instant payments

Checkbook and Visa Partner on Instant Payments for Business Disbursements
Checkbook and Visa Partner on Instant Payments for Business Disbursements
February 28, 2024  |  Real-Time Payments

Checkbook and Visa have come together in a new collaboration aimed at improving the availability of instant payments for businesses, institutions and individuals across the country. This partnership...

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Instant Tip Payouts Could Help Hotel Industry Woo Workers in 2024
Instant Tip Payouts Could Help Hotel Industry Woo Workers in 2024
February 28, 2024  |  Disbursements

The next time you check into a hotel, don’t be surprised if you can’t find personnel to greet you, help with your luggage, or put...

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Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
February 28, 2024  |  Fraud Prevention

The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. But according to Pradheep Sampath, chief...

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Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
February 27, 2024  |  Cross-border Payments

Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations...

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Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
Nearly Half of Financial Institutions Believe Open Banking Risks Outweigh Rewards
February 27, 2024  |  Security & Fraud

Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...

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EU Makes Instant Payments the Law of the Land
EU Makes Instant Payments the Law of the Land
February 26, 2024  |  Faster Payments

Making instant payments in the European Union (EU) just became much easier. The European Council on Monday (Feb. 26) adopted a regulation making instant payments available in euros to...

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Zūm Rails Raises $7 Million to Expand Open Banking Offering
Zūm Rails Raises $7 Million to Expand Open Banking Offering
February 22, 2024  |  Investments

Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. The Montreal-based company announced the $7.7 million ($10.5 million CAD) Series A funding round Thursday...

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Green Dot Partners With Dayforce for On-Demand Wage Access
Green Dot Partners With Dayforce for On-Demand Wage Access
February 21, 2024  |  Partnerships

Digital bank and FinTech firm Green Dot has announced a partnership with Dayforce to power its on-demand pay solution Dayforce Wallet. This collaboration will allow Green Dot to serve...

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42% of SMBs Would Pay a Fee to Receive Instant Ad Hoc Payments
42% of SMBs Would Pay a Fee to Receive Instant Ad Hoc Payments
February 21, 2024  |  Real-Time Payments

Small and medium-sized businesses (SMBs) heavily rely on ad hoc payments to sustain their cash flow.  According to “How Instant Ad Hoc Payments Drive SMB...

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