PYMNTS

SEPTEMBER 21, 2016

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. What’s Under The Faster Payments Umbrella?

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

MARCH 18, 2019

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. The Fed’s Hat and the Faster Payments Ring.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It may also change the conversation about faster payments in the U.S.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

MARCH 28, 2017

It takes more than just having the latest technology or an innovative idea to make faster payments work. In its latest white paper, INTERAC outlines the principles as follows: Principle #1: Good funds is the better model. Principle #2: Ubiquity should be a payment network’s natural destination.

Faster Payments 52

Faster Payments Payments Payment APIs and Integration Near Real-Time 52

PYMNTS

NOVEMBER 6, 2018

The technology offers authentication and verification during the transaction process to eliminate the anxiety of not knowing if the money will end up where it was intended — that is, to confirm that an account is open, active and in good standing before a payment goes through. becomes increasing modernized, especially at the B2B level.

Real Time Payments 77

Real Time Payments Payment APIs and Integration Verification Authentication 77

PYMNTS

OCTOBER 8, 2018

launched its Faster Payments scheme, after the regulator said the banks had to comply, but has amped up ever since, as regulators in a few other countries have followed in the U.K.’s Limits have also been raised for those payments. who today already have access to an ubiquitous faster payments scheme called same-day ACH.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

SEPTEMBER 17, 2018

The notion of moving those funds faster between the bank accounts of those trading partners is driving a slew of innovation and investment across bank and non-bank network rails today. Certainty of good funds is what they need to plan their cash position, as is the certainty that the funds moving across the networks are secure.

Rules 78

Rules Zelle Payments PayPal 78