For FIs, offering faster payments can be a game changer. However, enabling them isn’t always simple — FIs must choose whether to build a direct, expensive, labor-intensive connection to faster payment schemes or partner with, and become reliant on, a connected FI to gain access....
More corporates are showing an interest in real-time payments — and financial players are gearing up to help. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The disquieting statistic that every potential entrepreneur must consider before deciding to take the plunge and starting their own small business (SMB) is that half of all small businesses fail in their first year. It’s a rough number, WePay Co-Founder Rich Aberman told Karen Webster for...
Retailers say that card processing fees take a bite out of sales. Then why not, asks Marion King, director of payments at NatWest, remove card rails and replace them with new, real-time payment rails? In this month's Faster Payments Tracker, King says using new real-time...
Across the U.S., financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses...
From enabling new messaging capabilities in the U.S. to cross-border push payments for expats in Kuwait and Zimbabwe, access to faster payments tools is rapidly accelerating. Still, gaps remain, says John Hutton, director of payments for Nationwide Building Society. In the latest Faster Payments Tracker,...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The weakest link in any supply chain, particularly across borders, can be payments. Brian Jamieson, CEO and co-founder of Centtrip, tells PYMNTS in the latest edition of the Faster Payments Tracker that leveraging faster, even real-time payments can help corporates mitigate the high FX costs...