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,...
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...
Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. 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...
The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Overpayment disbursements — rebates, rewards, refunds, etc. — may not come to mind when considering a consumers’ overall cash flow, but, when these overpayments are issued, consumers want them quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In recent years, instant, P2P payments have seen a surge in adoption, emerging as a popular method for consumers to receive funds and make personal transactions and purchases. At the same time, smaller businesses have gravitated toward instant payments because they appreciate the speed, convenience...
Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. 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...
Life as a freelancer is not for the faint of heart. Freelancing often requires constant hustling, as these workers generally look for new projects even before current projects are completed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary method to send funds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...