Moving money faster has compressed the time banks have to answer a more complicated question: How should this particular payment move? A transaction can arrive...
Instant payments may look free to the person tapping “send,” but somebody must pay to keep the money moving around the clock. News surrounding India’s...
A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used...
Corporate treasury technology has perennially been a visibility game. Banks, treasury management systems and FinTechs promised CFOs a better view of balances, payments, liquidity and...
Money can move at 2 a.m. on Sunday. The systems needed to fund, convert, settle and account for that flow of funds may have another...
The European Central Bank (ECB) will assess the feasibility of interlinking the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform with Brazil’s Pix instant payment system,...
Millennials’ financial lives are shaping how they receive, spend and manage money, creating new opportunities for payment providers to make transactions faster and more useful....
The term “real time” is becoming to corporate finance what “AI-powered” became to enterprise software: Ubiquitous enough to sound meaningful, but elastic enough to mean...