Faster Payments

Faster Payments
Thousands Complain to BBB About Slow Payments From Sports-Betting Apps
November 13, 2022

Consumers have filed roughly 2,400 complaints against the three largest U.S. sports betting operators in the last three years, citing delays or glitches in withdrawing winnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Faster Payments
FedNow Says 2023 Fee Schedule Includes Discount on Credit Transfer Rate
November 10, 2022

The Federal Reserve has announced pricing for the FedNow Service, its instant payments system that is to be launched in the middle of 2023.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Faster Payments
Procore Introduces Tool to Speed Up Slow Construction Payments
November 08, 2022

Construction management software provider Procore has launched a tool it says will help solve a perennial problem in its industry: slow payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Faster Payments
Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’
November 03, 2022

The term “central bank” brings to mind thoughts of stability, resilience and trust, all things that have been part of the Federal Reserve’s DNA for more than a century. Many people are less aware that the payment systems operated by the Fed facilitate the electronic...

Faster Payments
Revolut Debuts In-App Messaging Service
November 02, 2022

Revolut announced the launch of a new in-app chat feature on Wednesday (Nov. 2) that allows users to send messages to one another. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
TCH Sees ‘Mindset Shift’ Driving Integrated Instant Payments Gains
October 28, 2022

As much as COVID-19 gave digital tech and payments a boost, many industry experts think the next three years may hold similarly grand advancements, particularly when it comes to faster payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
New EU Instant Payment Rules to Bolster Mainstream Open Banking Adoption
October 26, 2022

The European Commission (EC) published a draft proposal on Wednesday (Oct. 26) intended to force banks and payment service providers (PSPs) to offer 24/7 instant euro payment services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Faster Payments
Veem Rolls Out Real-Time Payment Tool for SMBs
October 25, 2022

Veem has launched a real-time payment tool for small- to medium-sized businesses (SMBs) in more than 100 countries. 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...

Faster Payments
Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’
October 13, 2022

As real-time payments networks operate across the globe — FedNow in the U.S. and Faster Payments in the U.K., to name just two examples — those systems still need to communicate with one another as payments cross borders. Data needs to flow, in real time,...