The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. But according to Pradheep Sampath, chief...
Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations...
Nearly half of financial institution executives are concerned that open banking may not be a positive value proposition — especially in an environment of increasing...
Open banking is transforming the banking industry. It grants third-party FinTechs access to the financial data and funds traditional financial institutions (FIs) manage. Doing so...
Small and medium-sized businesses (SMBs) heavily rely on ad hoc payments to sustain their cash flow. According to “How Instant Ad Hoc Payments Drive SMB...
Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to...
OpenPayd has partnered with TrueLayer to enhance the instant payment solutions it offers its clients. By leveraging TrueLayer’s open banking payment network throughout the United Kingdom and Europe,...
The future of digital payments is, in many ways, already here. What is left is the need for businesses to adapt to this rapidly shifting...
An official with the Atlanta Federal Reserve says findings from a 2023 Federal Reserve study confirm the growing appetite for instant payments. Claire Greene, payments...