PYMNTS

OCTOBER 24, 2016

One of the biggest areas facing skepticism with blockchain technology and B2B payments is the idea that corporates don’t need real-time payments, as would be provided by Visa B2B Connect. Real-time payments, however, enable a company to wait as long as they want to without forcing the supplier to get paid late.

Blockchain 77

Blockchain B2B Real Time Payments Payer 77

PYMNTS

JUNE 8, 2020

Many of the problems associated with remittances are being mitigated by new banking technologies, however, as financial institutions (FIs) and payment providers begin to cooperate on multiparty payment networks rather than relying on bilateral agreements that result in cross-border payments moving from bank to bank in sequence.

Cross-Border Payments 56

Cross-Border Payments Cross-Border Correspondent Bank Correspondent 56

PYMNTS

JULY 31, 2019

Visa’s approach has been a cross-border payments platform called Visa B2B Connect that processes payments directly with Visa’s partners in a single day rather than routing out of network. Mastercard has instead purchased cross-border transaction providers to expand its payments networks and offer similar solutions.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

PYMNTS

OCTOBER 28, 2019

Account information service providers will have improved account visibility, and payment initiation service providers will be able to integrate with Western Union ’s payment network and correspondent banks.

International Payments 51

International Payments API Payment APIs and Integration Cross-Border 51

Fintech Finance

JUNE 6, 2024

BS2 will use Nium’s Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE.

Settlement 52

Settlement Cross-Border Cross-Border Payments Correspondent Bank 52

Segpay

JUNE 13, 2024

The Service Provider Showcase on FedNow Explorer includes a growing list of more than 100 payment processors, correspondents, banking operations, and application providers to help financial institutions connect and amplify their network. Accessibility: Available to all banks and credit unions.

FedNow 52

FedNow Federal Reserve Real Time Payments Instant Payments 52

PYMNTS

DECEMBER 18, 2019

Reports in The Japan News said that MUFG and Recruit are collaborating on a possible digital currency with the potential to facilitate B2B payments, and with plans to launch their joint venture in the first half of next year. Credit Unions Embrace RTP. It’s moving slowly.”.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

PYMNTS

DECEMBER 17, 2019

Payment rails are undergoing significant innovation, a trend that promises to continue into the 2020s in various areas. Earlier this year, for instance, Visa launched Visa B2B Connect , an end-to-end payments network, across more than 30 countries to start. It also gained control of Earthport , having bought the U.K.-based

Central Bank 52

Central Bank Global Payments Cross-Border Payment APIs and Integration 52

PYMNTS

DECEMBER 23, 2019

It was in a convergence of these trends that Visa launched its real-time payments solution, Visa Direct , a technology enabling push payments onto recipients’ Visa cards. .

Use Case 41

Use Case Cross-Border Cross-Border Payments Push-to-Card 41

Evolve Payment

SEPTEMBER 29, 2023

More Instant Peer-to-Peer (P2P) Payments Waiting days for payments to clear will become a thing of the past in 2024. Instant payments will become the norm, enabled by technologies like real-time payment networks and blockchain.

Industry Trends 52

Industry Trends Contactless Payments ISO 20022 Cross-Border 52

PYMNTS

OCTOBER 22, 2019

These businesses typically experience pains similar to those afflicting other companies’ B2B cross-border payments, even though they provide quick P2P remittance experiences for their customers. Consumers are not spared from the space’s frictions, either.

Cross-Border Payments 41

Cross-Border Payments Cross-Border P2P B2B 41

PYMNTS

DECEMBER 30, 2019

In an interview with PYMNTS , Ripple Senior Vice President of Business and Corporate Development Kahina Van Dyke explained why building new infrastructure from the ground up can be an effective way to combat friction in the legacy correspondent banking system that lacks transparency and is plagued by slow transaction speeds and high FX costs.

Innovation 42

Innovation Cross-Border Commercial Card B2B 42

Fintech News

JANUARY 22, 2025

APAC has solidified its position as the leader in global real-time payments, processing nearly 70% of the worlds 266 billion transactions in 2023. What makes APAC unique is its blend of diverse regulatory frameworks and a multitude of exotic currencies, creating a dynamic payments environment.

Real Time Payments 123

Real Time Payments APACS ISO 20022 Cross-Border 123

Fintech News

FEBRUARY 17, 2025

Real-time payments have allowed consumers and businesses to experience how beneficial, fast, and easy payments can be, changing their expectations of cross border money movement. Managing relationships between these entities can be complex and time consuming too.

Cross-Border 117

Cross-Border APACS Cross-Border Payments Real Time Payments 117