Transcard has launched a solution that enables property managers to more quickly refund security deposits. The global payment solutions provider said in a Monday (Dec. 5) press release that its new Smart Disburse Multi-Party Payments also allows lessees to choose the method of payment. “As...
Instant payments are increasingly what move the needle for sports bettors. The global sports betting industry is widely projected to deliver outsized growth in the coming years as digital transformation serves as the industry’s primary accelerant and consumers spend more time on their phones and...
Finance and IT platform Kyriba and J.P. Morgan Payments have launched a real-time treasury solution. Offered to the companies’ mutual clients through a new application programming interface (API), the solution provides RTP network payments, payments status and bank reporting, the companies said Tuesday (Nov. 29)...
Companies are looking for ways to attract and retain employees and are finding that early wage access is an offering that will help them do so. As a result, the banks that serve these business clients are adding that feature to the range of tools...
The FedNow Service instant payments system is slated to launch next year — a culmination of an effort stretching out more than three-and-a-half years, a pilot program with more than 100 participants and the development and testing of multiple product features, functions and use cases....
Three transformations will shape the trajectory of the global payments infrastructure business over the next three years, ACI Worldwide Chief Product Officer Debbie Guerra told PYMNTS. First and foremost is the transition to real-time payments, as FedNow looms for a May 2023 launch. Real-time payments,...
Equals Group is set to acquire Roqqet in a deal subject to regulatory approval. In a press release announcing the acquisition Monday (Nov. 28), the U.K.-based FinTech Equals said the purchase of the open banking payments firm will enable it to offer its merchant customers...
Faster payments take center stage this coming year, as FedNow, the U.S.-based instant payments network, gets up and running. But as Wells Fargo Head of Enterprise Payments Strategy Ulrike Guigui recounted to PYMNTS’ Karen Webster, instant payments have been around since before the pandemic. And...
As treasury departments around the world look ahead to 2023, the words on most lips are “real time.” On the one hand, new rails that enable real-time payments, from payroll to business-to-business (B2B) transactions, are already having a transformative effect on businesses and are expected...
