Real-Time Payments

Real-Time Payments
Fedwire Will Get Boost From ISO 20022 and Data-Rich Messaging
November 07, 2023

The Fedwire service continues to gain adherents and promises to transform 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 our daily newsletter, PYMNTS Today. By...

Real-Time Payments
US Real-Time Payments Transactions Expected to Quadruple by 2027
November 07, 2023

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...

Real-Time Payments
ACI Worldwide’s Banking Revenues Gain 42% as Company Sees Accelerating SaaS Demand
November 02, 2023

ACI Worldwide’s third-quarter earnings results released Thursday (Nov. 2) showed a boost to the top line, underpinned by its bank segment as financial institutions seek to modernize their operations and ready for real-time payments. Get the Full Story Complete the form to unlock this article...

Real-Time Payments
J.P. Morgan Payments: ‘Network-Agnostic’ Approach Helps Bring Real-Time Payments to the Masses
October 26, 2023

Three months ago, the FedNow® Service launched to much fanfare, heralding the second real-time payments network now live and fully operational in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Real-Time Payments
From Gaming to Hospitality, Firms Miss Out on Instant Payout Monetization Opportunity
October 24, 2023

Recent studies conducted by PYMNTS Intelligence have unveiled a significant opportunity that gaming and hospitality companies are missing out on — the chance to monetize instant payouts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Real-Time Payments
Thought Machine and Form3 Partner on Real-Time Payment Processing 
October 23, 2023

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Real-Time Payments
Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
October 23, 2023

The July launch of the FedNow® Service — and the fact that The Clearing House’s RTP® network has been operational for six years — underscores the need for banks to examine their legacy payments architecture, Form3 U.S. CEO Dave Scola told PYMNTS. Get the Full...

Real-Time Payments
The Clearing House CEO: ‘It’s All About Growing the Real-Time Payments Pie, Not Fighting Over...
October 16, 2023

Now in his eighth month as CEO of The Clearing House, David Watson noted to PYMNTS CEO Karen Webster that there’s significant promise — and a long road ahead — for real-time payments in the United States. Get the Full Story Complete the form to...

Real-Time Payments
95% of Payouts to Bank Accounts Don’t Happen in Real Time
October 13, 2023

The rise of open banking is evolving banks as we know it. Instead of traditional banks keeping consumer financial data solely within their closed systems, banks and third-party service providers can now share it through application programming interfaces (APIs). When it comes to consumer payouts,...