The Federal Reserve is readying its FedNow payments system for launch next year, a move supporters say will make near-instant payments widely available. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Despite well-known fears, businesses that actually use real-time payments experience fraud 25% less often than those companies that use other methods to move money to end user accounts. Modern Treasury’s Chief Growth Officer Rachel Pike tells PYMNTS how implementing real-time payments can maximize cash flow...
Money movement automation platform Astra is using Visa Direct, Visa’s real-time payments service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Middle-market companies (those with sales from $20 million to $1 billion) have been relatively slow to adopt real-time payment (RTP) technologies, even though they recognize and value the advantages. Their greatest concern about the method of payment is the biggest hurdle to adoption. Yet “Accelerating...
2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and deputy head of product management for the FedNow SM Service Program, told PYMNTS in a recent interview. Get the Full...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Independent workers experience a greater degree of unpredictability than traditional employees due to the nature of gig economy jobs, making predictability in areas such as payment frequency all the more important. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The RTP® network raised the bar for real-time payments with its $1 million transaction limit. In the "Real-Time Payments Tracker®," Corporate One Federal Credit Union CEO Melissa Ashley tells PYMNTS about other ways the limit increase is changing the game, from housing to cars to...
