instant payments

75% of Companies Still Use Paper Checks Despite High Cost
75% of Companies Still Use Paper Checks Despite High Cost
August 29, 2024  |  Digital Payments

In today’s business environment, effective payment methods are essential. Outdated payment systems can create cash flow challenges, while digital payments offer streamlined processing, enhanced operational...

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Small Businesses Embrace Instant Payments: Benefits Beyond Speed
Small Businesses Embrace Instant Payments: Benefits Beyond Speed
August 29, 2024  |  Real-Time Payments

Small and medium-sized businesses (SMBs) across sectors are widely using instant payments. For many, they have become their primary method of sending payment. Across four...

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Visa and Revolut Form Cross-Border Business Payments Pact
Visa and Revolut Form Cross-Border Business Payments Pact
August 27, 2024  |  Real-Time Payments

Visa has launched a cross-border business payments partnership with London-based FinTech Revolut. The collaboration, announced Tuesday (Aug. 27), allows instant card transfers for Revolut’s business...

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This Week in B2B Innovation: Riding the Digital Payments Wave
This Week in B2B Innovation: Riding the Digital Payments Wave
August 22, 2024  |  B2B Payments

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency....

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Affinity Plus CU Launches Real-Time Payments Service
Affinity Plus CU Launches Real-Time Payments Service
August 22, 2024  |  Real-Time Payments

Affinity Plus Credit Union has unveiled a new real-time payments service for its members, giving them instant access to their funds. Through the FedNow® Service...

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Adyen and InvoiceASAP Team on Instant Deposits
Adyen and InvoiceASAP Team on Instant Deposits
August 21, 2024  |  Partnerships

Adyen and InvoiceASAP, an invoicing and payments firm, launched a small-business-focused instant payments partnership. The collaboration will provide users with instant access to deposited funds,...

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Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Real-Time Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

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Data Shows 93% of Truckers Would Use Instant Payments if Offered
Data Shows 93% of Truckers Would Use Instant Payments if Offered
August 19, 2024  |  Real-Time Payments

The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses...

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4 in 10 Independent Restaurants Use Real-Time Payments
4 in 10 Independent Restaurants Use Real-Time Payments
August 15, 2024  |  Real-Time Payments

The restaurant industry faces financial strain due to inflation and economic downturns, with sales growth projections for 2024 cut to 3.8% from earlier estimates. As...

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