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Payments Dive
APRIL 4, 2022
Bank and Lithia Motors are teaming up to test a new real-time payments tool for customers selling their used cars to the auto dealer in their driveways. The pilot in Portland, Oregon, is expected to be rolled out nationwide this year.
PYMNTS
NOVEMBER 27, 2020
Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has thus inched upward. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.
PYMNTS
DECEMBER 21, 2020
Julian King , vice president and general manager of Xoom, said real-time payments have been a "critical and essential payment tool" for the nine months of the pandemic thus far, and they have proved popular with customers in India. India is an important market for us," he said, according to the release.
PYMNTS
NOVEMBER 23, 2020
HSBC is introducing a new real-time payments tool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. “As
140 
PYMNTS
OCTOBER 21, 2016
Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.
The Paypers
NOVEMBER 20, 2023
The Monetary Authority of Singapore and Bank Negara Malaysia have partnered to launch a cross-border real-time payment system connectivity between PayNow and DuitNow.
PYMNTS
NOVEMBER 1, 2018
Hong Kong Monetary Authority (HKMA) has received a trio of complaints that the faster payments infrastructure has been a conduit to fraud, and the transactions range from $1,280 to $12,750. The faster payments tool will allow businesses to make payments of up to €15,000 ($17,058 USD) no matter the time of day.
PYMNTS
JANUARY 20, 2017
EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its technology. EBA Clearing’s technology will enable real-time payments across the EU 24/7. The firm said Thursday (Jan. The firm said Thursday (Jan.
The Fintech Times
NOVEMBER 6, 2024
.” “We are on a mission to make it easier for people to use cryptocurrency in real-world payment scenarios and our partnership with Ingenico will go a long way to bringing crypto out of the web and increase its adoption as a powerful payment tool,” added Eric Anziani , president and COO of Crypto.com.
101 
PYMNTS
NOVEMBER 25, 2020
Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put off purchases as they watch for transactions to finalize. Around The Real-Time Payments Space. Bank, representing Elavon , explained in a recent PYMNTS interview.
104 
PYMNTS
OCTOBER 11, 2017
ACI Worldwide has unleashed its real-time payment solution for financial institutions (FIs). According to ACI, the solution addresses the challenges banks face when managing multiple, separate systems and schemes involving real-time payments. banks to the nation’s Faster Payments scheme.
PYMNTS
APRIL 20, 2018
SwapsTech has completed the development of its faster payments solution to help financial institutions link into real-time payment capabilities. The company announced news on Thursday (April 19) that its Payment Galaxy tool is one step closer to being available for banks.
PYMNTS
OCTOBER 30, 2020
Elavon processes payments on behalf of merchant clients and gives them several options for how to receive the funds, such as via ACH or real-time payments on the RTP network, with companies typically focusing on price and speed when determining which method to request. Managing Cash Flow Reporting in B2B.
PYMNTS
JANUARY 21, 2021
They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World. Read more in the Tracker.
The Fintech Times
JUNE 15, 2024
Payments platform Dash Solutions has expanded its strategic collaboration with Visa, leveraging Visa’s digital payment network, Visa Direct, to deliver real-time payments to billions of cards and accounts. Configurable solutions are core to Dash Solutions’ strategic vision for real-time payments.
The Payments Association
MARCH 19, 2025
The technology behind digital wallets has advanced rapidly, transforming them from simple payment tools into comprehensive financial ecosystems. Optty CEO Natasha Zurnamer highlights this shift: Digital wallets have expanded functionality well beyond the processing of a payment.
PYMNTS
MARCH 12, 2020
Faster payments are only one example of the effects of a world moving toward real-time everything, with growing customer demands driving change in the way banks and businesses operate themselves. As such, the consequences of real-time payments aren’t solely impacting consumers’ peer-to-peer ( P2P ) transaction activity.
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PYMNTS
DECEMBER 20, 2017
In a recent interview with PYMNTS, Chris Ward, executive vice president and head of product management for PNC Financial Services Group — one of the first banks to offer real-time payments to personal and business banking customers alike — said he believes the technology could be a game-changer in the U.S. Getting faster….
83 
Fintech Finance
APRIL 19, 2024
individuals owning a debit or credit card, according to the World Bank Global Findex), 55% card usage and a high level of real-time payments usage.2 ” Providing digital payment tools accompanied by financial education (e.g., For additional information, read the full report here.
PYMNTS
NOVEMBER 25, 2020
However, businesses need to change their systems and practices before they can take advantage of more modern payment tools. The November CFO’s Guide To Digitizing B2B Payments explores how businesses are navigating these technology adoptions and finding secure, cost-effective ways to upgrade their B2B transactions.
95 
PYMNTS
APRIL 13, 2017
and Europe say they are willing to switch banks to a provider that offers real-time payments, says a new report from ACI Worldwide. The survey , conducted by YouGov, was released Wednesday (April 12) to explore how real-time payments may change the way small businesses approach banking. In the U.S.,
EBizCharge
MARCH 27, 2025
This approach also improves payment processing efficiency by automating payment management, enabling merchants to prioritize more time for growth initiatives. Improved cash flow and financial visibility Real-time payment processing in Sage ensures businesses receive funds faster, improving cash flow and financial stability.
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The Fintech Times
APRIL 21, 2024
Findings from the study by Mastercard and Nubank, which measured the financial inclusion impact on individuals, found that Brazil currently stands out in Latin America as being ready to grow financial inclusion and health, with 70 per cent card penetration, 55 per cent card usage and a high level of real-time payment usage.
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PYMNTS
JANUARY 7, 2021
As these ecosystems of integrated workflows, technologies, corporates and their financial service providers continue to evolve, the mindset of how to tackle friction in cross-border B2B payments will similarly shift, but not without overcoming some hurdles first.
97 
PYMNTS
DECEMBER 14, 2020
It's important to deploy the right technologies that can extract this kind of data to not only understand cash positions but look ahead into the future, with everything from customer outreach to payment method impacting cash flow forecasts. I do see challenges there," said Kumar, "as well as opportunities.".
123 
Finovate
OCTOBER 21, 2024
Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. Photo by Lea L on Unsplash
The Paypers
AUGUST 14, 2019
(The Paypers) Allied Payment Network has partnered with Mahalo Technologies to allow Mahalo to offer Allied`s bill pay services integrated with Allied`s real-time payment technology.
PYMNTS
JANUARY 23, 2020
Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement methods increasing over the past few years.
PYMNTS
NOVEMBER 19, 2020
Merchants around the globe are closely monitoring their revenue flows during the pandemic, and some may still appreciate the immediacy of cash payments despite the inconveniences that come with accepting physical currency.
PYMNTS
OCTOBER 30, 2018
The Italian operation of Crédit Agricole has introduced its instant payment functionality for current account users via a partnership with SIA, the FI said in an announcement on Monday (Oct. Crédit Agricole customers can access real-time payments capabilities via the bank’s desktop and mobile online banking platforms.
PYMNTS
JUNE 27, 2019
According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. As faster and real-time payments gain traction in the U.S., It’s a lot more than just saying, ‘I’m now going to offer this.’
PYMNTS
SEPTEMBER 4, 2018
The enterprise is still unsure about faster and real-time payments. With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates.
PYMNTS
JUNE 7, 2017
Not only are faster payment tools bringing helping to exchange funds at a quicker pace, but these solutions are also transforming the certain aspects of the gig economy and spurring investments in new payment infrastructures. Beyond payment infrastructure, other companies are investing in real-time payment solutions.
PYMNTS
JANUARY 9, 2019
.” Despite the warning, many experts have assured that faster payments do not necessarily mean faster — or an increase in — fraud, particularly as financial institutions (FIs) adopting faster and real-time payment capabilities enhance their anti-fraud efforts at the same time.
PYMNTS
OCTOBER 29, 2020
The inaugural edition of the Real-Time Payments Report examines the factors influencing companies’ faster transaction and payroll needs, as well as how firms determine the solutions best suited to the demands of their particular contexts and priorities. Around The Real-Time Payments Landscape.
The Fintech Times
MAY 21, 2024
Stripe , the financial infrastructure platform for businesses, has launched new payment tools and financing options in the UK, intending to improve access to capital and accelerate the growth of hundreds of thousands of UK businesses. That’s what gives us the conviction that now is the time to double down in the UK.”
59 PYMNTS
JANUARY 15, 2018
Finexio’s Rolfson also told PYMNTS that he sees potential for faster payments tools to gain traction in the B2B arena. While there are many exciting developments, “the one most relevant to our customers – who are, of course, wanting to get rid of checks – is real-time payments,” he said.
55 
PYMNTS
SEPTEMBER 2, 2019
Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Of course, cards aren’t the only corporate payment tool able to digitize transactions and transactional data.
Finovate
OCTOBER 15, 2024
Payfinia aims to help financial institutions access and establish ownership of their instant payments services. ” Integrating FedNow’s instant payments service, which the U.S. Tyfone was founded in 2004 and provides digital banking and payment solutions.
PYMNTS
NOVEMBER 3, 2016
Bank Senior Vice President of Corporate Payments Robert Kaufman, is that there are so many versions of these accounting platforms and so many ways to customize them that ensuring B2B payments tools integrate properly isn’t a sure bet.
Fintech Finance
MAY 21, 2024
Stripe , a financial infrastructure platform for businesses, today launched new payments tools and financing options in the UK that will improve access to capital and accelerate the growth of hundreds of thousands of UK businesses. Today, Stripe launched its first Open-Banking-powered payment method, Pay by Bank, in the UK.
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PYMNTS
SEPTEMBER 15, 2017
Time is money. And for contractors in the beauty industry, time wasted by no-show customers cuts right into the bottom line. But new payment tools are now available to help these gig workers enforce fees for late and no-show customers, giving them access to more control over a steady cash flow.
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PYMNTS
JANUARY 29, 2020
As commercial card product developers innovate, many are beginning to explore unique use cases for the payment tool. ” Virtual cards are particularly important for industries with high volumes of B2B transactions and a need for real-time payments, including the travel and real estate markets.
PYMNTS
JANUARY 17, 2020
“They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. ” Finding A Middle Ground. The result?
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