PYMNTS

DECEMBER 10, 2020

Just 18 to 24 months ago, Castelhano noted, plenty of corporates couldn’t even see a use case for real-time payments. Prior to COVID-19 , she said the treasury had focused on lean operations, with little time allowed for deep dives to investigate other things. Today, treasuries have taken on a new priority.

Real Time Payments 103

Real Time Payments Treasury Payments Returns 103

PYMNTS

DECEMBER 4, 2019

While firms like Diamante and SatoshiPay embrace blockchain, traditional players like Wells Fargo and HSBC are relying on RTP to accelerate corporate payments. HSBC Loops Into RTP. Wells Next to Tap RTP for Corporates. The integration will first go live for U.S. business customers, the FI noted.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

OCTOBER 30, 2020

Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It It depends on, ‘Is that customer really cash-strapped? Carter said.

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

The Fintech Times

MAY 7, 2024

However, the same cannot be said in the US. In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

PYMNTS

JULY 27, 2020

As larger firms are turning back to their treasury banking partners to figure out how to enable instant payout options for their workers or customers, they find that they may not quite have what they need. When they turn to their big treasury banking partners, they can’t really help them yet. Instant As A New Revenue Flywheel.

On-Demand 91

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

PYMNTS

JUNE 26, 2018

At present, payroll and gig worker payments may be the most emphasized use cases for faster payments capabilities in the corporate world, with fewer experts expecting payments acceleration to gain traction in accounts payable and supplier payment scenarios. Faster payments have an uncertain future in B2B transactions.

Real Time Payments 46

Real Time Payments Payments Strategy RTP FinTech 46

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. Awareness of those differences is key.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

OCTOBER 21, 2019

The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to funds, as well as detailed information about the transaction. “PNC

Visa 44

Visa Real Time Payments RTP Treasury Management 44

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Same-day ACH may appeal to some companies, while the RTP network suits others, for example. Adam Carter , vice president of global treasury management, faster payments at U.S.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

OCTOBER 31, 2019

Although receiving payment is, of course, critical, without the ability to understand which invoice that transaction is tied to, AR, finance and treasury executives are unable to accurately analyze which bills have been paid, which are late, or which may have an issue with the customer. Further, AR is also about planning for the future.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

APRIL 22, 2019

Some industry experts are beginning to challenge that notion, though, particularly when it comes to internal cash flows and treasury management processes. Still, others have said that B2B payments should be largely left out of the faster payments conversation.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

DECEMBER 27, 2019

What has to happen now is for all the stakeholders who make up the instant disbursement ecosystem as it stands today — large corporates, financial institutions, FinTech platforms, SMBs and consumers — to work collaboratively to make truly seamless and secure instant payments experiences across verticals and use cases a reality in the next decade.

Instant Payments 52

Instant Payments Payments Push-to-Card Payer 52

PYMNTS

SEPTEMBER 17, 2019

It involves a lot more than just providing immediate access to those funds, as a variety of use cases — from peer-to-peer (P2P) to gig economy payments to insurance claims payouts and loan disbursements — are being challenged to “go instant.”. “Of Edwards said.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70