PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

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PYMNTS

JULY 22, 2020

Yet for many entities, the concept of implementing real-time processing across an entire system can feel overwhelming complex. As real-time payment infrastructure grows more sophisticated, technology presents an opportunity for organizations to mitigate the adoption hurdle. ” Becoming More Adaptive.

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PYMNTS

DECEMBER 29, 2020

Corporate buyers that bank with financial institutions (FIs) that do offer real-time payments will otherwise be left guessing as to which vendors have FIs that permit them to accept the funds. This friction and limited usability could seriously impede companies’ payments experiences with the rails. About The Report.

Faster Payments 124

Faster Payments Payment APIs and Integration Real Time Payments Instant Payments 124

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. While they’re apprehensive about the technology, financial institutions are facing pressure to adopt real-time payments capabilities to meet that demand and to comply with new regulations.

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Fintech News

JANUARY 26, 2025

Payment trends in Asia are changing how businesses and people transact from the digital-first economies of China and Singapore to the quickly changing markets of Indonesia and Vietnam. The shift toward digitised payments brings heightened concerns about cybersecurity, fraud, and regulatory compliance. billion in 2022 to 96.2

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PYMNTS

NOVEMBER 18, 2020

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. That said, the U.S.

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Payment Savvy

FEBRUARY 24, 2023

Real-time payments have revolutionized how we make financial transactions, providing unparalleled speed, convenience, and security. With real-time payments, money can be transferred almost instantly from one person to another, anywhere in the world.

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PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” Real-time payment is also is finding traction in the gig economy, allowing employees to be paid on a regular basis, even daily.

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PYMNTS

OCTOBER 10, 2019

With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role. One of the many questions around real-time payments is what forms they will take as the pace of deployments heat up.

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PYMNTS

NOVEMBER 1, 2018

The move toward faster payments is an inexorable one. As reported earlier this month, Hong Kong’s newly debuted Faster Payments System (FPS) has seen its share of controversy, at least at the outset. The faster payments tool will allow businesses to make payments of up to €15,000 ($17,058 USD) no matter the time of day.

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Real Time Payments Faster Payments eWallet Payments 57

PYMNTS

MAY 6, 2019

Faster, faster, faster — that’s the motto driving so much of payments innovation today. Real-time payments offers promise for both small and medium-sized businesses (SMBs) and consumers. In fact, InstaReM just launched real-time payments in Mexico, underscoring the global appeal of such an offering.

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Real Time Payments Credit Cards Cross-Border Payments Cross-Border 80

Fintech Finance

JULY 24, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.

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PYMNTS

NOVEMBER 20, 2018

Real-time payments: It’s one of those changes that everyone seems to agree on, but could still use some push. Furthermore, 70 percent of businesses said they would benefit from real-time payments’ instant funds availability, and 60 percent of companies that are interested in real-time payments are also pursuing B2B innovations.

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Real Time Payments FPC Faster Payments Payments 70

PYMNTS

NOVEMBER 23, 2016

Doubt plagues any disruptive technology. 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. But McShirley argued that real-time payments actually give businesses greater control of that cash flow.

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Real Time Payments Payer Faster Payments Payments 73

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

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PYMNTS

SEPTEMBER 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. payments ecosystem. payments ecosystem.

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The Fintech Times

JANUARY 17, 2025

Kamal Hasanov , group CEO of Guavapay “Customer-centric technology innovation at Guavapay has been central to our growth,” explained Kamal Hasanov , group CEO of Guavapay. With these accounts, users can send local and international real-time payments at competitive fees.

Innovation 59

Innovation Technology Payment APIs and Integration Multi-Currency 59

PYMNTS

SEPTEMBER 19, 2019

Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a release. By joining the network, Cross River will be able to give its clients the ability to send, settle and clear payments instantly, along with messaging capabilities, while ensuring compliance.

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Real Time Payments RTP Payment APIs and Integration C2B 69

PYMNTS

JULY 24, 2019

While commercial real-time payments became available in the U.S. Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks. Benefits of Real-Time Payments. This is shifting, though.

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Real Time Payments Payment APIs and Integration Faster Payments Fraud Detection 67

Fintech Finance

DECEMBER 13, 2023

Melio , a leading B2B payments-as-a service platform for small businesses, announced the launch of real-time payments, which provides payors with the option to deliver funds instantly to their vendors. Morgan Payments, can process payments within seconds, even on weekends and bank holidays. “We

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Real Time Payments FedNow Small Business Federal Reserve 64

Payments Source

NOVEMBER 8, 2018

But when it's real-time and expressed as a dynamic visualization, it becomes instantly digestible and increasingly actionable, according to Michael J. Alfonsi, senior vice president of digital solutions and strategy at Exela Technologies.

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PYMNTS

FEBRUARY 1, 2021

To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. These days that “stable and efficient growth” has a lot to do with real-time payments.

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Real Time Payments Instant Payments Online and Mobile Banking Push-to-Card 100

PYMNTS

AUGUST 4, 2019

The United States is far behind other countries in terms of having real-time payments,” Fed Chairman Jerome Powell said last week, adding that while the Fed hasn’t made a decision on whether to move forward, the central bank has a long history of providing payments services to banks. We have a real-time payments network.

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Real Time Payments Fed Federal Reserve Instant Payments 77

PYMNTS

JUNE 24, 2019

Everyone seems to want faster payments — from gig workers to B2B suppliers to parents splitting expenses — but with not all major financial institutions on board, real-time payments stand at lower chance for mass adoption. The demand for faster payments is strong in the U.S., transaction accounts.

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Real Time Payments RTP Faster Payments Payments 65

Payments Source

APRIL 5, 2019

The speed of technological change is forcing Britain’s retail payments authority Pay.UK to redesign its core infrastructure.

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PYMNTS

NOVEMBER 14, 2017

s first new payment and clearing system in more than 40 years is up and running. was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new “Real-Time Payments” system set up by The Clearing House. At 4:59:40 p.m. on Monday, $3.50

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Real Time Payments RTP Irrevocability Faster Payments 77

Fintech Finance

DECEMBER 5, 2024

Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced a collaboration with Adyen , the fintech of choice for many of the world’s leading businesses, to help small and mid-market businesses (SMBs) more easily manage electronic payments. Intuit Inc.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

PYMNTS

NOVEMBER 7, 2018

New technologies are enabling consumers and business to experience faster payments than ever before: While only 25 real-time payment systems were operational worldwide last year, 40 such rails were live this September, and 67 percent of consumer payments are now made electronically.

Real Time Payments 64

Real Time Payments Faster Payments Payments Consumer 64

PYMNTS

SEPTEMBER 21, 2016

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. What’s Under The Faster Payments Umbrella?

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

JUNE 17, 2019

In a new partnership, Bottomline Technologies is teaming up with Starling Bank on a Real Time Payments Express Service. The offering will enable corporates and banks to send and receive as well as monitor payments to any U.K. bank account in real time, Crowdfund Insider reported. In the U.K.,

Real Time Payments 62

Real Time Payments Faster Payments Payments SWIFT 62

PYMNTS

AUGUST 6, 2019

6) that showed organic growth for FIS and recently acquired Worldpay as standalone entities and updated the outlook for the combined entity — with particular emphasis on real-time payments and eCommerce opportunities. Fidelity National Information Services (FIS) released results Tuesday (Aug. That’s gone very well.

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Fintech Finance

JANUARY 6, 2025

Founded in 2021 by Philip Kelvin and Beau Allison, Tranch has set a new standard for law firms in the management of invoices and payments, enabling firms to streamline and automate their payment processes and increase cashflows through improved speed and efficiency in invoice delivery, billing and collections.

Laws 98

Laws B2B Process Acquirers 98

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

FEBRUARY 11, 2019

The “state” of — well, anything — refers to its condition, the attributes and even the state of “mind” that denotes where we are at any given time on an endeavor. Might the state of faster payments be described as “conflicted?”. Even if you take faster payments out of the equation, there are a number of rails,” he said.

Faster Payments 78

Faster Payments Real Time Payments Same Day ACH Payments 78

PYMNTS

JULY 31, 2018

financial players are still exploring the best practices to offer faster payments to corporate clients. A recent survey of 20 of the nation’s top-60 banks found that there’s a lack of consensus among banks when it comes to managing and charging businesses for real-time payments. Around The Faster Payments World.

Real Time Payments 59

Real Time Payments Payment Networks Faster Payments Online and Mobile Banking 59

PYMNTS

DECEMBER 7, 2016

Same Day ACH, the faster payments initiative for banks and other financial institutions in the United States, seems to be popular. still has a long way to go and plenty of faster payment lessons to learn. still has a long way to go and plenty of faster payment lessons to learn. But the U.S. But the U.S.

Faster Payments 76

Faster Payments NACHA Secure Payments Task Force Same Day ACH 76

PYMNTS

JANUARY 17, 2020

When The Clearing House launched its Real-Time Payments (RTP) network in 2017, the service was bound to rewrite some rules, and it has. But financial institutions (FIs) and others are starting to imagine wider possibilities for RTP, as the technology does more than just send funds fast.

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