Faster Payments Archives

FASTER PAYMENTS

archives
DECEMBER 2018

43.2M

total number of Same Day ACH payments made in Q3 2018

NOVEMBER 2018

64%

share of treasury professionals worldwide using same-day or immediate payment solutions

OCTOBER 2018

$255B

expected value of faster payments in the U.S. by the $255B end of 2018

SEPTEMBER 2018

100M

Total number of Zelle transactions processed in Q2 2018

AUGUST 2018

10,000

Average number of instant payments 10,000 made in Europe per day

JULY 2018

$25B

Value of P2P payments processed on the Zelle network in Q1 2018

JUNE 2018

52%

portion of U.K. corporate finance professionals who have used the Faster Payments 52% scheme for B2B payments

MAY 2018

80%

percentage of surveyed billing organizations, FIs and merchants that expect real-time payments will bring cost saving

MARCH 2018

59%

portion of corporations that plan to increase Same-Day ACH credit usage in 2018.

APRIL 2018

25%

share of European payment service providers registered as SCT Inst scheme participants

February 2018

66%

percentage of American financial institutions that make same-day ACH funds available by 5 p.m.

JANUARY 2018

18

number of geographic markets now offering real-time payments.

DECEMBER 2017

66%

portion of FIs that make Same Day ACH funds available by 5 p.m. local time.

NOVEMBER 2017

81%

of U.S. consumers have not heard about
The Clearing House real-time payments scheme
scheduled to launch later this year.

OCTOBER 2017

771

number of institutions
offering P2P services,
a 100 percent growth
over last year.

SEPTEMBER 2017

90%

of surveyed suppliers who say getting paid faster is the top priority when issuing invoices.

AUGUST 2017

90 MINS

amount of time it takes Same Day ACH to clear settle in Holland.

july 2017

86M

mobile banking customers in the U.S. use P2P service million Zelle.

june 2017

40%

growth expected for global P2P mobile payments by end of 2017 (valued at $540 billion).

May 2017

$25B

ACH volume grows to over 25 billion payments, valued at $43 trillion in 2016.

MARCH 2017

90%

NACHA survey: 90 percent banks report higher Same Day ACH origination volume as higher than or on par with expectations.

APRIL 2017

60%

of surveyed corporations said lack of standardization across formats between banks is among their top concerns.

FEBRUARY 2017

$17B

Same Day ACH transactions generate credit transactions valued at $17 billion in first 3 months.

January 2017

5.8B

Wyre raises 5.8 billion in funding.

december 2016

90%

A recent survey found 90 percent of commercial banks considering blockchain technology for payments.

november 2016

15%

Survey shows 15 percent of banks could be running blockchain solutions in 2017.

OCTOBER 2016

90%

New Fiserv tool detects more than 90 percent of fraud.

SEPTEMBER 2016

P2P

Early Warning Partners with Fiserv, Mastercard & Visa on P2P Payments.

AUGUST 2016

$60M

Circle receives $60 million in funding from IDK-led group.

JULY 2016

55%

of financial executives expect blockchain to be an important technology in 10 years.

JUNE 2016

82%

of American workers are being paid through Direct Deposit via ACH.

MAY 2016

95%

of top U.S. financial institutions responding to recent NACHA survey intend to offer same-day B2B payments.

APRIL 2016

12%

rise in the ACH Debit C2B bill payment transactions in the U.S. from 2009 to 2014.

MARCH 2016

8B

the number of B2B checks written in the U.S. annually, at a cost of $100 billion.

FEBRUARY 2016

96%

of Americans receive their paycheck via direct deposit.

JANUARY 2016

29B

payments that could potentially move to real-time delivery.

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