Remove Cross-Border Payments Remove Interoperability Remove RFP
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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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FPC 2023 Fall Member Meeting

Faster Payments Council

In a Faster Payments world, the process of making cross-border payments is typically faster and more efficient. The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal.

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U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Faster Payments Council

The bank bill pay model where the consumer interacts with its online/mobile banking platform to request a payment be sent to the biller's bank.

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U.S. Faster Payments Council Unveils Comprehensive Report on Instant Recurring Payments

Fintech Finance

Spearheaded by the FPC Real-Time Recurring Work Group (RTRWG), sponsored by BNY Mellon , the new report delves into key components essential for the successful deployment of instant recurring payments.

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What Is FedNow & How Can Businesses Prepare for It?

Seon

FedNow works by offering banks, credit unions, and other organizations such as retailers a system where they can utilize instant payment services that go through this core process: The payer (e.g. an employer paying an employee their wages) uses an app provided by their credit union to request the desired payment.

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