Businesses use payments timing as a factor in their cash forecasts. A buyer sends money before an invoice deadline, while the supplier waits for money already committed to payroll, inventory or another bill. Shortening that interval gives both parties greater certainty about when cash leaves...
Banks have generally measured instant payments by transactions: how many customers use them, how much money moves and how quickly payments arrive. An example from Amplify Credit Union adds another measure: deposit growth. Business accounts that received at least one instant payment grew 25% faster...
In the commercial payments realm, invoices need validation, discrepancies warrant resolution and someone (or an authorized system) ultimately approve the release of funds. Smart contracts are being used to carry approved payment instructions from business workflows into bank payment systems. For accounts payable and treasury...
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupees, or around $21. But as...
October 27, 2026
Generation X is giving payments providers a clear signal to make payments more flexible, but keep them familiar. This cohort is not particularly interested in the rapid adoption of new methods, but instead largely desires to keep using the same payment tools even as their financial situation evolves. The PYMNTS Intelligence report “Commerce Runs on […]
October 22, 2026
Banks have generally measured instant payments by transactions: how many customers use them, how much money moves and how quickly payments arrive. An example from Amplify Credit Union adds another...
October 05, 2026
Moving money faster has compressed the time banks have to answer a more complicated question: How should this particular payment move? A transaction can arrive through online or mobile banking,...
September 24, 2026
Millennials’ financial lives are shaping how they receive, spend and manage money, creating new opportunities for payment providers to make transactions faster and more useful. About 7 in 10 millennials...
October 18, 2026
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupees, or around $21. But as the Financial Times (FT) reported Sunday (Oct. 18), that change […]
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 24, 2026
The Federal Reserve is taking its instant payment system global. Federal Reserve Financial Services said Wednesday (Sept. 23) that the FedNow® Service will soon support cross-border transactions. The move is...
September 24, 2026
The European Central Bank (ECB) will assess the feasibility of interlinking the Eurosystem’s TARGET Instant Payment Settlement (TIPS) platform with Brazil’s Pix instant payment system, the central bank said in...
