Faster Payments

Faster Payments
68% of Businesses Plan to Add Instant Payments Within 2 Years
September 09, 2024

Instant payments have captivated businesses and consumers with the promise of a more agile financial ecosystem. 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...

Faster Payments
70% of US Consumers Feel Stressed About Personal Finances
September 06, 2024

In today’s competitive job market, traditional benefits like retirement plans and paid time off are falling short as workers demand immediate access to their earnings. Rising financial pressures and living costs are driving this shift, pushing employers to adapt or risk losing top talent. Get...

Faster Payments
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Faster Payments
Swiss National Bank and SIX Launch New Instant Payments Solution
August 21, 2024

The Swiss National Bank and SIX Interbank Clearing have launched a new instant payments solution in Switzerland. 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,...

Faster Payments
Modern Treasury Expands Instant Payments Support to Mutual Customers at 6 Big Banks
August 14, 2024

Modern Treasury has expanded instant payments support for mutual clients of six top banks. 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....

Faster Payments
Citi: Faster Payments Help Treasurers Extract ‘Last Drop’ of Liquidity From Financial Ecosystems
August 13, 2024

Corporate treasurers once were relegated to the back office, manipulating spreadsheets, preparing audits, handing printed reports off to more senior management — the folks charting the company’s course ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Property Management Report Shows Over Half of Tenants Pay Rent Online
August 09, 2024

In the expansive rental market, where more than 34% of Americans make monthly payments, traditional methods like paper checks and wire transfers are proving inefficient. Despite billions flowing from tenants to landlords, outdated payment systems cause delays and frustration. Get the Full Story Complete the...

Faster Payments
Galileo Says Wire Transfers Go Big and Go Digital With New APIs
August 07, 2024

If you were looking for another reason to appreciate core banking infrastructure, here it is. 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,...

Faster Payments
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock of the July 2023 launch of the central bank’s instant payment rail, Jill Capicchioni, product director of payments at NCR...