Real-Time Payments

Real-Time Payments
40% of Firms See Security, Not Just Speed, as Real-Time Payments Plus
November 22, 2023

The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65% of all demand deposit accounts in the country. Experts predict that the transaction volume for real-time payments in the U.S....

Real-Time Payments
CaptivateIQ Introduces Real-Time Commission Platform for Enterprises
November 14, 2023

CaptivateIQ has unveiled its real-time commission platform built specifically for enterprise scale. The new SmartGrid brings both speed and scale to enterprise commissions by managing, modeling and calculating them at a scale of up to 50 million records of data per sync and a speed of 12 seconds...

Real-Time Payments
Yedpay and Mastercard Introduce ‘One Touch’ Payment Solution
November 10, 2023

Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow.  Through their collaboration, they aim to use “One Touch” payment technology to optimize the sequence of cash flow from collection to payment to settlement for...

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. And as ISO 20022, the data-rich messaging standard, moves through a staggered implementation schedule across the global stage, Laura Sullivan, senior product manager at Form3, said Fedwire is poised for its own transformation....

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

Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience and efficiency, real-time payments, also known as instant payments, have become the modern benchmark for financial transactions. Real-time payments are...

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. During a conference call with analysts, CEO Thomas Warsop noted that...

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. Since then, about 100 banks have signed on — a start, to be sure — but only a sliver, given...

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. As noted in a recent study conducted by PYMNTS Intelligence, “Generation Instant: Gamers and Winnings,” reveals that gaming companies...

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.  This collaboration will add the FedNow® Service, The Clearing House’s RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s Vault Payments, a cloud-native and application programming interface (API)-enabled...