PYMNTS

OCTOBER 2, 2019

If you look across the technology industry and the payments industry, the pace and movement of change is accelerating,” Mike Kresse, division executive for card and money movement at FIS , recently told PYMNTS in an interview. Processors, including FIS, he said, can act as the technology department of their FI clients.

C2B

PYMNTS

DECEMBER 12, 2017

Federal Reserve made its own progress in exploring how the nation’s regulatory environment can support faster payments progress while maintaining security, while NACHA offered up some new data on same-day ACH volume growth in the country. billion in funds transferred using Same Day ACH, an average of $650 per transaction.

Faster Payments

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. B2C, C2B, B2B and P2P: There are many ways that individuals and companies need to move money, and some have advanced more than others as agile new players enter the race.

Consumer

PYMNTS

NOVEMBER 6, 2018

Recently, NACHA — The Electronic Payments Association approved three new rules to update Same Day ACH services. Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish.

Faster Payments

PYMNTS

MARCH 2, 2016

Clearly, the investments and interest in blockchain technology are real, but will it ultimately be the technology used as the foundation for the financial industry’s real-time payments solution? Same-day and faster payments will give us a lot of the same benefits that we get by handling card transactions, without using the card rails.

Faster Payments

PYMNTS

MARCH 7, 2016

Technology and the Internet of Things mantra is exciting, exhilarating and in many ways, an innovator’s dream. And with multiple solutions facing the industry to enable this new capability: Same Day ACH will begin its Phase One rollout this fall. Or is it just a new source of friction? Here in the U.S.,

Online and Mobile Banking