Payments Dive

JULY 1, 2025

companies — solo practitioners, landscapers, dog walkers or those with a few employees — handle trillions of dollars of payments via paper checks sent through the postal system. Lest one thinks this centuries-old payment method is disappearing in the age of the digital wallet and instant payment clearing, it is not.

Small Business 103

Small Business Checks ACH Push-to-Card 103

Fintech Finance

JULY 30, 2024

Nexi, the European PayTech, signs an historic agreement with Payac Services CLG , a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland.

Credit Union 94

Credit Union Instant Payments Payments Participant 94

Fintech Finance

AUGUST 15, 2024

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Instant payments, powered by the first new payment rails in the U.S.

Instant Payments 105

Instant Payments Treasury RFP RTP 105

Payments Dive

JULY 20, 2023

The Fed’s long-awaited instant payments system is arriving right on time this month, giving consumers and businesses a new route for speedier transactions.

Credit Union 113

Credit Union FedNow Fed Instant Payments 113

PYMNTS

AUGUST 28, 2019

While all financial institutions (FIs) operate on customer relationships, trust and loyalty can play a larger role for credit unions. The latest Credit Union Tracker explores recent developments in the world of credit unions, and how open banking could change how credit unions do business and increase customer loyalty in the process.

Credit Union 73

Credit Union Instant Payments Non-Bank Money Laundering 73

Fintech Finance

OCTOBER 4, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of the 2024 U.S. Instant Payments Adoption Quantitative Study , a first-of-its-kind survey of U.S.-based Faster Payments Council Releases 2024 U.S.

Instant Payments 93

Instant Payments Faster Payments FPC Corporate Credit Unions 93

Tearsheet

FEBRUARY 16, 2024

Mastercard recently expanded collaboration with The Clearing House (TCH), with the shared goal of propelling the adoption of instant payments. This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments.

Instant Payments 119

Instant Payments RTP TCH Visa 119

The Nilson Report

AUGUST 13, 2024

The post Payac and Nexi to deliver Instant Payments to Credit Unions appeared first on Nilson Report.

Credit Union 52

Credit Union Instant Payments Payments Posting 52

Finextra

JULY 30, 2024

Nexi, the European PayTech, signs an historic agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland.

Credit Union 52

Credit Union Instant Payments Agreements Participant 52

Finextra

FEBRUARY 25, 2025

Metallicus, a leader in blockchain technology for financial institutions, has partnered with Payfinia, an instant payments service provider and U.S.

Credit Union 59

Credit Union Credit Union Service Organization Instant Payments Cryptocurrency 59

Fintech Finance

JUNE 25, 2024

(“Finzly”), a leader in innovative payment and financial solutions, today announced a partnership with Frost Bank , a subsidiary of Cullen/Frost Bankers, Inc. headquartered in Texas, to deliver instant payments capabilities to the banks global business and consumer customers through the Federal Reserve’s FedNow® and The Clearing House’s RTP®.

FedNow 93

FedNow RTP Instant Payments Payment APIs and Integration 93

PYMNTS

JANUARY 16, 2020

A new decade — and for credit unions (CUs), might this be the decade of data as a conduit of trust, a way to cement customer loyalty? The focus is on helping credit unions improve and enhance engagement with their members. Eyeing Instant Payments. we’re still in the early stages.”

Credit Union 55

Credit Union Instant Payments Real Time Payments Credit Union Service Organization 55

PYMNTS

SEPTEMBER 23, 2019

Credit unions (CUs) are facing an ever-shifting financial services landscape. Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. About the Tracker.

Credit Union 63

Credit Union NCUA Online and Mobile Banking Underserved 63

PYMNTS

AUGUST 29, 2019

The market share of credit unions is only a fraction of their larger bank counterparts, but they tend to inspire a greater sense of loyalty among customers. Data from PYMNTS’ Credit Union Innovation Index found that 60.8 Data from PYMNTS’ Credit Union Innovation Index found that 60.8

Credit Union 63

Credit Union Payment APIs and Integration Credit Union Service Organization API 63

PYMNTS

DECEMBER 27, 2019

These and other 19 th -century proto-cooperatives were the forerunners of today’s credit union (CU) community. Though the sector is considered healthy and well-managed, credit unions and the CUSOs (credit union service organizations) that support them with tailored offerings face upheavals in the next couple of years.

Credit Union 52

Credit Union Credit Union Service Organization NCUA Instant Payments 52

PYMNTS

DECEMBER 5, 2019

Credit union service organization CULedger has debuted its financial exchange for credit unions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec. CUPay was first announced earlier this year in partnership with Luxoft.

Credit Union 52

Credit Union Cross-Border Payments Cross-Border Credit Union Service Organization 52

The Nilson Report

MARCH 1, 2024

The post OPN and Sharetec Partner to Deliver Instant Payments to Credit Unions appeared first on Nilson Report.

Credit Union 40

Credit Union Instant Payments Payments Posting 40

PYMNTS

AUGUST 27, 2019

One of the largest factors that sets credit unions (CUs) apart from large banks and FinTech providers is their emphasis on member relations. In the August Credit Union Tracker , PYMNTS explores the latest developments in the world of CUs, including new government initiatives in the U.S. billion in assets.

Credit Union 49

Credit Union NCUA Non-Bank Money Laundering 49

PYMNTS

OCTOBER 25, 2016

The Zelle instant payments network will start appearing as a mobile and digital payments option for consumers in a move that Reuters reported comes as financial firms in the United States make a bid to compete with Venmo and others firms. The payments tool, said Reuters, can be used to split bills among several individuals.

Zelle 68

Zelle Instant Payments Payment Networks Credit Union 68

Finovate

AUGUST 6, 2024

Digital banking solutions provider Blend has forged a partnership with instant payments-as-a-service company Astra. The partnership will integrate Astra’s Card to Account payment solution directly within Blend’s Deposit Account application flow. Nima Ghamsari is CEO and Co-Founder.

Instant Payments 59

Instant Payments Deposit Account Credit Union Payment APIs and Integration 59

Faster Payments Council

AUGUST 23, 2024

However, a recent survey by FPC and Finzly reveals a stark reality: two-thirds of financial institutions lack the capability to 'send' instant payments. However, a recent survey by FPC and Finzly reveals a stark reality: two-thirds of financial institutions lack the capability to 'send' instant payments.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

SEPTEMBER 26, 2019

Credit unions (CUs) have a growing opportunity to capture and keep their member customers, but only if they’re able to elevate their offerings to the levels seen with large banks and FinTechs. Small businesses, too, have heightened their expectations from their financial service providers, and credit unions are no exception.

Credit Union 43

Credit Union Small Business Online and Mobile Banking Legal 43

The Paypers

JUNE 29, 2023

Digital banking service provider Tyfone has partnered with Star One Credit Union to implement the latter’s instant payment solution.

Credit Union 36

Credit Union Instant Payments Payment Solutions Payments 36

Fintech Finance

JULY 10, 2024

Consumers and businesses sent $1 billion in instant payments on June 28 over the RTP® network, a single day record for the largest instant payments system in the United States, operated by The Clearing House. RTP Network Records: Second Quarter 2024 Single Day Value: $1.1

RTP 96

RTP Instant Payments Credit Union Volume 96

PYMNTS

DECEMBER 17, 2020

ESL Federal Credit Union , through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL has more than 374,000 members and 11,400 businesses as customers.

Real Time Payments 61

Real Time Payments Credit Union RTP TCH 61

Finovate

JULY 19, 2024

A key part of Brazil’s PIX instant payments ecosystem, Matera offers core banking, instant payments, and QR code payment technology to more than 250 banks, credit unions, and financial institutions globally.

Instant Payments 69

Instant Payments AI Acquirers Payments 69

PYMNTS

DECEMBER 29, 2020

The benefits of instant payment services are gaining attention from companies that want to be able to transact with better visibility and cash flow information. Enabling rapid-fire transactions to become the norm requires a critical mass of banks and credit unions (CUs) adopting these rails, however.

Faster Payments 124

Faster Payments Payment APIs and Integration Real Time Payments Instant Payments 124

Fintech Finance

FEBRUARY 27, 2024

Backbase , the global leader in Engagement Banking, today announced that Alacriti , an innovator in cloud-based payments and money movement services, will integrate its payments hub solution into the Backbase Engagement Banking Platform. The evolving U.S.

Instant Payments 52

Instant Payments Payment Solutions ISO 20022 FedNow 52

Bank Automation

JULY 11, 2024

Adoption of the Federal Reserve’s instant payments platform, FedNow, is growing, however, of the more than 800 financial institutions using it, most are doing so in receive-only mode.

FedNow 80

FedNow Credit Union Advisors Instant Payments 80

Fintech Finance

AUGUST 1, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, today announced its work with the People’s Clearinghouse, a social sector tech platform that services community banks and credit unions in Mexico. and Mexican residents via community banks in rural areas.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Community Banks Credit Union 98

Tearsheet

MARCH 27, 2024

“Many banks and credit unions are moving quickly to offer RTP capabilities to their business clients, who are in turn looking to offer EWA options to employees,” Jim Colassano, SVP of product development and strategy at The Clearing House, told Tearsheet. While instant payments volume is expected to grow to 11.4

Instant Payments 64

Instant Payments RTP Consumer Financial Protection Bureau (CFPB) Junk Fees 64

The Paypers

FEBRUARY 28, 2025

Metallicus , a blockchain tech provider, has partnered with Payfinia , an instant payments service provider and US CUSO, to offer embedded instant payment capabilities and cryptocurrency services to credit union members globally.

Instant Payments 36

Instant Payments Credit Union Cryptocurrency Blockchain 36

Bank Automation

JULY 11, 2024

Adoption of the Federal Reserve’s instant payments platform, FedNow, is growing, however, of the more than 800 financial institutions using it, most are doing so in receive-only mode.

RTP 64

RTP FedNow Credit Union Instant Payments 64

PYMNTS

AUGUST 9, 2020

Not everyone favors the Federal Reserve Board’s launch of its settlement service designed to eliminate the three-day check clearing and support instant payments in the U.S. Big banks said the Fed’s involvement will only serve to slow adoption of real-time payments.

FedNow 72

FedNow Fed Federal Reserve Instant Payments 72

PYMNTS

AUGUST 6, 2019

The Fed plans to build its own instant clearing and settlement rails. Moreover, she noted, by providing a modern instant payments infrastructure, The Fed can offer a scaffolding for future innovation — which means the question isn’t just about what are the things we know we can make possible today. “It It’s now official.

FedNow 85

FedNow Fed Federal Reserve Real Time Payments 85

Tearsheet

MAY 1, 2024

Real-time payments are the preferred choice for 83% of SMB healthcare providers, outshining any individual payment method in terms of usage.

Real Time Payments 119

Real Time Payments Credit Cards RTP PayPal 119

Bank Automation

OCTOBER 4, 2024

As real-time payments become integral to growth strategies, small financial institutions are increasingly signing on with instant payment rail FedNow to boost transaction volume and improve efficiency.

FedNow 52

FedNow Federal Reserve Credit Union Real Time Payments 52