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Broadridge Launches Instant Payments Service, Aligned with New EU Regulations

Fintech Finance

(NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. Instant payments are expected to become the industry standard, particularly for recurring transactions such as bill payments.

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New Broadridge Financial Solutions Service Enables Businesses to Benefit From Instant Payments

The Fintech Times

Broadridge Financial Solutions , the investor communications and technology-driven solution provider, has launched a new managed service for connectivity, message processing and workflow management for instant payments.

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Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

BD provides payers with information like amounts, due dates and posting dates, but not about payers’ linked bank accounts. BBP enables only payment of bills from participating businesses, meaning certain invoices cannot be reconciled. . That can lead to identity verification problems, resulting in returned or delayed transfers.

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Amex Files Blockchain Faster Payment Patent

PYMNTS

The filing describes a blockchain solution to receive requests for payment, which would then be approved or rejected, a process that would include risk analysis, reports said. If approved, the platform would automate processing and adjust accounts on both ends of the transaction.

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

Waterhouse said the big evolution for the year ahead will involve taking what are now typically debit transactions like check or automated clearing house (ACH) debit and migrating those to the RTP network combining a Request for Payment (RfP) with a consumer authenticated RTP payment.

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What Is FedNow & How Can Businesses Prepare for It?

Seon

FedNow works by offering banks, credit unions, and other organizations such as retailers a system where they can utilize instant payment services that go through this core process: The payer (e.g. an employer paying an employee their wages) uses an app provided by their credit union to request the desired payment.

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What are Payment Links? Optimizing Payment Links for Your Business

EBizCharge

Payment links are web addresses that, when clicked, take the payer to a secure payment portal to complete their purchase. Since there are many ways to send payment links to customers, it’s important to understand how these links work. How do payment links work?