PYMNTS

JUNE 23, 2020

In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. ” “Supporting real-time payments through the RTP network is an important step for us,” he continued.

Federal Reserve 106

Federal Reserve RTP Payment APIs and Integration Fed 106

Fintech Finance

SEPTEMBER 5, 2024

Fifth Third Bank is pleased to announce a collaborative agreement between Newline by Fifth Third , a leading embedded payments platform, and Trustly , the global leader in Open Banking Payments. The first payment products on which the parties will collaborate are deposits and withdrawals via ACH and RTP.

RTP 96

RTP Innovation ACH Embedded Payments 96

PYMNTS

FEBRUARY 6, 2019

Mastercard has named Paul Stoddart its new president of New Payment Platforms. Stoddart, who begins his new position on March 1, will oversee the development and integration of the company’s real-time payments capabilities beyond card-based solutions, including Vocalink account-based payments, the Homesend joint venture and Mastercard Send.

Visa 76

Visa Real Time Payments Cross-Border Payments Cross-Border 76

PYMNTS

APRIL 21, 2020

The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment.

NACHA 82

NACHA Correspondent Bank Real Time Payments Push-to-Card 82

PYMNTS

NOVEMBER 13, 2018

The creation of the group comes at a time when businesses want to get rid of the paper check, but it still remains the norm across all types of business. The good news: The study also showed that the most innovative businesses are set to adopt real-time payments.

Faster Payments 76

Faster Payments FPC Federal Reserve Payments 76

Fintech Finance

FEBRUARY 6, 2024

We applaud NCHL for their forward-thinking decision to invest in innovative technologies, and we are confident that our proven and resilient solutions will contribute to the success of Nepal’s digital payment strategy,” said Santhosh Rao, Senior Vice President, Sales – MEASA, ACI Worldwide. billion people.

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

The Payments Association

DECEMBER 18, 2024

.” Merusha Naidu, global head of partnerships , says, “Global cashless payment volumes are projected to increase by more than 80% between 2020 and 2025, from about 1 trillion transactions to almost 1.9 Real-time payments (RTP) could reach $193.1 billion within the multi-rail payments ecosystem by 2030.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

PYMNTS

DECEMBER 14, 2020

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other. I do see challenges there," said Kumar, "as well as opportunities.".

Accounts 123

Accounts B2B Real Time Payments Finance 123

PYMNTS

DECEMBER 23, 2020

However, many businesses are looking to mitigate these issues with 85 percent of company leaders stating that their businesses already supported real-time payments or planned to by 2023. Companies must quickly analyze their freelance payment strategies as the world becomes more digital and connected in response to recent events.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

PYMNTS

DECEMBER 4, 2018

The organization’s Faster Payments Playbook Project Team recently held its first in-person meeting. Members gathered to discuss which key topics needed to be featured in a Faster Payments Playbook, a resource that would guide FIs in their faster payment strategies. are working to promote faster payments.

Central Bank 70

Central Bank Real Time Gross Settlement (RTGS) RTP Faster Payments 70

PYMNTS

APRIL 22, 2019

Still, others have said that B2B payments should be largely left out of the faster payments conversation. remains in its early days of faster and real-time payments adoption, so neither of these two schools of thought have been proven correct. Adoption and implementation will rely significantly on market demand.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

NOVEMBER 7, 2016

“Tackling today’s security challenges will require the commitment of all payment system participants,” said Gordon Werkema, the Fed’s payments strategy director, in a statement last week. ” In any payment environment, corporate payments face a broad range of security threats.

Fed 77

Fed Secure Payments Task Force Security Federal Reserve 77

Fintech Finance

FEBRUARY 27, 2024

This partnership prepares financial institutions (FIs) to effectively respond to payments industry changes, such as the evolution of ISO 20022 messaging standards and the launch of the FedNow Service. This is a great next step in Backbase’s payment strategy of enabling multiple money movement solutions, both in retail and business segments.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

PYMNTS

DECEMBER 27, 2016

In offering up his predictions for the corporate treasury space in 2017, Moore told PYMNTS how CFOs and treasurers are driving the strategies of that innovation and how payments innovation overall forces changes in how these professionals approach their jobs.

Innovation 72

Innovation Treasury Management FinTech Treasury 72

Fintech Finance

APRIL 8, 2024

Introducing digital currency and blockchain for cross-border payments Together with Onyx’s Blockchain Deposit Account product, JPM Coin, Kyriba leverages the power of blockchain and efficiency of real-time payment processing to increase end-to-end payments transparency. Morgan’s Payments strategy.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Innovation Cross-Border Payments 52

PYMNTS

DECEMBER 3, 2020

She said Mastercard is aiming to optimize payment strategy with the objective of bringing customers an easier experience through the use of things like intelligent routing and a new push-payments partnership, which Mastercard recently announced with Ingo Money. The Value Proposition.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

The Fintech Times

MARCH 30, 2024

By harnessing core payment services and fraud tools, they can create a novel, real-time payment method that benefits merchants and consumers.” Dan Carter, senior director and head of global payment strategy at Redbridge DTA “From a consumer perspective, there should be little to no major changes.

Settlement 59

Settlement Credit Cards Visa Consumer 59

PYMNTS

JUNE 3, 2020

“Digital disbursements and other new payment strategies and technologies are reshaping the medical and pharmaceutical industries as service providers look to ease patients’ prescription payments. Real-Time Payments Get Healthy.

Faster Payments 63

Faster Payments Payments Checks Push-to-Card 63

PYMNTS

JANUARY 15, 2018

. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

B2B 55

B2B Innovation Same Day ACH NACHA 55

Fintech Finance

APRIL 24, 2024

Now the world’s third-largest economy, Germany still faces macroeconomic headwinds and a weakened outlook, which for merchants and businesses has brought operational efficiency – including the role of payments strategy – into sharp focus.

Instant Payments 59

Instant Payments Payments Reconciliation Real Time Payments 59

PYMNTS

SEPTEMBER 5, 2019

The phased implementation will span an 18-month period, and “reflects the recent opinion of the European Banking Authority (EBA), which set out that more time was needed to implement SCA given the complexity of the requirements, a lack of preparedness and the potential for a significant impact on consumers,” the FCA said in a press release.

Payments 63

Payments Rules Payments Strategy Regulations 63

Payment Savvy

DECEMBER 9, 2020

More Payment Strategies to Show Up. As we’ve already said, it’s becoming easier than ever to embed payments in various software. As such, we expect to see payments appearing from places we didn’t expect. Businesses are now digitalizing all aspects of their systems to offer seamless payments on a digital platform.

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

DECEMBER 16, 2019

Here at PYMNTS, we are nothing if not keen chroniclers of change (and what it means for readers), and that’s why we recently took time to have a discussion with Deva Annamalai, director of innovation and payments strategy at Fiserv. which promote data sharing, as well as new payments and financial services products. “We

Faster Payments 42

Faster Payments Real Time Payments Payments Credit Union 42

The Payments Association

SEPTEMBER 30, 2024

The need for clearer breakdowns of these fees was a recurring theme, with all participants highlighting how complicated it is for merchants to make informed decisions about their payment strategies when the cost structures remain so unclear.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

PYMNTS

MAY 26, 2016

The New Access Model approach from Faster Payments Scheme Ltd (FPSL) introduces the concept of Aggregator Services to simplify and reduce the cost of access for an organization seeking to offer real-time payment services. The real-time payments schemes are just the enabling rails for terrific innovation.

Faster Payments 40

Faster Payments Real Time Payments Payments Payment APIs and Integration 40

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. Yet, there is one particular opportunity for faster payments to find its place in B2B transactions.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

SEPTEMBER 23, 2019

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

The Fintech Times

FEBRUARY 29, 2024

. “Ultimately, security and user experience remain paramount across the board, but navigating local regulations, data privacy laws, and cultural preferences is equally crucial for tailoring a winning payment strategy in any market. ” Are payments in emerging markets overtaking the Western world?

Payments Trends 59

Payments Trends Online and Mobile Banking Payments Push-to-Card 59

Nanonets

SEPTEMBER 29, 2023

Exploring these options will help you tailor your payment strategy to meet your specific requirements. The significance of choosing the right digital payment platforms goes beyond the transactional level. Opting for platforms like Stripe or other online gateways can lead to streamlined payment management.

Payments 52

Payments Reconciliation Automation ACH 52

EBizCharge

MAY 15, 2024

They are particularly advantageous for businesses that need to manage high volumes of payments efficiently and securely. Incorporating eChecks alongside standard ACH transfers can offer businesses greater flexibility and choice in electronic payment strategies.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

AUGUST 2, 2019

According to the July Faster Payments Tracker , roughly 40 countries had real-time payment systems in place in 2018, and many more working on them. Even in established markets like the U.S., the use of APIs can help a lot.

Cross-Border 43

Cross-Border Payment APIs and Integration Real Time Payments Credit Cards 43