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 flew in on Dec.

Faster Payments

PYMNTS

FEBRUARY 21, 2019

As has been reported, the European Payments Council said in November that it had launched a new SEPA instant payment scheme across P2P and B2B payments, among other offerings, settling transactions within seconds among participating countries. Faster Payments In Asia.

Cross-Border

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. Yet, as these caps rise across the globe, treasurers are likely to see disruption.

Real Time Payments

PYMNTS

APRIL 8, 2020

Making cross-border payments work — across currencies and across time zones — is no easy task. The challenges are myriad, marked by (to name just a few) legacy systems; new domestic, faster payments rails; and the need to manage and mitigate fraud risk.

Real Time Gross Settlement (RTGS)

PYMNTS

DECEMBER 5, 2018

Central banks must work hard to keep up with the ever-changing payments landscape. By 1990, many countries had real-time gross settlement (RTGS) systems in place to rapidly clear and settle high-value transactions. Some, like Denmark , debuted their in-house solutions in the early 2000s.

Real Time Gross Settlement (RTGS)

Clearly Payments

MAY 21, 2025

FedNow is a real-time gross settlement (RTGS) service designed by the Federal Reserve to enable instant money transfers between participating banks. However, adoption remains uneven, largely due to the cost and effort required to upgrade payment infrastructure. What Is FedNow?

FedNow