Real-Time Payments

Real-Time Payments
92% of Healthcare Companies Plan to Embrace Real-Time Payments
August 09, 2023

FedNow is right now. And with the move into real-time payments, the stage is set for a continued embrace of faster transactions, modernizing trillion-dollar industries that have thus far been reliant on paper checks, paper invoices, and a host of inefficiencies in the mix. As...

Real-Time Payments
Pathward and Dash Solutions Debut Real-Time Payments Tool
August 02, 2023

Banking-as-a-service firm Pathward and payments company Dash Solutions are giving their partnership another five years. And with that extended partnership, the companies announced in a news release Wednesday (Aug. 2), comes a new tool: SpendIT SendIT, which lets consumer payees use or move their funds to other accounts they own....

Real-Time Payments
The Clearing House Expands Availability of Request for Payment
August 02, 2023

The Clearing House has expanded the availability of a capability that enables broker dealers, billers and suppliers to request a payment from customers and receive an instant payment in response. This Request for Payment (RfP) capability on the RTP network is now offered by several...

Real-Time Payments
Real-Time Payments Taking Hold From South Africa to Sweden
August 01, 2023

The real-time payments landscape is constantly changing. Growth in adoption and transaction volume has been measured across the continents. With the U.S. Federal Reserve’s launch of FedNow, this change seems likely to be a constant. South Korea, one of the countries this edition focuses on,...

Real-Time Payments
PYMNTS Intelligence: Comparing FedNow and the RTP® Network
July 28, 2023

The expectations of small to midsized businesses (SMBs) regarding payment service providers have never been higher, with owners and employees demanding the same payment speed and convenience they experience everywhere else in their digital lives. In the United States, the only widespread real-time option was...

Real-Time Payments
Payments Platform Form3 Wins FedNow Certification
July 27, 2023

Account-to-account payment platform Form3 says it is ready for FedNow. The company on Thursday (July 27) announced it was among the first in its industry to finish testing and certification for the Federal Reserve’s new instant payment system, which launched last week. “The launch of the FedNow Service marks...

Real-Time Payments
An Insider Explains FedNow’s Potential to Shake Up the Payments Scene
July 27, 2023

Christine Mayes, executive vice president at Corporate One Federal Credit Union, details how she believes the launch of FedNow will bring healthy competition to the real-time payments industry. — In many ways, FedNow is an extension of the winning formula that the RTP® network pioneered...

Real-Time Payments
Plaid Taps Cross River to Offer Real-Time Payments
July 27, 2023

Cross River Bank has expanded its partnership with Plaid to offer customers real-time payments. “Expanding our relationship with Plaid to power their real-time offerings is a significant milestone in our commitment to driving financial innovation, and ensuring faster, secure, and seamless payment experiences,” Adam Goller,...

Real-Time Payments
Moves Teams With Astra as Gig Workers Embrace Digital Banking
July 26, 2023

Gig worker-focused banking app Moves has teamed up with payment platform Astra. The partnership, announced Wednesday (July 26), offers Moves members real-time transfers via Astra’s connection to Visa Direct, Visa’s real-time push-to-card payments platform. “As the U.S. gig economy continues to grow, there is a critical need for financial solutions...