Watch more: Need to Know with Bank of America’s Daniel Stanton Companies have upgraded their treasury systems while the payment networks, banks and data they rely on remain fragmented. The sheer number of ways to move money has increased. Wires and domestic clearing systems remain....
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...
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...
October 14, 2026
Watch more: Need to Know | Sofi Tech Solutions | Prashant Shah Speed and simplicity helped FinTechs establish themselves as alternatives to traditional financial institutions. Those qualities carry less weight as competitive advantages when customers can find fast payments, digital account opening and polished mobile experiences across much of financial services. Prashant Shah, vice president […]
October 13, 2026
Watch more: Need to Know with Bank of America’s Daniel Stanton Companies have upgraded their treasury systems while the payment networks, banks and data they rely on remain fragmented. 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...
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...
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...
