Real-Time Payments

Real-Time Payments
FedNow’s Future and What the Triple Clock Theory Says About It
July 17, 2023

Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to two. The first real-time rail to go live was RTP®, operated by The Clearing House,...

Real-Time Payments
What All Banks Can Learn From Bank of England’s June 2023 ISO 20022 Migration
July 17, 2023

When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Real-Time Payments
Card Networks Become Hubs for FinTech Payments Modernization Efforts
July 12, 2023

FinTechs and venture capitalists recognize the pain points inherent in payments — and are investing the time and money needed to modernize infrastructure around existing rails and create new paths for money movement and acceptance of new payment methods. Get the Full Story Complete the...

Real-Time Payments
FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
July 11, 2023

Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use of real-time payments for inbound transactions, citing speed as the driving factor. Get the Full Story Complete the form to...

Real-Time Payments
SumUp Selects Form3 for Access to UK Faster Payments Scheme
July 07, 2023

SumUp has partnered with Form3 to enhance its business account offering for United Kingdom customers. 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
From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
July 05, 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
84% of Real Estate Firms Would Replace Checks With Real-Time Payments
June 29, 2023

Major real estate firms are just about ready to replace time-consuming, old-fashioned methods of sending and receiving money with real-time payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Real-Time Payments
Federal Reserve Reports 57 ‘Early Adopters’ Certified for FedNow Service
June 29, 2023

There will be organizations ready to send and receive transactions when the FedNow Service launches. 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,...

Real-Time Payments
FedNow’s Success Hinges on Getting Enough Banks to Connect — and Use It
June 28, 2023

As the world becomes increasingly digital, the idea of instant gratification has become the norm. From streaming movies to ordering groceries, consumers expect everything to be available at their fingertips 24/7. The payments industry is no exception to this trend, with instant payment solutions poised...