Remove B2C Remove Faster Payments Remove Same Day ACH
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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. A Couple of Important Dots.

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linked2pay Bridges Banks To Real-Time Payments

PYMNTS

15) that banks using its Bank Centric Payments platform will now have access to real-time payments thanks to a collaboration with Push Payments. Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said.

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The Data Behind B2B Payments’ API Excitement

PYMNTS

They range from financial giants like Mastercard and PayPal to smaller firms like Payment Rails, Figo and Dwolla. 6 percent: the portion of same-day ACH volume that constituted B2B payments during the first 11 days of NACHA’s launch of the service.

API
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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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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

However, to push insurance providers in the direction of ePayments, service providers have to acknowledge the nuances of the insurance payments machine. In B2B, the demand for remittance data means ACH adoption can be stunted, let alone adoption of Same Day ACH. “That’s the difficult part.”

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Cash Flow, Each And Every (Same) Day

PYMNTS

And in the latest installment of Data Drivers, statistics show that the recently launched Same Day ACH initiative has got businesses, and consumers, moving to manage cash flow on a daily basis, across a variety of use cases. million and nearly half of all payments — came from direct deposit, or payroll, transactions.

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Deutsche Bank Links Faster Payments To Faster FX Management

PYMNTS

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.