instant payments

Millennials Lead in Reimbursements Received as Instant Business Expense Payouts Surge
Millennials Lead in Reimbursements Received as Instant Business Expense Payouts Surge
December 05, 2023  |  Faster Payments

With the advent of digital payments, instant reimbursements have gained popularity, providing employees with convenience and quick access to funds. However, there is still a...

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Instant Reimbursements for Employee Expenses Rise 15% in 2023
Instant Reimbursements for Employee Expenses Rise 15% in 2023
December 05, 2023  |  Money Mobility

Business travel is increasing as professionals attend industry conferences and meet with clients in person now that pandemic-related measures have lifted. This rise has also...

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How AWS and PayShap Increased Financial Inclusion in South Africa
How AWS and PayShap Increased Financial Inclusion in South Africa
December 04, 2023  |  Financial Inclusion

Nilesh Dusane, global head of institutional payments at AWS, and Ben Janse van Rensburg, interim CIO at BankservAfrica, told PYMNTS that instant payments will do...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023  |  Faster Payments

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Although it is...

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Swift Launches Cross-Border Instant Payments
Swift Launches Cross-Border Instant Payments
November 30, 2023  |  Cross-border Payments

Global messaging platform Swift says cross-border payments to Europe can reach their destination in seconds. That’s due to this week’s launch of the European Payment...

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Study Finds More Instant Payment Options Increase Customer Satisfaction
Study Finds More Instant Payment Options Increase Customer Satisfaction
November 28, 2023  |  Faster Payments

Using instant payment methods can streamline the payment process and improve overall customer satisfaction, making consumers 11% more satisfied and nearly double their likelihood to...

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Volt Expands Real-Time Payments Platform Into Australia
Volt Expands Real-Time Payments Platform Into Australia
November 22, 2023  |  Real-Time Payments

Global real-time payments platform Volt has expanded into Australia. Already established in the United Kingdom, Europe and Brazil, Volt is taking another step in its...

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UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Faster Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

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