Watch more: Visa Direct’s Justin Zhao An investor funds their investment account in real-time. A trade executes in seconds. But transferring funds from that account to a bank account can still take five business days. It is a paradox that Karen Webster, CEO of PYMNTS,...
Same Day ACH saw year-over-year increases of about 37% in volume and 32% in value in the third quarter as it met user demand for faster payments, Nacha said in a Tuesday (Oct. 20) press release emailed to PYMNTS. With those increases, the total number...
Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones, that can mean maintaining cash in multiple bank, settlement or...
Visa has begun rolling out stablecoin-enabled prefunding that makes stablecoin-powered money movement available for businesses that run cross-border payments through Visa Direct, the company said in a Thursday (Oct. 15) press release. The first enabler of the new offering is Inyo Global, a Visa Direct...
October 22, 2026
Small businesses in the United States purchasing overseas want faster payments, lower fees and better exchange rates. Financial providers are combining accounts, currency management and spending services around that activity. The PYMNTS Intelligence report “The Cross-Border Opportunity: What Global Sourcing by US SMBs Means for Payment Providers,” produced with Mastercard, found in May that 57% […]
October 22, 2026
Watch more: Visa Direct’s Justin Zhao An investor funds their investment account in real-time. A trade executes in seconds. But transferring funds from that account to a bank account can...
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...
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 20, 2026
Same Day ACH saw year-over-year increases of about 37% in volume and 32% in value in the third quarter as it met user demand for faster payments, Nacha said in a Tuesday (Oct. 20) press release emailed to PYMNTS. With those increases, the total number of Same Day ACH payments reached 470.4 million in the […]
October 15, 2026
Visa has begun rolling out stablecoin-enabled prefunding that makes stablecoin-powered money movement available for businesses that run cross-border payments through Visa Direct, the company said in a Thursday (Oct. 15)...
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...
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...