Faster Payments

Faster Payments
FIS Debuts Money Movement Hub to Ease Payment Friction
May 01, 2025

FIS debuted a tool to help financial institutions link to payment networks and process payments in one place. 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
Small Businesses Turn to Instant Payments as Ad Hoc Transactions Surge
April 24, 2025

Cash is king, and cash flow rules the day, especially for small businesses that might not have the wherewithal to weather macroeconomic shocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
Nacha: Same Day ACH Value Leaps 25% YoY in First Quarter
April 23, 2025

Same Day ACH saw double-digit increases in both volume and value during the first quarter as the payment method continued to gain acceptance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
Corporates Pressure Banks to Accelerate Instant Payments Adoption
April 21, 2025

Tariffs are here, inflation is sticky, and supply chains and vendor relationships are in flux. 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
Executive Order on Checks Targets $175 Billion in Government Disbursements
March 26, 2025

The size and scope of paper checks sent in the service of government benefits and payments is staggering — even if those transactions are a relatively slight sliver of overall disbursements. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
FIS Earns Certification to Enable Send Capabilities in FedNow Service
February 04, 2025

FinTech company FIS said Tuesday (Feb. 4) that it is now certified to enable send capabilities for credit transfers in the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Faster Payments
88% of Firms Say They Benefit From Faster Payments
January 17, 2025

Late payments are a common issue for businesses, especially small- to medium-sized businesses (SMBs) struggling with cash flow. 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
Business Payments Push The Clearing House and RTP® to Faster Payments Tipping Point
January 08, 2025

Eight years after launching the RTP® instant payments network, The Clearing House logged a stellar 2024. Early Wednesday (Jan. 8), the consortium announced that more than $246 billion moved over the RTP network in 2024, up 94% from 2023. Transaction volume was up 38% to...

Faster Payments
Visa Direct to Enable Delivery of Money in US Within 1 Minute Starting in April
December 12, 2024

Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...