PNC has become the latest financial institution to join the FedNow® 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. By completing this...
Watch more: Live Roundtable: AWS and FedNow, Nilesh Dusane and Dan Anthony 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...
Consumers and businesses increasingly expect to send and receive money immediately. The latest evidence: The Clearing House (TCH) said Thursday that its Real-Time Payments network, the nation’s largest instant payments system, set a new single-day record on Oct. 3, processing more than 1.8 million transactions...
The Federal Reserve is closing the gap between business hours and real-time money movement. It will just take a while to get it done. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Small business owners often see instant payments as the fix for sluggish cash flow. 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...
Trustly has launched a partnership with Acres Manufacturing centered on the gambling industry. 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....
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Labor shortages, high turnover and shifting consumer habits are reshaping the restaurant industry, and payments are at the center of the transformation. What was once a perk—same-day pay, instant tips and real-time supplier payments—is quickly becoming a survival tool. For operators managing lean budgets and...
Financial institutions that are looking to implement instant payments send capabilities must consider liquidity management, reconciliation processes, fraud mitigation, compliance and other critical factors, the U.S. Faster Payments Council said in a newly published industry resource. Get the Full Story Complete the form to unlock...