Faster Payments

Faster Payments
Citi Debuts SEPA Instant Payments in Europe
May 04, 2022

Citi unveiled Single Euro Payments Area (SEPA) Instant Payments in Europe, the latest of its instant payments offerings, according to a company press release on Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Faster Payments
What is a Money Mobility Network?
May 03, 2022

A Money Mobility network connects accounts, payment methods and third-party platforms to make the flow of money more secure, efficient and intuitive for account holders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Faster Payments
The Clearing House Offers Tokenization to Boost Financial Security
May 02, 2022

The Clearing House says it plans to boost security and better protect customers from cyber hacks and fraud via tokenization, according to a company press release Monday (May 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Faster Payments
Federal Reserve Onboards First Participants in FedNow Pilot, Including Square
May 02, 2022

The Federal Reserve has started onboarding the first participants to the FedNow Service pilot program, beginning the instant payment service’s initial testing phase, according to a Monday (May 2) press release emailed to PYMNTS. FedNow is on track to roll out next year. Get the...

Faster Payments
Cross-Border Real-Time Payments Pilot Launched by EBA, SWIFT, TCH
April 28, 2022

A pilot program for immediate cross-border (IXB) payments is being launched by EBA CLEARING, SWIFT and The Clearing House (TCH), garnering banking support from the U.S., the U.K. and western Europe, according to a press release emailed to PYMNTS on Thursday (April 28). Get the...

Faster Payments
US Bank Crafts Real-Time Payment Collaboration With Apex FinTech Solutions
April 21, 2022

U.S. Bank on Thursday (April 21) launched a real-time payment collaboration with Apex Fintech Solutions that offers greater speed and security to money movement between investors and brokers, according to a joint press release. Get the Full Story Complete the form to unlock this article...

Faster Payments
PayPal, Venmo to Change Instant Transfer Fees
April 21, 2022

PayPal has announced plans to change the fees related to its Instant Transfer offerings for U.S. consumers and merchants on PayPal and Venmo, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Faster Payments
Hong Kong’s Faster Payment System Exceeds 10M Registrations
April 19, 2022

There are now more than 10 million users registered for the Hong Kong Monetary Authority’s (HKMA’s) Faster Payment System (FPS), the digital platform that launched in September 2018, according to a South China Morning Post report Tuesday (April 19). Get the Full Story Complete the...

Faster Payments
PYMNTS Intelligence: How Automated Bill Pay Can Help FIs, Billers Foster Customer Growth
April 12, 2022

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 Today. By completing this form, you agree to receive marketing communications from PYMNTS and...