PYMNTS

DECEMBER 24, 2020

Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. When PYMNTS and PayPal surveyed approximately 2,400 consumers in September, a majority (57 percent) reported that merchants’ digital payment offerings impacted their willingness to shop in certain stores.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

JULY 5, 2019

AvidXchange , for instance, worked with Fifth Third Bank to enhance B2B payments while leveraging the inherent capabilities in the RTP network from The Clearing House. In the age of new approaches to payments, the RTP Buildathon marks one of the first creative collaborations between the firms.

RTP 69

RTP FinTech Real Time Payments B2B 69

PYMNTS

JULY 2, 2019

Real-time payments (RTP) is a global initiative that’s been a decade in the making and counting, one that has gained momentum over the last several years. More than 50 countries are actively pursuing, piloting or already live with real-time payment programs. Even so, businesses seem aware of the benefits of RTP.

RTP 68

RTP Real Time Payments Visa ISO 20022 68

Fintech Finance

SEPTEMBER 5, 2024

Working together, Trustly and Newline will drive innovation across the money movement landscape, including payments via the Automated Clearing House (ACH) and Real Time Payments (RTP) networks, and Trustly’s pay-by-bank ecosystem. Newline’s API platform enables Trustly to transmit payments directly via Fifth Third Bank.

RTP 96

RTP Innovation ACH Embedded Payments 96

PYMNTS

NOVEMBER 25, 2020

The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase of its evolution.

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

Finextra

APRIL 24, 2025

A special edition for Nacha's Smarter Faster Payments 2025. The US digital payments landscape stands at a transformative crossroads.

Digital Payments 52

Digital Payments FedNow NACHA RTP 52

PYMNTS

OCTOBER 8, 2020

Also seen in this week’s roundup of the latest in Bank-FinTech innovations was Alacriti teaming with The Clearing House on real-time payments (RTP), while Singapore Banking-as-a-Service (BaaS) startup RootAnt concluded a seed round with $1.46 Fusion Reveals Payments Platform Banks.

Innovation 120

Innovation Technology FinTech RTP 120

The Payments Association

DECEMBER 18, 2024

Jeff Parker, CEO, says, “Digital payments will continue to grow rapidly, with mobile wallets expected to reach 4.8 Key trends will include the acceleration of cross-border, real-time and instant payments and the rise of cashless economies. This will help create digital payment ecosystems that can reach the 1.4

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

PYMNTS

NOVEMBER 27, 2020

Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Frustrations surrounding payment speed are not new, especially in the realm of consumer payments. Driving faster payments forward.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

DECEMBER 12, 2019

continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. Though the U.S. There are a variety of reasons why this is the case, which stem beyond one of the most common explanations — that the U.S.,

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

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 joined the RTP network by connecting through BNY Mellon , which helps companies convert to digital payments. This is a new payment system," he noted. in more than 40 years.”

Real Time Payments 61

Real Time Payments Credit Union RTP TCH 61

PYMNTS

JANUARY 21, 2021

Such rapid business-to-business (B2B) payments give buyers better control over their cash flows and spare vendors from waiting for money to settle. Offerings like the Real-Time Payments® (RTP) network are drawing attention from bad actors as well. Financial companies cannot take their payments modernizations lightly, however.

Real Time Payments 92

Real Time Payments RTP P2P Faster Payments 92

Payments Source

FEBRUARY 19, 2020

Achieving the myriad business cash flow benefits from RTP is easier said than done, as global standards can conflict with local laws, rules, regulations and organizational culture, says Santander's Chris Bozek.

Real Time Payments 76

Real Time Payments RTP Laws Rules 76

Fintech Finance

JULY 12, 2024

. “The flexibility and scalability of Alacriti’s platform allow us to provide our clients with robust payment options that meet the evolving needs of their account holders. “This partnership reflects our commitment to delivering innovative payment solutions that drive efficiency and improve the user experience. .”

FedNow 97

FedNow Instant Payments RTP ACH 97

PYMNTS

JULY 16, 2020

ACI Worldwide , which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. A recent PYMNTS report noted the swiftness of digitization.

Overlay Service 83

Overlay Service Real Time Payments Payment APIs and Integration B2B 83

PYMNTS

OCTOBER 12, 2020

Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders. We'll look to have interoperability with RTP so that we can start to get that reach.” Looking Toward Interoperability And Scale . The Timeframe .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

JANUARY 2, 2019

a number of leading tech companies have become vocal in their support of a real-time payments (RTP) network, to be created under the leadership of the Federal Reserve and different from what has been previously proposed by the big banks. RTP options help remove several error-prone and manual parts of transactions. “We

Real Time Payments 79

Real Time Payments RTP ISO 20022 Cross-Border 79

PYMNTS

DECEMBER 6, 2018

Real-time payments (RTP) can appeal to such consumers because, in part, it can replicate the experience of cash, especially in regards to the speed of transactions. A successful RTP use case often needs other forces at work. All that can bring other returns on investment for payments, and for commerce. More than $1.4

Real Time Payments 56

Real Time Payments RTP Payments Economy 56

PYMNTS

MARCH 14, 2019

The retail payments solution is based on the Universal Payments Framework, and boosts the number of self-service options for Capitec as it expands its corporate banking efforts. “We We anticipate significant growth in transaction volume over the next 10 years, as a variety of innovative digital [payment] products are launched.

SWIFT 74

SWIFT Blockchain Distributed Ledger Technology (DLT) RFP 74

PYMNTS

DECEMBER 23, 2020

Delving into the particular challenges of digital goods firms, Evans noted that business models can vary — from voluminous low-value transactions all the way up to larger purchases, or even different payment plans like buy now pay later (BNPL) or subscriptions.

Gateways 109

Gateways RTP Payments Payment Gateways 109

PYMNTS

OCTOBER 28, 2020

He said that’s why Volante is focused on making sure FIs can deliver high-quality experiences and value-added services, such as the instant payments service Request to Pay in the United Kingdom and Request For Pay via The Clearing House’s RTP® network in the United States. “We

Emerging Payments 109

Emerging Payments Real Time Payments RTP Payments 109

PYMNTS

JULY 3, 2019

In addition, those firms that embrace real-time payments (RTP) may be setting the stage for other transformative initiatives over the next few years — as 60 percent of companies interested in RTP also intend to pursue B2B payment innovations.

B2B 62

B2B Visa RTP Real Time Payments 62

PYMNTS

JANUARY 6, 2021

In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike. The buyer’s bank validates the transfer. Why Not Just Merge These Things?’.

Central Bank 145

Central Bank Financial Inclusion Wire Transfer Payments 145

PYMNTS

AUGUST 8, 2019

The Federal Reserve’s planned faster payments service, the FedNow Service, is slated to have an impact on the speed with which paper checks are processed, adding a new twist to the U.S.’s s path toward faster, digital payments.

FedNow 66

FedNow Checks B2B Federal Reserve 66

PYMNTS

JANUARY 24, 2019

It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. is hoping to attain real-time payments ubiquity by that point. The demand for faster payments is strong in the U.S., Stack Sports’ solution is intended to replace clunky payment methods like cash and checks with digital solutions.

Federal Reserve 67

Federal Reserve Real Time Payments Faster Payments RTP 67

PYMNTS

OCTOBER 21, 2020

To meet these shifting demands, companies must develop stronger and more efficient cross-border and digital commerce operations. The second in a series, the Playbook focuses specifically on how effective and efficient back-office payments processes are essential to adapting and thriving in a challenging global economic environment.

Cross-Border 63

Cross-Border RTP Cross-Border Payments Payments 63

PYMNTS

OCTOBER 6, 2020

financial industry that was founded before the Civil War, to drive adoption of real-time payments across the banking industry. Founded in 2003, Alacriti , which works with banks and other clients on making the transition to digital payments, said on Tuesday (Oct.

Real Time Payments 46

Real Time Payments RTP Credit Union Payments 46

Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. Instant ACH Transfer Alternatives RTP Network The RTP (Real-Time Payments) Network, launched by The Clearing House, is an alternative option for those seeking instant money transfers.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Fintech Finance

MAY 30, 2024

The way people pay and get paid has changed more in the past five years than in the last 50, and the latest innovations will bring new payment experiences to transform commerce and money movement spanning eCommerce, face-to-face in-store shopping, and seamless money transfers. With Visa Pay, banks can supercharge their existing mobile apps.

Online and Mobile Banking 52

Online and Mobile Banking Product Credential RTP 52

Finovate

MARCH 7, 2025

Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. Sadad teamed up with Mastercard to enhance digital payments in Qatar.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

PYMNTS

NOVEMBER 5, 2020

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. They hand us our food. We leave.”. “As

Contactless Payments 111

Contactless Payments BNPL Payments RTP 111

PYMNTS

JULY 27, 2020

Banks missed out on the first big wave of digital payments, but they don’t have to miss out on the next, Ingo Money CEO Drew Edwards told Karen Webster in a recent conversation. The entire [digital payments] industry ends up being created outside the banks on products that should have been developed by them,” Edwards said.

On-Demand 91

On-Demand Instant Payments Push-to-Card Treasury 91

PYMNTS

SEPTEMBER 24, 2020

For instance, SMBs are combining Ingo apps with the use of partner firms like PayPal and American Express to get checks instantly digitized, deposited and available for use. . . “We

Checks 105

Checks Small Business ISOs Point-of-Sale (POS) 105

PYMNTS

DECEMBER 18, 2020

The value lies in offering payments anywhere, anytime, across a range of B2C and increasingly B2B use cases. At a high level, PaaS is both strategy and technology, a way for banks to retire legacy systems and digitize payments using the cloud to help manage it all. It's not about technology. PaaS For B2B.

Economy 67

Economy API Payment APIs and Integration B2C 67

PYMNTS

JUNE 23, 2020

As most people reading this well understand, tokenization uses unique identifiers to replace sensitive payment data. The tokenized credentials cannot be stolen or compromised, which makes digital payments safer for consumers and merchants. Beyond Visa’s cards, said Johnson, “there are a lot of credentials that are still unclear.

Credential 110

Credential Issuers Breach Transactions 110

Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88