Citi now enables its bank clients to access multiple cross-border instant payment markets through a single account structure, the bank said in a Tuesday (Sept. 29) press release. This solution also eliminates the need for these bank clients to have separate local banking relationships, bilateral agreements or local technical infrastructure, according...
Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS. The solution enabled Brazilian bank Bradesco to complete a pilot transaction in which a payment was initiated through Bradesco’s existing...
The cost of a delayed government payment does not end when the money finally arrives. Every status inquiry, phone call, payment trace and reissued check represents additional work for both constituents and the agencies responsible for delivering public funds. Those administrative costs receive less attention...
Mastercard and SoFi Technologies are now using stablecoin settlement across SoFi Bank, N.A.’s debit and credit card program, SoFi said in a Tuesday (Sept. 22) press release. SoFi Bank is migrating its entire $25 billion card program to stablecoin settlement of transactions, according to the...
October 01, 2026
Watch more: Government Disbursements Need to Move at the Speed of Need For a household waiting on food assistance or disaster relief, a payment that is somewhere between the government and a bank account isn’t money that can buy groceries or pay for a hotel room. The gap between issuing funds and getting them where […]
September 29, 2026
The cost of a delayed government payment does not end when the money finally arrives. Every status inquiry, phone call, payment trace and reissued check represents additional work for both...
August 27, 2026
Earnings season is showing that bank modernization demand is landing in faster payments, cloud and digital banking, and artificial intelligence tools aimed at credit, fraud and other defined operating workflows....
August 24, 2026
Watch more: Monday Conversation With WorkWhile’s Simon Khalaf For a worker paid by the shift, $200 arriving tomorrow can outweigh an annual income figure that looks healthy on paper. That’s...
September 29, 2026
Citi now enables its bank clients to access multiple cross-border instant payment markets through a single account structure, the bank said in a Tuesday (Sept. 29) press release. This solution also eliminates the need for these bank clients to have separate local banking relationships, bilateral agreements or local technical infrastructure, according to the release. Citi’s offering operates on the Swift payments scheme and […]
September 29, 2026
Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS. The solution enabled Brazilian bank...
September 22, 2026
Mastercard and SoFi Technologies are now using stablecoin settlement across SoFi Bank, N.A.’s debit and credit card program, SoFi said in a Tuesday (Sept. 22) press release. SoFi Bank is...
June 04, 2026
Bank of America plans to launch a new cross-border real-time payments tool later this year, according to a Thursday (June 4) press release provided to PYMNTS. The solution, which will...
