Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...
From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly accelerating. Still, gaps remain, says John Hutton, director of payments for Nationwide Building Society. In the latest Faster Payments Tracker,...
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The weakest link in any supply chain, particularly across borders, can be payments. Brian Jamieson, CEO and co-founder of Centtrip, tells PYMNTS in the latest edition of the Faster Payments Tracker that leveraging faster, even real-time payments can help corporates mitigate the high FX costs...
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When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign but important request,” which was finding a way to switch from pre-printed check stock to blank check stock. Get the...
Just two months post-launch, Australia's faster payments platform — New Payments Platform (NPP) — has already handled over five million transactions with FIs, ranging from the biggest banks to the smallest credit unions. PYMNTS caught up with NPP Australia CEO Adrian Lovney to talk about...
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The Governance Framework Formation Team (GFFT) said Tuesday that it has completed a draft framework to create a new U.S. Faster Payments Council (FPC), eight months in the making. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
