instant payments

Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024  |  Real-Time Payments

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no...

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Faster Payments Poised to Drive Faster Growth for Small Businesses
Faster Payments Poised to Drive Faster Growth for Small Businesses
May 22, 2024  |  Real-Time Payments

Small- to medium-sized businesses (SMBs) can suffer the most from big delays in getting paid. With the news that the U.S. securities market will be converting to a T+1...

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Where Instant Payments Is Headed — and Why
Where Instant Payments Is Headed — and Why
May 22, 2024  |  Real-Time Payments

Amid the hype about the FedNow® Service approaching its one-year mark, instant payments may finally be settling down into more grounded territory, specifically, liquidity, competitive advantage and the customer...

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Stripe Launches Its First Open Banking-Powered Payment Method in UK
Stripe Launches Its First Open Banking-Powered Payment Method in UK
May 21, 2024  |  Payments Innovation

Stripe has debuted an open banking-powered payment method and faster manual payouts in the United Kingdom. In addition, the company has expanded Stripe Capital to the U.K., the...

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Government Mandates Will Force Business Payments Modernization
Government Mandates Will Force Business Payments Modernization
May 20, 2024  |  B2B Payments

Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with...

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Banco Santander and Iberpay Launch International Real-Time Payments Service
Banco Santander and Iberpay Launch International Real-Time Payments Service
May 17, 2024  |  Real-Time Payments

Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different currency...

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Visa and SKUx Team to Promote Digital Consumer Payments
Visa and SKUx Team to Promote Digital Consumer Payments
May 16, 2024  |  Digital Payments

Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer...

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Could ISO 20022’s Data-Rich Messaging Fuel AI Innovation?
Could ISO 20022’s Data-Rich Messaging Fuel AI Innovation?
May 16, 2024  |  Payments Innovation

The best, and most lasting innovations, are those that beget other innovations.  That’s because innovation rarely happens in isolation. The strongest pushes of forward progress frequently...

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Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
Fed Surveys Find Lasting Appeal for Faster, Digital Transactions
May 15, 2024  |  Real-Time Payments

Consumers and businesses — running the gamut of transaction types and across demographics —  are pivoting toward faster and digital payment options.  Overall, as detailed in...

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