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Faster Payments Finds Its Future

PYMNTS

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. still has faster payment lessons to learn.

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ACI Worldwide And VocaLink To Create Payments Network

PYMNTS

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, announced on Tuesday (Sept. 27) a partnership to launch a domestic or regional immediate payments network. The solution supports the central infrastructures of the U.K.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. Progress in Tackling Cross-Border Payments Friction. What Faster Payments Hasn’t Solved … Yet.

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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

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.

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Rediscovering The Missing Principles Of Faster Payments

PYMNTS

Developing and deploying faster payments initiatives is top of mind for many countries around the globe, but making those talks a reality is a whole different story. market specifically, it’s up for debate whether the many faster payment schemes are actually complementary or conflicting. In the U.S. FIs in the U.S.

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'Universal security' remains goal of Fed faster payments in 2017

Payments Source

Recommendations for a framework to develop a "universal security baseline" to protect sensitive payment data at rest and in transit remains a key goal of the Federal Reserve faster payments initiative.

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Why Faster Payments Need Flexible Technologies

PYMNTS

You can test all you want, but for payments innovators, the true test only comes when a solution is released out into the real world. s Faster Payments initiative, there have already been some changes made to the service that looks to support real-time transacting. For the U.K.’s But last June, the U.K.