The United States does not lack instant payment rails. It lacks a simple, universal front door to them. That is the larger significance of X9.150,...
People in Brazil seem to love the Pix instant payment system. The U.S. government is a different story. Last year, the U.S. Trade Representative (USTR)...
Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses...
Business clients don’t want to hear that the payment is “in process.” They want to know that the money was moved, the supplier was paid...
Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks,...
Real-time payments in South America have moved well beyond proof of concept. They’re becoming the financial backbone of entire economies, and the numbers speak for...
Watch more: The Digital Shift With Galileo’s Prashant Shah For years, core banking systems were viewed as essential but largely invisible infrastructure. They maintained account...
Watch more: Michael Silver of Robinhood Consumers managing their finances through digital channels increasingly assume that money will appear in accounts quickly, with visibility into...
Real-time payments are starting to look less like a faster delivery truck and more like a digital receipt that arrives before anyone has to ask...