Faster Payments

Faster Payments
Why 2021 Will Be Real-Time Payments Break-Out Year
October 16, 2020

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Only if, he says, there’s better alignment between the bank bill-pay model and the biller-direct...

Faster Payments
How Banks Can Help Small Businesses Close Their Cash Flow Gaps
October 15, 2020

For businesses, cash flow is, was and always will be king when it comes to priorities. 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...

Faster Payments
Payments Provider Contis Teams With UK FinTech Ordo On Real-Time Payments
October 14, 2020

European payments provider Contis is partnering with U.K.-based FinTech Ordo to help speed up bank transfers for businesses, simplify loan repayments and more, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Faster Payments
FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition
October 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
Alacriti, The Clearing House Team To Push Real-Time Payments Adoption
October 06, 2020

A 17-year-old FinTech is teaming up with The Clearing House, one of oldest players in the U.S. financial industry that was founded before the Civil War, to drive adoption of real-time payments across the banking industry. Get the Full Story Complete the form to unlock...

Faster Payments
FIS, The Clearing House Partner To Connect Small, Mid-Sized Banks, CUs To RTP
September 23, 2020

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Why It Will Take Time For Real Time Payments To Truly Kill The Check
September 11, 2020

The remarkable persistence of the physical check is something almost miraculous to behold in the world of payments. 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...

Faster Payments
RTP Network Reaches 56 Pct Of US Checking Account Holders
September 10, 2020

The operator of a U.S.-based payments clearing network that settles more than $2 trillion daily, reported in a press release that banks that hold 70 percent of the nation’s checking accounts now have access to real-time payments. Get the Full Story Complete the form to...

Faster Payments
Hitting The Gas On Real-Time Payments Adoption
September 09, 2020

The year 2020 has been an unexpected one, to say the least — not least of all for the payments ecosystem. This year was supposed to be a tipping point for real-time payments adoption in the U.S., yet progress hasn’t been as advanced as many...