEMBER 18, 2024

The new solution, Volante Payments Intelligence, enables banks to better understand their payment operations, simplifying decision-making while improving business performance. It leverages historical and real-time payment data to help banks strategically plan, optimise operational efficiency, and accurately track performance.

ISO 20022 64

ISO 20022 Technology Real Time Payments ISOs 64

Fintech Finance

JANUARY 20, 2025

With players demanding rapid payouts, 42% of global players expect to cash-out instantly. And 34% consider fast deposits critical to their payment experience, trending highest in Colombia (45%) and Ecuador (43%). In addition to localizing their cashiers, operators need to focus on transactional speed.

Security 98

Security Alternative Payment Methods Payments On-Demand 98

PYMNTS

JULY 27, 2020

Banks missed out on the first big wave of digital payments, but they don’t have to miss out on the next, Ingo Money CEO Drew Edwards told Karen Webster in a recent conversation. The entire [digital payments] industry ends up being created outside the banks on products that should have been developed by them,” Edwards said.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

Bank Automation

JANUARY 30, 2025

Business clients are demanding instant payment services from their financial services providers as they look to streamline payment processes.

RTP 59

RTP FedNow Federal Reserve Instant Payments 59

The Payments Association

JANUARY 21, 2025

The payments landscape has seen accelerated growth across both traditional and alternative channels, driven by rising digital adoption, technological advancements, and an increasing focus on seamless user experiences. Mobile wallets dominate this shift, with 62% of consumers now viewing cashless options as very important.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Payments Association

MARCH 19, 2025

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. This can be on-prem, or hosted in any private or public cloud.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Finovate

DECEMBER 5, 2024

Numerals cloud-native platform will enable Mambu to offer end-to-end payment workflows, support multiple payment methods, and deliver real-time transaction capabilities to its clients. With growing demand for embedded payments and real-time payment experiences, this acquisition will help Mambu better serve its clients.

Acquirers 64

Acquirers Payment APIs and Integration Embedded Payments Real Time Payments 64

Finextra

NOVEMBER 7, 2024

How can banks capitalise on real-time payments?

Real Time Payments 52

Real Time Payments On-Demand Payments 52

Fintech News

JANUARY 12, 2025

A growing young and middle-class The second driver Southeast Asia’s fintech boom is the regions growing tech-driven youth and middle class, two demographics that are fueling demand for digital-first financial services. The rise of super-apps is another prominent trend in Southeast Asias payment landscape.

FinTech 117

FinTech Financial Inclusion BNPL Cross-Border 117

The Payments Association

MARCH 19, 2025

The payments industry is undergoing a profound transformation. With the rise of digital assets, real-time payment methods, and evolving regulations, the pace of change has never been faster. Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

Finovate

MARCH 4, 2024

Though The Bancorp Bank, Galileo will leverage The Clearing House’s Real Time Payments network to offer real-time payments to help its retail and commercial clients transfer money in real time, 24-hours a day. billion transactions each year. Damian Kozlowski is President and CEO.

Real Time Payments 64

Real Time Payments RTP FedNow Payments 64

PYMNTS

APRIL 3, 2020

The agreement allows the ECB to offer Sweden access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) in Swedish currency to support the nation’s instant payment service, the agency announced on Friday (April 3). The deal between ECB, the Eurosystem and Sveriges Riksbank will take effect in 2022.

Real Time Payments 75

Real Time Payments Central Bank Instant Payments Agreements 75

The Fintech Times

NOVEMBER 6, 2024

“For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Finovate

NOVEMBER 7, 2024

By integrating with advanced networks, such as Partior, we are ensuring that financial institutions can quickly and easily access our real-time payments infrastructure without the need for complex technical integrations,” said Nium Chief Payments Officer Alexandra Johnson.

Real Time Payments 52

Real Time Payments Cross-Border Payments Cross-Border Payment APIs and Integration 52