Disbursements

Moving money faster has compressed the time banks have to answer a more complicated question: How should this particular payment move? A transaction can arrive through online or mobile banking, an ...

Instant payments may look free to the person tapping “send,” but somebody must pay to keep the money moving around the clock. News surrounding India’s instant payments framework shows some of ...

A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used to check the payment and ...

Watch more: Government Disbursements Need to Move at the Speed of Need For a household waiting on food assistance or disaster relief, a payment that is somewhere between the government and ...

Corporate treasury technology has perennially been a visibility game. Banks, treasury management systems and FinTechs promised CFOs a better view of balances, payments, liquidity and forecasts. And the provider landscape ...

Money can move at 2 a.m. on Sunday. The systems needed to fund, convert, settle and account for that flow of funds may have another schedule. Three developments last week illustrate ...

Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS. The solution enabled Brazilian bank Bradesco ...

The cost of a delayed government payment does not end when the money finally arrives. Every status inquiry, phone call, payment trace and reissued check represents additional work for both constituents ...

The Federal Reserve is taking its instant payment system global. Federal Reserve Financial Services said Wednesday (Sept. 23) that the FedNow® Service will soon support cross-border transactions. The move is ...

The European Central Bank (ECB) will assess the feasibility of interlinking the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform with Brazil’s Pix instant payment system, the central bank said in ...

Millennials’ financial lives are shaping how they receive, spend and manage money, creating new opportunities for payment providers to make transactions faster and more useful. About 7 in 10 millennials have ...

The term “real time” is becoming to corporate finance what “AI-powered” became to enterprise software: Ubiquitous enough to sound meaningful, but elastic enough to mean almost anything. But real-time finance isn’t ...

Asia-Pacific’s real-time payment systems are moving beyond domestic transfers as countries look to connect national infrastructure across borders. The September 2026 PYMNTS Intelligence Real-Time Payments World Map, produced in collaboration with ...

Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account ...

Money can trade in seconds, yet investors may still wait days to receive it. That gap can make a fast digital platform feel surprisingly slow at the exact moment a ...

Real-time payments are giving banks another reason to confront technology they have spent years working around. The PYMNTS Intelligence report “From Adoption to Execution: How FIs Are Turning Real-Time Payments Into ...

The banking day is disappearing faster than the treasury operating model built around it. Citi on Thursday (Sept. 3) said it processed live U.S. dollar transactions with First Abu Dhabi Bank ...

Real-time payments in Asia-Pacific are entering a new phase. After years of building domestic instant payment rails, countries across the region are now connecting those systems across borders, expanding their ...

Consumers have been trained by the rest of the digital economy to expect money to move quickly. Instant deposits and real-time peer-to-peer payments have narrowed the gap between when a transaction ...

Watch more: Need to Know With Bank of America’s Narendra Kumar Parhi Cross-border payments in Asia-Pacific are being pulled toward the speed of the region’s domestic commerce, leaving companies in the ...

Watch more: What’s Next in Payments With WEX’s Ron Griswold The linear model of traditional business payments is breaking apart thanks to embedded payments, instant rails and artificial intelligence (AI). “Payments went ...

The biggest opportunity for chief financial officers (CFOs) isn’t adding another day to pay. It’s eliminating the uncertainty inside the days they already have. Today’s corporate working-capital playbook has become almost ...

The unexpected advantage of instant transactions for B2B firms is not faster payment but removing settlement float from payment terms. Real-time settlement does not merely accelerate money. It makes time negotiable, ...

Mexico is launching a campaign to steer citizens from cash to digital payments, the Financial Times reported Wednesday (Aug. 19). Part of the effort involves an attempt to rejuvenate Codi, a ...

Payments have spent years getting faster. Fraud detection has not always kept pace. New August research from PYMNTS Intelligence, in collaboration with Plaid, shows that 47% of firms surveyed can’t detect ...

The basic, traditional architecture of a business disbursement has historically contained an unusual gap. Companies can decide that money should move long before the recipient can use it. The economic ...

Watch more: Need to Know With Visa’s Michele Herron The new American shopper can tell an artificial intelligence platform precisely what she wants, compare the answer (even while standing in the ...

In a fragmented payments environment, how intelligently infrastructure decides what should happen to every transaction is becoming a key definition of payments performance and success. The August edition of PYMNTS Intelligence’s ...

Real-time payments company Sionic has launched its instant bank pay service through Microsoft Marketplace. With this integration, Sionic can offer real-time, bank-to-bank payments at the point of sale, the company said ...

Brazil’s central bank sounds more certain than in the past that it will link its instant payment system, Pix, to similar platforms in other countries, Reuters reported Monday (Aug. 10). The ...

Faster payments can feel like a victory lap until fraud reaches the finish line first. Businesses want money to move in seconds, but their defenses often need far more time ...

Instant payments are no longer simply a payments product. They are becoming commercial banking infrastructure. That’s the case for financial institutions and their clients who are savvy to what real-time infrastructure ...

Watch more: Visa Direct With Visa’s Curtis Webb The card infrastructure to pay constituents is already in place. The banks are ready. Your debit card is ready. Consider the irony. Someone can ...

Watch more: Need to Know With The Clearing House’s Cheryl Gurz After eight years of industry outreach and infrastructure investment, instant payments are becoming familiar enough that businesses increasingly understand the ...

A collaboration between PYMNTS Intelligence and Visa Direct, “Moving Money at the Speed of Life: Same Payout, Different Experience With Government Disbursements,” examines how U.S. recipients experience government disbursements and ...

Dead people don’t spend much, but the federal government nearly sent them tens of millions of dollars anyway. The U.S. Treasury Department said Tuesday (July 21) that its government-wide verification process ...

DoorDash’s banking product for delivery drivers, DoorDash Crimson, now includes instant deposits powered by Astra’s Payment Cloud. With this capability, DoorDash delivery drivers can use Visa Direct and Mastercard Send to add funds from external accounts in real ...

Businesses that use real-time payments tend to see more value than businesses still deciding whether they need them at all. The divide emerged from the PYMNTS Intelligence report “The Real-Time Perception ...

Brazil’s Pix instant payment system is widely popular in the country. However, the system’s model, run by Brazil’s central bank, has begun appealing to several other countries, leading to tensions between ...

The United States does not lack instant payment rails. It lacks a simple, universal front door to them. That is the larger significance of X9.150, a new American national standard for ...

People in Brazil seem to love the Pix instant payment system. The U.S. government is a different story. Last year, the U.S. Trade Representative (USTR) launched a probe into what it called ...

Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses would no longer wait for ...

Business clients don’t want to hear that the payment is “in process.” They want to know that the money was moved, the supplier was paid and the bank can prove ...

Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks, and reaches over half of ...

Government payments rarely get discussed as financial infrastructure. They’re usually treated as administrative outputs. Benefits are approved, refunds are issued and claims are processed. For millions of households, however, the ...