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The tipping point toward real-timepayments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. And beyond TCH and RTP, the Federal Reserve’s FedNow real-timepayments solution looms.
This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, fasterpayment rails. Canada Taps Vocalink for Real-Time Rail. Volante Explores the Real-Time B2B Value Prop.
APIs also allow business clients to more easily integrate banking and payments functionalities into their workflows, which can connect them to real-timepayment rails for faster, data-rich transactions. Fasterpayments rails] existed before. Opening up to Faster Transactions.
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 fasterpayments gaining traction in the U.S. FasterPayments Interoperability is a Must. A new report from the U.S. On Monday (Nov. 4), the U.S.
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