Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of desirable traits. Get the Full Story Complete the form to unlock this article and enjoy...
What if a business could move millions of dollars instantly — just like sending a text message? That’s exactly what’s happening as real-time payments expand. The Clearing House’s RTP® network in February processed a $10 million real-time transaction, the largest instant payment in the United...
Real-time payments are changing the global financial landscape, creating a new standard for transaction speed, efficiency and convenience. 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...
To quote The Bard, or more specifically, Hamlet: “The readiness is all.” 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...
The Clearing House said it transmitted the largest instant payment in United States history. 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...
For banks still on the fence about real-time payments, here’s a reality check: Not offering instant payments doesn’t just mean losing potential new customers — it could mean losing existing ones. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
What if sending money internationally was as fast and seamless as sending a text message? That future is already here. Financial ecosystems worldwide are shifting to real-time payments, creating faster, safer and more efficient transactions for businesses and consumers. Get the Full Story Complete the...
It took the RTP® network more than five years to surpass 500 million instant 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,...
Instant payments have the potential to transform financial transactions, but gaps remain in adoption across financial institutions (FIs). Nearly all large FIs are connected to these instant rails, such as the RTP® network and FedNow®. Smaller FIs, meanwhile, struggle to keep pace. This gap could...