PYMNTS

APRIL 22, 2019

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. Still, others have said that B2B payments should be largely left out of the faster payments conversation. “Our [payment] systems are looking at 24/7/365 solutions.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

OCTOBER 2, 2019

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 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

DECEMBER 29, 2020

Traditional banking activities, done though traditional (brick-and-mortar) banking conduits can prove costly, unwieldy, paper-based and time-consuming — particularly as funds cross borders, payment schemes and currencies. Discussing flexibility, she said businesses can get access, through virtual IBAN, to many payment types.

Facilitators 115

Facilitators IBAN Accounts Cross-Border 115

PYMNTS

DECEMBER 5, 2017

The digital economy is here and, for many consumers, it has become a way of life. Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. But, with this progress comes friction in the form of a payments patchwork. Supply and Demand.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

APRIL 13, 2020

The demand for mobile disbursements comes as more consumers rely on their smartphones for their financial needs. These individuals also expect faster payments in their day-to-day lives thanks to their interactions with peer-to-peer (P2P) payment apps. consumers now use mobile payment apps.

Innovation 93

Innovation B2C B2B P2P 93

PYMNTS

MARCH 2, 2016

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.

Faster Payments 41

Faster Payments NACHA C2B P2P 41

PYMNTS

NOVEMBER 7, 2018

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. In addition, the rails are expected to benefit B2C payments.

Faster Payments 49

Faster Payments Real Time Gross Settlement (RTGS) Payments C2B 49

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Immediate disbursements are gaining favor in various industries and sectors.

Real Time Payments 92

Real Time Payments RTP P2P Faster Payments 92

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. As much as 80 percent of firms still rely on paper checks when it comes to making business-to-business (B2B) payments. The Larger Picture.

Checks 66

Checks Real Time Payments B2C Faster Payments 66

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. But FX management isn’t the only area of corporate treasury seeing positive disruption from faster payments.

Faster Payments 40

Faster Payments Same Day ACH Real Time Payments Treasury 40

PYMNTS

JUNE 29, 2018

However, to push insurance providers in the direction of ePayments, service providers have to acknowledge the nuances of the insurance payments machine. Consumer payment solutions like Venmo and Zelle are taking off because they rely on less data to move funds as quickly as possible. “That’s the difficult part.”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

OCTOBER 29, 2019

Developers are increasingly exploring how to address some of the biggest B2C payment friction points in the market, most notably the pain of renters making monthly payments to landlords, often via paper check or clunky, fee-heavy online payment portals.

B2C 41

B2C B2B Innovation FinTech 41

PYMNTS

MAY 2, 2019

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in after weeks of delays. Payment speed can be dragged down in many ways. Faster Payments Deliver ‘Instant Gratification’ for India’s Migrant Workforce.

Faster Payments 40

Faster Payments Push-to-Card Payments Cross-Border 40

PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

PYMNTS

OCTOBER 9, 2019

Subscription Payments Meet Emerging Markets. Subscription-based offerings can be key to helping business-to-consumer (B2C) companies establish long-running relationships and lock down more predictable revenue streams. Effective subscription offerings require careful strategizing around payments, however.

Faster Payments 58

Faster Payments PayPal Payments B2C 58

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. Regulation Throws FinTech Off-Guard.

B2B 54

B2B Innovation B2C Faster Payments 54

PYMNTS

APRIL 7, 2020

Few are investing energy in building taller silos for their data, bumpier and more friction-filled experiences for their customers, or slower and more opaque payments processes. He noted that with rates being as volatile as they’ve been of late, time in this instance is literally money for consumers, possibly quite a lot of it.

B2B 83

B2B B2C Privacy Origination 83

PYMNTS

DECEMBER 16, 2019

As a result, firms lagging behind in faster payment investments could miss out on the full opportunities available in the global business-to-consumer (B2C) solutions market. “A

Faster Payments 42

Faster Payments Real Time Payments Payments Credit Union 42

PYMNTS

NOVEMBER 15, 2019

As a result, firms that are lagging behind in faster payments investments could miss out on the full opportunities available in the global business-to-consumer (B2C) solutions market. The new Faster Payments Tracker highlights the latest faster payments developments from several global markets.

Faster Payments 46

Faster Payments B2C API P2P 46

Faster Payments Council

MAY 17, 2021

RTP technology facilitates payments across all payment categories, including business-to-business (B2B), business-to-consumer (B2C), consumer-to-business (C2B), peer-to-peer (P2P), government-to-citizen (G2C), and account-to-account (A2A) transactions.

RTP 88

RTP G2C C2B Use Case 88

PYMNTS

JUNE 18, 2019

The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. to fully embrace real-time payments for both B2B and B2C activity.”.

RTP 78

RTP P2P B2B RFP 78

PYMNTS

MARCH 12, 2020

The conversation took place against a backdrop where, as reported in the Next-Gen Debit Tracker , non-cash payments have been rising 6 percent a year, and where payroll cards and debit transactions are gaining ground. Debit really is — and always has been — about faster payments,” Schroeder told PYMNTS.

Payroll 61

Payroll Issuers Push-to-Card Debit Transaction 61

PYMNTS

JANUARY 23, 2020

Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement methods increasing over the past few years. More than 42 percent of consumers received at least one instant payment in 2019, but such disbursements have a way to go before they are as common as many would like.

Instant Payments 56

Instant Payments Real Time Payments Online and Mobile Banking Payments 56

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Technology 79

Technology Legal Checks B2C 79

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. The Faster Payment Demand.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

PYMNTS

JUNE 6, 2018

Mastercard said in a release on Wednesday (June 6) that the payments service will make it possible for various stakeholders in the financial realm — ranging from financial institutions, digital customers, FinTech companies and various enterprises — to send real-time payments to U.K.-based less than 0.1 The first U.K.-based

Real Time Payments 55

Real Time Payments Visa Accounts Faster Payments 55

Fintech Finance

MAY 29, 2024

To gain a deep understanding of the current landscape and future outlook, Rapyd conducted a global research study surveying more than 1,000 business owners and payment decision-makers from a variety of high-opportunity industries, across ten key markets: Brazil, Canada, France, Germany, Italy, the Netherlands, Spain, Singapore, the UK and the US.

RTP 52

RTP Real Time Payments Fraud Prevention B2C 52

PYMNTS

APRIL 16, 2019

The most familiar change, though, is tied to the consumer (through their acceptance or denial of requests to share and use data). to adopt APIs, such as with the Revised Payment Services Directive (PSD2). If you look outside B2B or B2C, or consumer P2P, they are needed just about anywhere,” he said of APIs.

API 71

API P2P B2B Payment APIs and Integration 71

PYMNTS

JUNE 1, 2020

America’s cash-strapped consumers are often burdened by the cost of healthcare, frequently struggling to make ends meet while paying for treatments. Consumers are sometimes forced to pay out-of-pocket for services, then wait weeks for their insurance companies to reimburse them. Insurance Reimbursements. Hospital Overbilling.

Electronic Funds Transfer (EFT) 55

Electronic Funds Transfer (EFT) B2C Checks Point-of-Sale (POS) 55

PYMNTS

JUNE 2, 2020

Patients can struggle to afford the high costs associated with medical care, and hospitals can struggle to keep the lights on when bill payments trickle in slowly. They can also threaten healthcare providers’ bottom lines and consumers’ financial securities. percent of consumers reported receiving instant disbursements.

Real Time Payments 52

Real Time Payments Debit Card B2C Checks 52

PYMNTS

NOVEMBER 15, 2019

As a result, firms that are lagging behind in faster payments investments could miss out on the full opportunities available in the global business-to-consumer (B2C) solutions market. The new Faster Payments Tracker highlights the latest faster payments developments from several global markets.

TCH 46

TCH Online and Mobile Banking Faster Payments Payments 46

PYMNTS

DECEMBER 6, 2017

“We are not too far off when the difference between local and international payments is going to get very blurred to the point where it won’t matter.”. That includes the ability of faster payments initiatives to address corporate, cross-border transactions in addition to consumer, national transactions, he said.

B2B 73

B2B Cross-Border Blockchain Small Business 73

PYMNTS

MAY 4, 2018

Payments are moving toward greater speed, efficiency and choice – and in P2P payments, that’s led to the rise of financial technology giants. Syncapay, the launch of which was announced earlier this week, is a holding company that plans to acquire payments companies operating in the buyer-initiated payments industry.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

NOVEMBER 8, 2019

As real-time payments (RTP) gain traction with consumers via peer-to-peer (P2P), the pump may be primed for business-to-business (B2B) transactions to follow suit. Key among those conduits, of course, is the Clearinghouse RTP network, where commercial real-time payments made their debut in the U.S. roughly two years ago.

RTP 40

RTP B2B Real Time Payments P2P 40

PYMNTS

JUNE 18, 2019

Adoption of real-time payments in the U.S. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. In a statement, Payrailz CEO Fran Duggan pointed to the benefits for both banks and their consumer and corporate end-customers of connecting into the RTP network.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

PYMNTS

AUGUST 2, 2019

The latest Global Recurring Payments Tracker delves into the state of global subscriptions, how much of a role consumer payment preferences have and why speed matters so much for cross-border transactions. How Do Consumers Want to Pay? consumers were just behind at 22 percent for both types of subscriptions.

Cross-Border 43

Cross-Border Payment APIs and Integration Credit Cards Real Time Payments 43