Faster Payments Council

MAY 7, 2020

That kind of flexibility speaks to the payer, making it frictionless and creating a consistent experience. So, why do we think QR Codes are about to take off as a way of initiating faster payments? With increased consumer and business demands on efficiency and speed, QR codes check a lot of faster payments boxes.

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PYMNTS

NOVEMBER 23, 2016

But with federal officials now pressing for faster payments technologies to get off the ground, time is running out for the nay-sayers to be convinced. The firm has introduced real-time payments capabilities for its Bank Centric Payments platform, built for financial institutions. .” ”

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PYMNTS

JANUARY 30, 2020

As faster and real-time payment schemes achieve ubiquity in more markets around the globe, speed is increasingly becoming the standard for payers of all kinds. By definition, real-time payments give financial institutions (FIs) almost no time to analyze and authenticate a transaction to prevent fraud and other financial crimes.

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PYMNTS

JUNE 29, 2018

. “The adoption of both ERAs and electronic payments is growing in healthcare,” Peters explained. “But the issue with ACH is the separation of remittance claim data from the actual ACH payment. This remains a hurdle, probably, to why [ACH] is not ubiquitous.” “That’s the difficult part.”

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PYMNTS

FEBRUARY 18, 2020

“Unlike traditional B2B areas, where the supplier and customer have agreed upon pricing, and it is the exception when the payment amount does not equal the billed amount, “ he told PYMNTS, “it is standard practice in healthcare for a provider to bill one amount only to have the payer decide to pay a completely different amount.”.

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PYMNTS

JANUARY 3, 2020

Inspecting the “up-and-to-the-right” growth curve of instant payments , it’s no shock how many players want in. And as promising as things are in the early stages, there’s work to be done before instant becomes ubiquitous. That will play out as optionality, and payers are starting to think about what those options will be.

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FICO

JULY 23, 2018

While PSPs don’t need to report ‘payer acting fraudulently’ — also known as first-party fraud — they are required to report fraud that involves ‘manipulation of the payer,’ in other words authorised push-payment fraud. A further layer of complexity is added when real-time payment schemes are considered.

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