Fintech News

JANUARY 30, 2024

Additionally, it offers access to near-real-time payment information, facilitating more efficient reconciliation of financial data across systems and supporting quicker, more informed decision-making. This is an exciting strategic milestone as we grow our emerging payments channel.”

Reconciliation 113

Reconciliation Near Real-Time Payments Real Time Payments 113

EBizCharge

JANUARY 14, 2025

Seamless gateway integrations with other business tools , such as shopping carts and accounting software, can reduce manual work and streamline operations, saving time and resources. Integrations ensure all payment details are accurately reflected in your systems.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

PYMNTS

SEPTEMBER 23, 2020

What attracted us to the FIS real-time payments managed service was the ability to accelerate our connection to the RTP network while reducing costs and complexity. As our volume of real-time payments grows, we can easily scale to meet the growing demand.”. Instant payments now reach 56 percent of all U.S.

RTP 52

RTP Real Time Payments TCH Instant Payments 52

Clearly Payments

DECEMBER 18, 2023

Real-time cross-border transactions are hurtling towards us, powered by blockchain and other innovations. The global real-time payments market is projected to reach $1.2 Additional Emerging Payment Trends in 2024 Beyond these focal trends, several additional developments are shaping the U.S.

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

Fintech News

SEPTEMBER 17, 2024

This impressive growth has been driven by various factors, the report says, including the swift expansion of digital infrastructure, the widespread popularity of the United Payments Interface (UPI) and other digital payment instruments, as well as changing consumer preferences towards digital transactions.

Digital Payments 109

Digital Payments Credit Cards Online and Mobile Banking Payments 109

Finovate

SEPTEMBER 20, 2024

Bloomberg unveiled this week that, while the retailer has offered pay-by-bank via Walmart Pay for a few months now, the payments were routed through ACH payment rails and still took days to clear. Leveraging Fiserv to power real time payments is an important move for Walmart as it enters the pay-by-bank game.

FedNow 59

FedNow Real Time Payments Push-to-Card Credit Cards 59

PYMNTS

SEPTEMBER 19, 2019

It’s not as if firms lack interest in improving the speed of B2B payments. A majority (55 percent) of corporate professionals identified real-time payments as their top B2B payment service priority, according to the Real-Time Payments Innovation Playbook. With innovation comes new challenges.

B2B 53

B2B Innovation Real Time Payments Same Day ACH 53

Faster Payments Council

SEPTEMBER 23, 2023

This panel will share practical advice to help companies better understand the operational changes required for real-time payment adoption and conduct an open forum to gather input on the OCWG approach and scope.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

PYMNTS

SEPTEMBER 17, 2018

What’s more, this growing interest in the use of digital payments presents an opportunity for ambitious payment providers and small- to medium-sized businesses (SMBs) to make their mark on the growing field of digital B2B payments. Sixty-one percent of businesses said Real-Time Payments would improve their payroll operations.

B2B 46

B2B Real Time Payments Ubiquitous Checks 46

PYMNTS

NOVEMBER 12, 2018

The survey results and commentary suggested corporates need efficiency and reliability more than other benefits of electronic payment rails. Traditional financial institutions (FIs) were perceived as having acceptable levels of reliability in their payment services.

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44

PYMNTS

DECEMBER 10, 2019

In Singapore, for example, faster payments today are increasingly the status quo. though, a lack of faster payments ubiquity presents an often insurmountable hurdle in facilitating a faster, or even real-time payment. s Faster Payments. In the U.S.,

Cross-Border 52

Cross-Border B2B Cross-Border Payments Interoperability 52

FICO

JANUARY 6, 2020

Emerging Payment Solutions Will Grow Up. Emerging payment solutions are slowly but steadily displacing legacy payment options like cash and checks…However, the faster these new payments move, the more attention they will attract from criminals.”. .

Posting 52

Posting AI Online and Mobile Banking Real Time Payments 52

PYMNTS

MARCH 9, 2020

Instead, they might be making payments with electronic ACH deposits, wire transfers, or some other electronic deposit, which is difficult for the corporate treasurer to reconcile. And, as checks are on the decline and electronic payments are on the uptick, new payment streams are coming in — that is, real-time payments.

Treasury 66

Treasury Wire Transfer Reconciliation Checks 66

PYMNTS

JUNE 2, 2017

While FinTechs and innovators continue to disrupt the world’s payment systems at a dizzying pace, traditional banks have to stay on-board if they’re to compete and stay relevant. Faster payment schemes are only as valuable as they are accessible, so FIs have to quickly connect to emerging payment rails.

Payment APIs and Integration 52

Payment APIs and Integration Real Time Payments Payments API 52

Fintech Finance

JANUARY 30, 2024

Businesses can also access near-real-time payment information, enabling them to reconcile financial information across systems with greater efficiency which enables faster, more informed decision-making. This is an exciting strategic milestone as we grow our emerging payments channel.”

Near Real-Time 52

Near Real-Time B2B ACH Automation 52

Fintech Finance

DECEMBER 12, 2023

Notably, 42% of Spaniards have embraced mobile payments at least once, according to Visa’s data[1]. In this dynamic landscape Visa remains at the forefront of innovation, dedicated to enhancing accessibility and efficiency in emerging payment methods and channels, facilitating new money movement flows that connect and empower consumers.

P2P 52

P2P Near Real-Time Facilitators 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.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

The Fintech Times

MARCH 12, 2025

If the FCA does not prioritise payments innovation with the same focus, theres a risk that fintech firms, particularly those pioneering next-gen payment methods like wearables and biometric authentication, could face slower adoption and regulatory uncertainty.

FinTech 59

FinTech Payment APIs and Integration Fraud Prevention Push-to-Card 59

PYMNTS

DECEMBER 3, 2019

The problem that businesses often fail to grasp is that while nearly every customer prefers an instant digital payment, not everyone wants to get that payment in the exact same way. Who utilizes this going forward will be very telling,” Randel said when looking ahead to the new decade.

Point-of-Sale (POS) 55

Point-of-Sale (POS) Gateways Payments Instant Payments 55

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. For emerging payment solutions that launch in the market today, the ability to anticipate market trends will be critical.

Use Case 41

Use Case Cross-Border Cross-Border Payments P2P 41

PYMNTS

JUNE 12, 2019

Faster and emerging payments systems are gaining traction, as nearly half of corporates are using or interested in using new payment services.

Accounts 62

Accounts Email Compromise Same Day ACH Compromise 62

PYMNTS

DECEMBER 22, 2016

Some observers might remember 2016 as the year that new, faster payment technologies truly began to take hold. And it’s true: Over the past 12 months, emergent payment methods — Same Day ACH, Visa OCT — have become far more commonplace, enabling the flow of money between businesses and individuals faster than ever before.

Same Day ACH 49

Same Day ACH Payments On-Demand Economy 49

PYMNTS

MARCH 2, 2020

But while there are a nearly endless number of cases presenting corporate payments challenges, increasingly, businesses of all kinds are seeking a similar experience — and prepaid card technology can be a valuable tool in meeting those requirements. It’s on your phone, it’s virtual, and in seconds it’s pushing a payment to a person’s phone.”.

B2C 60

B2C Payments Push-to-Card On-Demand 60

PYMNTS

NOVEMBER 14, 2019

According to Guez, collaborating with third-party providers is a useful tactic for payroll firms like Papaya Global to promote accuracy and compliance in individual jurisdictions, although she said the company is currently developing a proprietary, automated payment transfer function to meet global payroll demands.

Payroll 50

Payroll Faster Payments Cross-Border Payments 50

The Payments Association

SEPTEMBER 30, 2024

Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emerging payment trends set to shape the industry. Sophie Chandler highlighted how the adoption of alternative payment methods is gaining momentum.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

PYMNTS

OCTOBER 8, 2018

All of that makes real-time a real hard sell to corporates, and therefore a real hard sell to every single one of the FIs in the U.S. who today already have access to an ubiquitous faster payments scheme called same-day ACH.

B2B 76

B2B Same Day ACH Payments ACH 76

Clearly Payments

FEBRUARY 8, 2024

Faster Payments: The Federal Reserve is spearheading efforts to modernize the U.S. payment system by developing a real-time payment service known as FedNow. This initiative aims to facilitate faster, more secure, and more efficient payments, keeping pace with evolving consumer expectations.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

The Payments Association

FEBRUARY 17, 2025

Centralised platforms that support multi-currency transactions, offer real-time reporting, and accommodate both traditional and emerging payment methods (e.g., Eliminating cross-border frictio n: Real-time payment rails can cut settlement times to seconds, reducing costs by up to 60%.

Cross-Border 88

Cross-Border Payment APIs and Integration Fraud Prevention Multi-Currency 88

Finovate

MARCH 26, 2025

The EO, which is targeting waste, fraud, and abuse, will offer both banks and fintechs opportunities and challenges as they seek to bring digital banking to underbanked consumers who need to send payments to and receive payments from the federal government.

Fraud Prevention 83

Fraud Prevention Law Enforcement Payments Verification 83