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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. The Fed’s Hat and the Faster Payments Ring.

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B2B Payments Remains Without A Clear Picture Of Faster Payments’ Impact

PYMNTS

Faster and real-time payments are generally considered a benefit for the consumer payments world. finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Another faster payments service in the U.S.,

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Payments’ Role In The Fourth Industrial Revolution

PYMNTS

To get a sense of where faster payments are headed, look to the consumer. There are dozens of faster payment schemes rooted or taking shape around the world — 54 at last count. That’s a staggering leap from the 14 live faster payment schemes that existed worldwide in 2014, when FIS first released Flavors of Fast.

C2B
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Wielding Africa’s Mobile Penetration To Ease X-Border B2B Payments

PYMNTS

When it comes to B2B payments, the mobile device has limited traction. For mobile money FinTech MFS Africa , that opportunity extends into the B2B payment space as well. “This results in a massive patchwork of different requirements that need to be fulfilled with making a cross-border payment,” said Okoudjou.

B2B
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Does Everyone Win With Faster Payments?

PYMNTS

The March edition of the PYMNTS Faster Payments Tracker TM , powered by NACHA, covers the latest news and developments in the Faster Payments world, including the most recent notable player forays with the blockchain, like IBM ’s recent announcement of Blockchain-as-a-Service. The Power Of Payments.

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What Hong Kong’s New Faster Payment System Means

PYMNTS

Faster payments solutions must meet a variety of demands. Small retailers want to keep their cash flow moving by receiving consumer payments quickly, while large corporations need improved data and visibility to ensure their B2B transactions arrive on schedule. per transaction. Hong Kong required a new solution.

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B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

PYMNTS

Faster payments schemes across the globe are placing new definitions on what it means to be fast, especially as more initiatives heard towards real-time transacting. Financial institutions need to be actively exploring use cases for real-time payments within their own organizations for meeting the requirement of their customers.