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How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

Finovate

Federal Reserve’s instant payment service went live in July of 2023. Now, 15 months later, adoption rates have been unpredictably slow, especially when it comes to banks that are able to send FedNow payments. Managing customer disputes Customer disputes are always a headache when facilitating payments.

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

Waterhouse said the big evolution for the year ahead will involve taking what are now typically debit transactions like check or automated clearing house (ACH) debit and migrating those to the RTP network combining a Request for Payment (RfP) with a consumer authenticated RTP payment.

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Is Turkey Ready For Open Banking Ahead Of Its EU Counterparts?

PYMNTS

An interesting feature of the Turkish banking system is that while it implemented PSD1 and PSD2, it was not compelled to enact strong consumer authentication (SCA). Merchants are on the front lines of this change, requiring the infrastructure and wherewithal to manage services like instant payments and buy now pay later services.