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...
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...
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, an API or, potentially, an artificial intelligence agent. The bank may have several ways to...
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 still take five business days. It is a paradox that Karen Webster, CEO of PYMNTS, put directly to Justin Zhao, head of Visa Direct, North […]
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 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 […]
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...
August 19, 2026
Mexico is launching a campaign to steer citizens from cash to digital payments, the Financial Times reported Wednesday (Aug. 19). Part of the effort involves an attempt to rejuvenate Codi,...
August 12, 2026
Real-time payments company Sionic has launched its instant bank pay service through Microsoft Marketplace. With this integration, Sionic can offer real-time, bank-to-bank payments at the point of sale, the company...
