real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements

Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements
Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements
January 22, 2021  |  Real-Time Payments

Car buyers want instant access to auto loan disbursements, but there are risks to offering real-time speeds, says Raul Alvarez, director of accounting operations at...

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements
Auto Lenders Use AI To Drive Safer Real-Time Disbursements
January 21, 2021  |  Real-Time Payments

Immediate disbursements are gaining favor in various industries and sectors. They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting...

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RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
January 14, 2021  |  B2B Payments

The Clearing House’s real-time payments offering, the RTP® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week’s...

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Wells River Savings Bank To Access TCH’s RTP Network
Wells River Savings Bank To Access TCH’s RTP Network
January 12, 2021  |  Banking

Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc., according to a Tuesday (Jan....

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B2B Payments Firm Modern Treasury Lands $38 Million
B2B Payments Firm Modern Treasury Lands $38 Million
January 12, 2021  |  B2B Payments

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round,  according to a Tuesday (Jan. 12) announcement. Get the...

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How One Community Bank’s RTP Journey Offers A Path For Others
How One Community Bank’s RTP Journey Offers A Path For Others
January 11, 2021  |  Real-Time Payments

Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto sluggish B2B payments....

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J.P. Morgan Looks Toward Payments Modernization
J.P. Morgan Looks Toward Payments Modernization
January 11, 2021  |  Banking

The impact of the global pandemic on corporates’ digitization journeys has been undeniable. Whether businesses were establishing their modernization roadmaps for the first time or...

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How Mexico’s Central Bank Plans To Move Payments To Digital
How Mexico’s Central Bank Plans To Move Payments To Digital
January 06, 2021  |  Banking

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers...

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