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.
Latest Facebook-Related Scam Puts Banking Customers on Alert 
Latest Facebook-Related Scam Puts Banking Customers on Alert 
March 13, 2024  |  Security & Fraud

Search online for the words “Facebook scams” and your search engine will immediately deliver myriad news stories warning consumers to be vigilant when scrolling through...

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State of the Payment Scam: Banks Battling APP Fraud
State of the Payment Scam: Banks Battling APP Fraud
March 13, 2024  |  Security & Fraud

The world’s cybercriminals all share one thing in common: they understand people can be exploited. After all, people make mistakes. They fall for scams, and...

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Real-Time Payments Need Orchestration Layer to Solve Interoperability Gap
Real-Time Payments Need Orchestration Layer to Solve Interoperability Gap
March 11, 2024  |  Faster Payments

The financial landscape is rapidly evolving in an era of faster payments, presenting a blend of opportunities and setbacks. One of the major hurdles that...

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Norway Considers Rules to Ensure Consumers Can Pay With Cash
Norway Considers Rules to Ensure Consumers Can Pay With Cash
March 08, 2024  |  Cash

The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those...

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Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two...

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The Role of Banks in Scaling B2B Payments Innovation
The Role of Banks in Scaling B2B Payments Innovation
March 06, 2024  |  B2B Payments

Banks provide the foundational infrastructure for financial transactions, offering a network that connects various businesses. And, as expectations from their daily lives bleed over into...

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Flipkart to Enable Transactions With India’s UPI Instant Payments System
Flipkart to Enable Transactions With India’s UPI Instant Payments System
March 04, 2024  |  Real-Time Payments

Indian eCommerce marketplace Flipkart has launched a Unified Payments Interface (UPI) handle to enhance its digital payment offerings by adding India’s popular instant payments system. The new Flipkart UPI...

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Galileo and The Bancorp Expand Collaboration to Enable Instant Payments
Galileo and The Bancorp Expand Collaboration to Enable Instant Payments
March 04, 2024  |  Faster Payments

Galileo Financial Technologies has expanded its collaboration with The Bancorp to enable instant payments. Together, the companies use the RTP® network from The Clearing House to enable instant money movement between bank accounts,...

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Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
Consumers Like Open Banking Features, Now Banks and FinTechs Need to Deliver
March 04, 2024  |  Banking

Last month, a top financial industry regulator voiced concerns that banking and FinTech collaborations might be “blurring the lines” between banking and commerce. According to...

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