Real Time Payments news and trends

ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday
Consumer Payments // December 02, 2024

The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued at $2.63 trillion to kick off the holiday shopping season last week, The Clearing House (TCH) said in a news...

RealDesk and Zum Rails Enable Payment Processing for Canadian Real Estate Brokerages
Real Estate // November 27, 2024

RealDesk.ai and Zum Rails have partnered to enable Canadian real estate brokerages to use one solution to power the entire transaction lifecycle, from lead to close. With this collaboration, Zum Rails’ payment processing will be added to RealDesk’s real estate management platform, the companies said...

How Simplifying Transactions Can Translate Into Meaningful Customer Interactions
Opinion // November 27, 2024

Simplifying payments can strengthen client relationships and grow customers, Ingo Payments Chief Innovation Officer Joseph Akintolayo writes in a new PYMNTS eBook, “The New Value Equation: 11 Financial Services Leaders Share Their Vision for 2025.”   As we move toward 2025, the businesses that thrive...

Why Instant Payments Are No Longer Optional for Credit Unions
Opinion // November 26, 2024

Today, immediacy is not just a nice-to-have but an expectation, Jon Budd, CEO of Juniper Payments, a Velera company, writes in a new PYMNTS eBook, “The New Value Equation: 11 Financial Services Leaders Share Their Vision for 2025.” Financial services are evolving faster than ever...

Interviews & Exclusives
71% of Financial Institutions Turn to AI to Fight Faster Payments Fraud

December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. According to a PYMNTS Intelligence report, “Protecting Accelerated Disbursements From Fraud,” in collaboration with Ingo Payments, the speed of these payments creates […]

How Simplifying Transactions Can Translate Into Meaningful Customer Interactions

November 27, 2024
Simplifying payments can strengthen client relationships and grow customers, Ingo Payments Chief Innovation Officer Joseph Akintolayo writes in a new PYMNTS eBook, “The New Value Equation: 11 Financial Services Leaders...

Why Instant Payments Are No Longer Optional for Credit Unions

November 26, 2024
Today, immediacy is not just a nice-to-have but an expectation, Jon Budd, CEO of Juniper Payments, a Velera company, writes in a new PYMNTS eBook, “The New Value Equation: 11...

Citi Sees Blockchain at Center of Borderless Commerce Initiative

November 20, 2024
If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model, cross-border transactions are still fraught...

Quick Reads
ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday

December 02, 2024
The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued at $2.63 trillion to kick off the holiday shopping season last week, The Clearing House (TCH) said in a news release Monday (Dec. 2). “There are several factors that contributed […]

RealDesk and Zum Rails Enable Payment Processing for Canadian Real Estate Brokerages

November 27, 2024
RealDesk.ai and Zum Rails have partnered to enable Canadian real estate brokerages to use one solution to power the entire transaction lifecycle, from lead to close. With this collaboration, Zum...

Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments

November 22, 2024
The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department of the Treasury Assistant Secretary...

Volante Adds Business Intelligence Module to Payments Platform

November 14, 2024
Volante Technologies has expanded the capabilities of its Volante Payments Platform by adding a module that gives financial institutions greater visibility and control over their payments business. The new module,...