Disbursements

The United States does not lack instant payment rails. It lacks a simple, universal front door to them. That is the larger significance of X9.150, a new American national standard for ...

People in Brazil seem to love the Pix instant payment system. The U.S. government is a different story. Last year, the U.S. Trade Representative (USTR) launched a probe into what it called ...

Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses would no longer wait for ...

Business clients don’t want to hear that the payment is “in process.” They want to know that the money was moved, the supplier was paid and the bank can prove ...

Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks, and reaches over half of ...

Government payments rarely get discussed as financial infrastructure. They’re usually treated as administrative outputs. Benefits are approved, refunds are issued and claims are processed. For millions of households, however, the ...

On June 30, an independent company called Open Standard launched a dollar stablecoin, Open USD, and 140 of the biggest names in money signed on. Visa. Mastercard. BlackRock. BNY. Coinbase. ...

Real-time money movement is beginning to alter the expectations surrounding healthcare and HR benefits where reimbursement timing and payout clarity have long been sources of frustration for employers and participants ...

Real-time B2B payments may not be losing to skepticism. They are losing, for now, to payment systems that work just well enough. That is one of the more useful takeaways from ...

Real-time payments in South America have moved well beyond proof of concept. They’re becoming the financial backbone of entire economies, and the numbers speak for themselves. The evidence starts with Brazil’s ...

Watch more: The Digital Shift With Galileo’s Prashant Shah For years, core banking systems were viewed as essential but largely invisible infrastructure. They maintained account balances, processed deposits and withdrawals, and ...

Watch more: Michael Silver of Robinhood Consumers managing their finances through digital channels increasingly assume that money will appear in accounts quickly, with visibility into when it can be used. For investment ...

Real-time payments are starting to look less like a faster delivery truck and more like a digital receipt that arrives before anyone has to ask where the money went. That is ...

Companies using GigSafe’s compliance and payments platform built for regulated delivery and logistics operators can now make payments within the platform. This capability is enabled by GigSafe’s adoption of U.S. Bank’s embedded payment solutions, which allow ...

Watch more: Shari Freidenrich of Orange County Treasury Fast payments continue to redefine expectations across the private and public sectors. With taxes top of mind this year, several use cases have ...

The biggest obstacle to real-time B2B payments may be that the old system is not broken enough. That was one of the more practical takeaways from the PYMNTS Intelligence report “Ready ...

The Federal Reserve’s proposal to expand FedNow beyond its current domestic limitations arrives at a moment when demand for faster cross-border payments is colliding with the realities of compliance, correspondent ...

Watch more: Visa Direct With Visa’s Edward Galvin Three out of four healthcare payouts still go out by check. Only 5% to 12% move in real-time, according to the PYMNTS Intelligence report ...

B2B payments have gone real-time, and that’s made transaction speed table stakes for both buyers and suppliers. But all the speed in the world means nothing if the workflows and ...

Interchecks raised $50 million in a Series C funding round to expand its instant payments infrastructure that serves sportsbooks, FinTechs and financial institutions. The company will use the new funding to ...

For decades, accounts receivable has operated on the assumption that there would be time to fix mistakes after money moved. But as instant and near-instant payment capabilities become more common, ...

A collaboration between PYMNTS Intelligence and Visa Direct, “The Power of Now: Moving At The Speed Of Life: Why Real-Time Payments Matter For Healthcare Insurance Payouts,” examines why healthcare insurance ...

Instant payouts may be more than a faster way to move money. For banks, they could become a new front door for deposit growth. That is the larger opportunity inside “Banking ...

Gambling/prediction market-focused banking platform EDGE Markets has raised $29.2 million in new funding. CEO Seni Thomas shared the news of the company’s Series A round in an interview with CNBC Monday (June 8), while also announcing a ...

Watch more: Need to Know With Bank of America’s Irfan Ahmad For treasury executives, B2C payments have shifted from a settlement exercise to a customer experience opportunity. Consumers used to real-time commerce ...

For decades, wire payments operated largely behind the scenes, serving as the dependable infrastructure supporting high-value transactions across the financial system. Today, that infrastructure is being asked to do far ...

Backbase is integrating Mastercard’s money movement service Mastercard Move into its banking operating system (OS). This collaboration, announced Monday (June 8), is designed to help financial institutions adopt near real-time cross-border ...

Operational stability is a business goal. It is not a business strategy; merely the outcome of a successful one. And the latest PYMNTS Intelligence report, “Ready and Willing: B2B Payments Are ...

Bank of America plans to launch a new cross-border real-time payments tool later this year, according to a Thursday (June 4) press release provided to PYMNTS. The solution, which will roll ...

Financial institutions have long treated disbursements as back-office logistics. Move the money, book the revenue and support the commercial client. However, the PYMNTS Intelligence report “Banking Both Sides: Instant Payouts ...

Instant payments solutions company Payfina says it is now integrated with The Clearing House’s RTP network. The integration means Payfina can connect financial institutions (FIs) to the instant payment network through its Instant Payment Xchange ...

The modern payments economy can approve a transaction in seconds yet still leave recipients wondering where their money is days later. That disconnect is becoming one of the clearest operational pain ...

Flexible payments provider Klarna has launched a partnership with mobility platform Arrive. The collaboration, announced Thursday (May 28), lets drivers pay for parking with Klarna’s Pay in Full, which will be available in Arrive’s EasyPark app, ...

Watch more: What’s Next in Payments With Velera’s Cody Banks Legacy payments infrastructure has become one of the financial sector’s more complicated inheritances. It’s difficult to replace, expensive to maintain and still ...

United Texas Bank aims to become the bridge between the cryptocurrency industry and traditional financial institutions now that it secured approval from the Office of the Comptroller of the Currency ...

The first half of the year has been full of big themes, but the sharpest insights often came in the clearest sentences. Across PYMNTS Intelligence reports, executives and analysts described a ...

Europe’s instant payments agenda has crossed a threshold. The rails are largely in place. Now institutions face the harder task of rewiring everything around them. That’s the central finding of the ...

For years, the argument over Federal Reserve account access has largely centered on who gets in. The latest executive and regulatory moves suggest the next phase of the discussion may be ...

A decade into the crypto experiment, digital assets today still function primarily as an investment vehicle, not as money. The Federal Reserve’s May 2026 “Economic Well-Being of U.S. Households in 2025” ...

Broken systems don’t exist for long in corporate payments. But legacy, “good enough” processes do. Traditional payment rails like credit cards, checks, ACH transfers and wires continue to dominate corporate finance ...

Embedded payments infrastructure company NMI has acquired account-to-account (A2A) payment infrastructure provider Dwolla. The deal, announced Tuesday (May 19) combines NMI’s background payment acceptance, channel distribution, onboarding and merchant life cycle ...

A clear and consistent dispute resolution process is essential to building trust and promoting the growth of instant payments, according to two contributors to a report released Friday (May 15) ...

The Clearing House’s RTP network has recorded new single-day payment records. The records were set on May 1, when the network processes 2.27 million transactions worth $8.62 billion, The Clearing House ...

“Ready and Willing: B2B Payments Are Headed for Real-Time Rails. Here’s How They’re Getting There” is a collaboration between PYMNTS Intelligence and The Clearing House. Real-time payments are steadily moving from ...

Brazil’s central bank is reportedly facing budget and staffing strain amid a financial system boom. As Bloomberg News reported Tuesday (May 12), the regulator’s staffing levels have fallen by 42% in ...