PYMNTS

NOVEMBER 16, 2016

Banking payments platform provider linked2pay wants to help financial institutions implement real-time payments capabilities. The company said Tuesday (Nov. 15) that banks using its Bank Centric Payments platform will now have access to real-time payments thanks to a collaboration with Push Payments.

Real Time Payments

PYMNTS

NOVEMBER 26, 2020

The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform. Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account. 25 statement.

Irrevocability

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

Continuity

PYMNTS

NOVEMBER 23, 2020

The new offering is designed to assist business customers in streamlining and optimizing costs paid through the bank’s commercial cards, according to a Monday (Nov. The goal was to test the linkage of the SWIFT gpi with The Faster Payments Scheme (FPS). 23) announcement. Separately, BBVA said it would sell its U.S. billion.

Commercial Card

PYMNTS

NOVEMBER 2, 2016

InAuth, the device authentication and intelligence company, and Early Warning, the real-time payments, authentication and risk mitigation company, announced Tuesday (Nov. In a press release , the companies said Early Warning just announced Zelle, a new, faster payments network that will revolutionize how U.S.

Zelle

PYMNTS

NOVEMBER 16, 2016

NACHA, the payments association behind the ACH Network, said Tuesday (Nov. The total value of those same-day payments came to $4.9 In reference to use cases, emergency payroll stands out as a significant slice of the initial ACH faster payments, with the direct deposit category coming in at 49 percent of volume, or 1.9

Same Day ACH

PYMNTS

NOVEMBER 5, 2019

Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign of faster payments gaining traction in the U.S. Faster Payments Interoperability is a Must. On Monday (Nov. A new report from the U.S. 4), the U.S.

Interoperability

PYMNTS

NOVEMBER 16, 2020

The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. It will be fully operational starting Monday (Nov. 16) and has already processed 10 million transactions a day.

Real Time Payments

PYMNTS

NOVEMBER 18, 2019

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. Since July 2019, businesses have been able to receive real-time payments. Now, they can also send real-time payments.

Real Time Payments

PYMNTS

NOVEMBER 20, 2018

The company was setting up its dot.com operation, and he saw how all the choices made around sourcing, transmission and other areas vital to the funds-transfer business could significantly impact profitability, he told Karen Webster during that Monday (Nov. 19) interview.

Visa

PYMNTS

DECEMBER 4, 2018

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service. Implementation began last Friday, Nov. The consultation in the U.K. 21 of 2017.

Instant Payments

PYMNTS

NOVEMBER 9, 2020

"While we expect near-term economic uncertainty to persist, we're very excited about the long-term opportunity," said John Rettig , chief financial officer at Bill.com , speaking during the company's earnings call Thursday (Nov.

Innovation

PYMNTS

DECEMBER 15, 2020

The stimulus payment deadline for U.S. residents who are not required to file tax returns, typically because they fall below the income threshold, passed Nov. Around The Disbursements Space. 21, meaning many l ow-income families were the last to receive stimulus funding from the IRS. About The Tracker.

IRS

PYMNTS

NOVEMBER 30, 2020

Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. PayNow and FAST enable people to move funds between banks and digital wallets.

Non-Bank

PYMNTS

MARCH 16, 2018

Established in June 2015 , the Secure Payments Task Force has engaged more than 200 financial institutions, consumer groups, payment service providers, financial technology firms, merchants, government agencies and others interested in payment security improvement efforts.

FedPayments Improvement

PYMNTS

NOVEMBER 18, 2020

Instead, the desire to move into the instant-payments stream is increasingly coming from financial firms’ “largest and most lucrative treasury customers,” he said. That steadily rising drumbeat of demand has inspired a new partnership that Ingo and Mastercard announced Wednesday (Nov.

Instant Payments

PYMNTS

SEPTEMBER 14, 2017

To maximize the efficiency of its POS terminal and network, Lee said that Camelgram is also piloting its own blockchain currency, POS, which is in the ICO ( initial coin offering ) phase until Nov. As people experience crypto assets, they’ll enjoy it,” Lee said. You can use your own money any time you want to — it’s freedom.

Blockchain

Open Banking

OCTOBER 19, 2023

Euan Ballantyne, Head of Product, Pay.UK, said: “2022 saw significant growth in the number of open banking transactions processed over the Faster Payments System. ” Ballantyne continued: “The JROC review, and our collective desire to create an alternative to card payments, has helped bring Pay.UK

Small Business

PYMNTS

NOVEMBER 30, 2017

NACHA has revealed news that B2B payments company Bottomline Technologies is its newest partner. In an announcement made Wednesday (Nov. 29), NACHA said Bottomline Technologies Paymode-X has been chosen as its Preferred Partner for Business-to-Business Payments.

NACHA

PYMNTS

DECEMBER 3, 2018

Last year, the European Payments Council (EPC) launched the SEPA Instant Credit Transfer (SCT Inst) scheme, which officially debuted on Nov. From initial launch to 12 months in, the number of payments services providers (PSPs) has more than tripled, and the number of countries that have signed up has more than doubled.

Instant Payments

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Credit Union

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. NEW DATA: Five Payments Innovations for Winning the Digital-First Shopper. Booking Holdings cautioned investors on Thursday (Nov. Trackers and Reports.

Digital Payments

PYMNTS

DECEMBER 24, 2019

The rise of voice is the big factor behind the rise of smart homes, where consumers are doing more commerce and payments. As in so many things with payments and commerce, Amazon is among the leaders here. 10: Via Faster Payments. Real-time payments — it’s a common phrase in 2019 that will become even more common in 2020.

Consumer

PYMNTS

DECEMBER 18, 2019

But a decade ago, Alibaba decided to turn Singles Day from an informal Nov. Before it was an international shopping festival raking in just under $50 billion in sales in a single day, it was an informal holiday in China , seen as an alternative to Valentine’s Day for single college students. million in sales.

Online and Mobile Banking

PYMNTS

OCTOBER 28, 2016

The Fed yesterday announced the formation of its Payments Security task force and has launched an online survey to collect comments on payment identity management, and data protection. That survey is open till Nov. 8 and responses will used to help determine just where efforts to improve security should lie.

AI

PYMNTS

OCTOBER 30, 2020

Albert Bourla, the chief executive of Pfizer, told investors this week that the pharmaceutical company won’t be unveiling COVID-19 vaccine data prior to the Nov. Bank On Helping Businesses Pick Faster Payment Options. Pfizer Vaccine Data Delayed; Fed Halts Clinical Trial. 3 election.

B2B

PYMNTS

DECEMBER 30, 2016

If you were a payments giant seeking scale along with global ambitions, acquisitions sizzled and so did partnerships. Mastercard made a vocal statement of sorts about faster payments with its acquisition of VocaLink, garnering a presence in the U.K. and beyond via faster payments rails.

Faster Payments