PYMNTS

MARCH 31, 2020

Thailand-based Siam Commercial Bank (SCB) announced an expansion of its partnership with blockchain technology firm Ripple to expand its cross-border payment capabilities for business customers. GrainChain Unites Banks And Blockchain. Faster Payments Council Names New Leadership. Plastiq Eases Card Rail Friction.

B2B

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments

PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. via all banks and credit unions.

Same Day ACH

PYMNTS

DECEMBER 6, 2017

As the financial services industry takes a look back at 2017, a few milestones stand out: the progress of faster and instant payment initiatives. The evolution of blockchain-based services. And, much to the relief of corporates, the continuing focus on B2B payments innovation.

B2B

PYMNTS

SEPTEMBER 3, 2018

In the continuing swirl of headlines that seem to blur and blend cryptos, blockchains and developing nations, a number of collaborations between large tech firms, traditional financial institutions (FIs) and FinTech upstarts stood out. Payments Initiatives In Africa. The latter is a government-owned bank.

Blockchain

PYMNTS

MARCH 7, 2019

There’s particular interest in using real-time payments for peer-to-peer transactions, he added. Blockchain, Too. Within the real-time payments space, one option among the faster payment initiatives gaining traction around the globe centers on blockchain , of course.

ATM

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.

B2B

PYMNTS

MARCH 8, 2017

From innovations like the data-sharing of B2B APIs to the Same Day ACH Network to blockchain innovations, the space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and efficiency. Enter the new PYMNTS.com B2B API Tracker™.

B2B

PYMNTS

DECEMBER 4, 2019

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 This week’s examination of payments rail modernization looks at a range of service providers embracing new rails rather than relying on technology to improve existing ones. HSBC Loops Into RTP.

B2B

PYMNTS

OCTOBER 27, 2016

Between the rise of blockchain technology, the market debuts of faster payments initiatives and the advancements in virtual card capabilities, small businesses have more choice and power when it comes to their payments needs. Again, the importance of faster supplier payment options has also increased in the U.S.,

Cash Management

PYMNTS

JANUARY 17, 2017

Faster payments initiatives are just one example of how a changing payments landscape means institutions need to alter their testing approaches, Gilde said. You can’t stay current with the types of things you’ll have to do in a faster payments landscape if you use your legacy approaches,” he stated. “You

ISO 8583

PYMNTS

MARCH 7, 2018

From community banks to central banks, the need for faster payments is gripping financial institutions (FIs) of all shapes and sizes. FIs worldwide are making bold pushes to increase their payment speed, from Australia’s new real-time payments scheme to Saudi Arabia’s turn to blockchain. Over in the U.S.,

Same Day ACH

PYMNTS

JUNE 8, 2016

Each year, for the past three years, financial services firm FIS publishes its Flavors of Fast report, an examination of various faster payments initiatives. The report looks at 28 real-time payments initiatives currently in the works throughout the globe.

Real Time Payments

PYMNTS

APRIL 7, 2016

The Fluid Faster Payments Conversation. For this month’s cover story, PYMNTS interviewed Jan Estep, NACHA’s CEO, about the continuing need to foster dialogue around what faster payments really means. . Will the blockchain have a transformative influence on banking in the near future? Here’s a sneak peek: .

NACHA

PYMNTS

AUGUST 10, 2016

Banks across the globe have invested resources into exploring blockchain technology, and that includes in Canada. The payment was completed with help from the technologies behind the SAP HANA Cloud Platform and blockchain FinTech company Ripple. “It’ll be more of an instant payment.

ACH

PYMNTS

OCTOBER 17, 2018

Last year, Sberbank agreed to invest more than $500 million in the Yandex.Market eCommerce solution to develop a payment solution and introduce new features on the platform. Other B2B payment initiatives in Russia have come from Visa , which announced earlier this year that it would be expanding its corporate payment services in the country.

B2B

PYMNTS

JANUARY 2, 2017

If you have got the money and it’s being transferred, then we want to shorten the wait time for the accounts receivable side and reduce the amount of working capital that businesses have because they are waiting on payments from other companies.”. The year 2016 brought with it a wave of innovation that disrupted cross-border payments.

Cross-Border Payments

PYMNTS

MAY 3, 2019

Indeed, FinTech and alternative financial service providers have stepped in to try to combat those points of friction, wielding technologies like blockchain and IBAN solutions to find ways around the friction of correspondent banking. “I think the speed of payment is incredibly important,” he said.

Global Payments

PYMNTS

SEPTEMBER 19, 2017

The disruptors range from machine learning and blockchain to APIs and faster payment initiatives, and banks have a choice to make when pursuing these tools. Whether via the use of best-of-breed solutions or best-of-suite offerings, banks must be open to new technologies, like blockchain. “A

Innovation

PYMNTS

MARCH 17, 2016

The company, which uses a hybrid of blockchain technology and other payment rail infrastructure to enable cross-border payments, said it will look to capitalize on the demand spike for global payment services during the Olympic games, where hundreds of thousands of people will flock from all over the globe.

Cross-Border Payments

PYMNTS

JULY 4, 2018

Regulatory disruption — think GDPR and open banking rules — shook up the business financial services market, while blockchain continued to dig deeper into use cases like trade finance and global payments. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Visa Buys Fraedom.

B2B