Business clients don’t want to hear that the payment is “in process.” They want to know that the money was moved, the supplier was paid...
Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks,...
On June 30, an independent company called Open Standard launched a dollar stablecoin, Open USD, and 140 of the biggest names in money signed on....
Real-time money movement is beginning to alter the expectations surrounding healthcare and HR benefits where reimbursement timing and payout clarity have long been sources of...
Real-time B2B payments may not be losing to skepticism. They are losing, for now, to payment systems that work just well enough. That is one...
Real-time payments in South America have moved well beyond proof of concept. They’re becoming the financial backbone of entire economies, and the numbers speak for...
Watch more: The Digital Shift With Galileo’s Prashant Shah For years, core banking systems were viewed as essential but largely invisible infrastructure. They maintained account...
Watch more: Michael Silver of Robinhood Consumers managing their finances through digital channels increasingly assume that money will appear in accounts quickly, with visibility into...
The biggest obstacle to real-time B2B payments may be that the old system is not broken enough. That was one of the more practical takeaways...