Real-Time Payments

  • FPC Chooses Industry Expert Kimberly Ford As Exec Director

    June 20, 2019 FPC Chooses Industry Expert Kimberly Ford As Exec DirectorThe U.S. Faster Payments Council (FPC) has chosen industry expert Kimberly Ford as the organization’s first executive director. Ford, who used to work with the First Data Corporation, will start ...
  • How Corporates Are Driving US RTP Adoption

    June 18, 2019 faster paymentsAdoption of real-time payments in the U.S. has been slow, particularly compared to other markets like the U.K. The assumption, of course, is that faster payment functionality only has a ...
  • P2P Payments Set The Stage For B2B RTP

    June 18, 2019 Are B2B payments ready for real-time speed? Bottomline Technologies’ Vice President of Product Management and Strategic Solutions Jessica Cheney explains how Zelle and P2P have helped set the stage for ...
  • Bottomline Teams With Starling Bank On Real-Time Payments

    June 17, 2019 BottomlineIn a new partnership, Bottomline Technologies is teaming up with Starling Bank on a Real Time Payments Express Service. The offering will enable corporates and banks to send and receive ...
  • Diving Into The ‘Check-Replacement Cycle’

    June 13, 2019 As much as 80 percent of firms still rely on paper checks. Only 3 percent of firms meet demands for B2C payments. Fiserv VP of Digital Payments and Data Aggregation Paul ...
  • The Public Sector Takes The Lead On eProcurement

    June 10, 2019 Periscope Talks Public Sector ProcurementGovernment procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. The New ...
  • The Case For Freeing Up $190B In Security Deposits

    June 7, 2019 Why Rhino Wants To Remove Cash From RentalsFor most renters, coughing up a cash-based security deposit means parting ways with that money for the duration of the lease. Now, there’s a movement to replace cash deposits with ...
  • Helping Money Make The World Go ‘Round

    June 6, 2019 Helping Money Make The World Go ‘RoundMoney, as the song goes, makes the world go ‘round – and these days, there is a lot of money going all around the world. The question, for an increasing ...
  • The eCase For Liberating $190B In Rental Security Deposits

    June 6, 2019 Around the world, banks and FinTech firms are addressing challenges associated with enabling fund disbursements in real time — and some markets are developing real-time networks faster than others. In the ...
  • The Evolving Terrain Of Fighting Fraud

    June 5, 2019 The Evolving Terrain Of Fighting FraudIntro: Consumers undeniably want all of their transactions faster – and there is a penalty to be paid for making them wait. But fast is no substitute for safe, which ...
  • Visa, Western Union Team To Speed Global Payments

    June 5, 2019 Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of push payments at Visa, tells ...
  • PayFi Teams With The Clearing House For Real-Time Payments Platform

    June 4, 2019 PayFi, TCH Team For Real-Time Payments PlatformPayment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We are in ...
  • Uber And Lyft Drivers Could Gain Access To Digital Ad Revenue

    June 3, 2019 Uber, Lyft Drivers' Access To Digital Ad RevenueSay hello to the marriage of digital advertising and ride-hailing – and, it seems, more potential for a bigger payday for those gig workers who provide that form of transportation. A ...
  • Promoting Faster Payments In The Face Of Trade Uncertainty

    May 30, 2019 TransferMate Launches B2B Cross-Border Payments ToolFinancial institutions (FIs) and service providers are promoting offerings for rapid, cross-border transactions in the face of trade uncertainties. On another note, over half of all Americans subscribe to entertainment or digital news ...
  • Deep Dive: Real-time Payments’ Impact On Liquidity Management

    May 30, 2019 The proliferation of real-time payments around the globe has had serious implications on liquidity management. Maintaining a safe level of working capital is critical for banks and corporates, which need ...
  • In Europe, Banks Trial SWIFT Instant gpi Payments

    May 30, 2019 A group of banks in Europe said they are trialing SWIFT instant gpi cross-border payments. Elsewhere, Square has launched a payment processing service for CBD firms.
  • Visa CEO Throws Shade On Real-Time Payments

    May 30, 2019 There’s a need for speed in payments, supposedly — but how much speed is enough? Bloomberg reported on Wednesday (May 29) that Visa CEO Alfred Kelly seemed unfazed by the move ...
  • To Limit Or Not To Limit? The Instant Earned-Wage Access Debate

    May 29, 2019 The looming specter of Brexit, and the trade war between the U.S. and China, are sending ripple effects well beyond these countries’ borders, impacting many other areas of the global ...
  • In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances

    May 28, 2019 FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments gets a boost in the ...
  • 12 Payments Execs On How To Make Instant Pay

    May 28, 2019 Instant gratification isn’t instant enough for modern consumers. Gig, public utility and eCommerce companies are all focusing on payment innovations to remain competitive in increasingly saturated markets, experimenting with new ...
  • Instant Payments, Unicorns And Food Fights Top Week’s News

    May 24, 2019 Looking forward to the holiday weekend? So are we — but not before we give you a chance to catch up on the important payments and commerce news you might ...
  • Kyriba Loops Treasurers Into Real-Time Payments

    May 24, 2019 Kyriba Loops Treasurers Into Real-Time PaymentsTreasury management technology firm Kyriba is connecting its corporate clients to real-time payments via a JPMorgan API. In a press release issued this week, Kyriba said joint customers of Kyriba and ...
  • Citi: Why And How To Bring More Collaboration To Payments

    May 22, 2019 There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to the concept of working together for the greater ...
  • Real-Time Payments Fraud: An FI Infrastructure Issue

    May 22, 2019 As the need for speed increases worldwide, banks and other financial players are adapting payments to work smarter — not harder. Faced with a growing number of transactions to process ...
  • European Banks Trial SWIFT’s Instant gpi

    May 21, 2019 SWIFT announced Tuesday (May 21) that a group of banks are trialing instant gpi cross-border payments in Europe via the TARGET Instant Payments Settlement platform. In a press release, SWIFT said ...
  • What Will It Take To Hit The Instant Payments Tipping Point?

    May 21, 2019 Instant payments is an innovation that doesn’t require much explanation. Getting immediate access to money is an obviously better solution than waiting for the check to arrive in the mail, or constantly refreshing a mobile banking app to see if ...
  • ACH Logs 9 Pct B2B Payments Growth In Q1

    May 16, 2019 Amid the movement from paper processes and checks to electronic means of getting funds where they need to go, the ACH Network reported mid- to high-single-digit payment growth in the ...
  • Deutsche Bank Taps Malaysian Instant Credit Clearing System

    May 14, 2019 Deutsche Bank Taps Malaysia's DuitNow SystemDeutsche Bank announced on Tuesday (May 14) that it is tapping Malaysia‘s instant credit clearing system, DuitNow, to process payments for corporate clients. In a press release, Deutsche Bank said the ...
  • Real-Time Payments, Mastercard And Visa Deals Dominate This Week’s News

    May 10, 2019 At the end of another busy week, it can pay to look back at some of the biggest recent news in payments and commerce. And this week was a meaty ...
  • Balancing Secure And Seamless Commerce

    May 8, 2019 Balancing Secure And Seamless CommerceThat customers want everything faster is a fact of life in the digital economy. From the amount of time it takes to complete a purchase online, to how fast goods ...
  • NACHA, FPC Team For Faster Payments Playbook

    May 8, 2019 NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Playbook is an educational and online decisioning platform that ...
  • Citi Treasury Eyes Verification Tech To Support Faster Payments

    May 7, 2019 Citi Treasury Eyes Verification Tech To Support Faster PaymentsCiti’s Treasury and Trade Solutions (TTS) is rolling out a new identity and account verification solution for corporate treasurer clients. In a press release on Tuesday (May 7), Citi announced the ...
  • Great Expectations, Challenging Executions

    May 7, 2019 Great Expectations, Challenging ExecutionsThere is no shortage of bold claims on offer in payments and commerce. The last big news was that Facebook is building its own payments rails with Project Libra (a ...
  • Enabling A World Of Faster Disbursements

    May 6, 2019 Enabling A World Of Faster DisbursementsInstant payments are catching on with workers and business owners as traditional practices become retired. In technology, financial institutions (FIs) and corporates are tapping into application program interfaces (APIs) to ...
  • Digitizing Servers’ Daily Tips

    May 6, 2019 restaurant checkWith 90 percent of diners at full-service restaurants paying with cards, cash ends up in short supply when waitstaff want to cash out at shift’s end. For a tip-dependent workforce, ...
  • Deep Dive: The Risk-Reducing Case For Push Payments

    May 6, 2019 The following Deep Dive explores what’s driving interest in push payments, and where the technology may smooth out and secure consumer payments, B2B supplier transactions and B2C loans and payroll.
  • Mastercard: Transactis Buy Speeds Bill Pay’s Digitization

    May 6, 2019 Forty-four percent of the 15 billion bills in the U.S. are paid with cash or check — archaic methods in a mobile world. Mastercard is buying Transactis as it readies ...
  • Is Real-Time Payments A Threat To Credit Cards?

    May 6, 2019 Faster, faster, faster — that’s the motto driving so much of payments innovation today. Real-time payments offers promise for both small and medium-sized businesses (SMBs) and consumers. That holds especially ...
  • The Value Of Faster Payments

    May 3, 2019 The Value Of Faster PaymentsThe flow of money and data across borders is developing a new ecosystem in which payments data has as much value as the funds themselves. In business-to-business (B2B) payments, application ...
  • In India, Faster Payments Deliver ‘Instant Gratification’ To Migrants

    May 3, 2019 For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for the best. In the new Smarter Payments Tracker, ...

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