PYMNTS

AUGUST 10, 2020

You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. Real time is getting ever closer to prime time. But it might not be the Federal Reserve ’s doing.

Real Time Payments

PYMNTS

MARCH 22, 2018

The ultimate goal, he said, is to achieve ubiquity of faster payments by 2020. But to do that, Riddle said small to mid-size businesses (SMBs) must be brought into the faster payments fold as well. It’s a building block that allows people to engage. As an example, say a customer has a bill due today.

Credit Union

PYMNTS

MAY 8, 2017

Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions regarding how the financial services sector takes on the initiative or where each market is at in terms of progress in achieving real-time payments capabilities. In the U.S., I think the U.S. is in a good position.

Real Time Payments