PYMNTS

JULY 6, 2017

API technology is opening new doors for the world of financial services, a trend that cultivates cooperation and collaboration between FinTechs and banks, once considered competitors. I would say that there is real movement in the industry in terms of real-time payments and Same Day ACH,” she said.

API

PYMNTS

OCTOBER 3, 2017

In a recent interview with PYMNTS, Tammi Shapiro, vice president of product strategy and management at financial services provider Fiserv , laid out some of the ways in which businesses — especially the most traditional, in the largest of verticals and also across new payments technologies — can accept payments in new ways.

Faster Payments

PYMNTS

NOVEMBER 3, 2020

Financial institutions (FIs) and other financial services providers are looking to help meet the need for speed by leveraging various faster payment rails that support an array of payment methods,” according to PYMNTS’ latest Real-Time Payments Report done in collaboration with The Clearing House.

Real Time Payments

PYMNTS

MARCH 20, 2018

Australia has just rolled out the New Payments Platform (NPP), a system to facilitate faster payments in the country, but a recent speech by Michele Bullock, assistant financial system governor of the Reserve Bank of Australia (RBA), suggests there is more to be done to address fraud risks. Europe and U.S. It led the U.K.

Faster Payments

PYMNTS

NOVEMBER 5, 2018

“More people than ever are benefitting from Same Day ACH. With the enhancements to Same Day ACH, the ACH Network is delivering the capabilities requested by corporate end users.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. billion ACH debit and nearly 2.3

Small Business

PYMNTS

OCTOBER 11, 2018

Workers want faster payments and don’t want to be paid via direct deposit. With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates. In the U.S.,

Faster Payments

PYMNTS

JUNE 29, 2018

However, to push insurance providers in the direction of ePayments, service providers have to acknowledge the nuances of the insurance payments machine. In B2B, the demand for remittance data means ACH adoption can be stunted, let alone adoption of Same Day ACH.

Faster Payments

PYMNTS

MAY 1, 2019

Volante explained that VolPay-as-a-Service supports management of a range of corporate enterprise resource planning and acknowledgement formats to streamline corporate customer on-boarding for financial institutions, automating the process of connecting businesses to payment service providers via API.

ISO 20022

PYMNTS

AUGUST 3, 2017

The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. faster payments system, efforts by NACHA to standardize APIs across the industry and recent investments in blockchain solutions.

Community Banks

PYMNTS

AUGUST 4, 2017

Are community banks missing the chance to climb aboard the faster payments train? In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. faster payments system. faster payment system.

Community Banks

PYMNTS

APRIL 22, 2020

The surge in gig workers and independent contractors has professionals, service providers and regulators engaged in new debates about what it means to be an employee or a small business. kicked off its Same Day ACH functionality, which Ross said became a major launching pad for capabilities to offer early wage access solutions.

Payroll

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury.

Real Time Payments

PYMNTS

OCTOBER 4, 2017

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

Zelle

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

Faster Payments

PYMNTS

OCTOBER 23, 2019

Below, PYMNTS looks at the latest solutions that take one of those two paths as innovators address friction in checks, ACH and other rails. Meanwhile, both PNC Bank and Bank of America introduced new solutions designed to ease friction in B2B payments by embracing a range of existing rails. Work With What You’ve Got.

Faster Payments

PYMNTS

AUGUST 29, 2018

The Payments Innovation Alliance includes additional subgroups, including the financial institution subgroup, to develop a playbook on faster payments for banks and credit unions, as well as the corporate subgroup to develop a playbook for businesses and government entities.

Innovation

PYMNTS

JUNE 25, 2019

The Roadmap Ahead — And Faster Payments, Too. With a nod toward Rambus, he said, “These guys have already been experimenting with different types of token use cases, including account-to-account or real-time payment tokens,” and in other endeavors to tokenize ticketing and blockchain. Ripple Effects.

Transactions

PYMNTS

FEBRUARY 6, 2020

In today’s market of real time, legacy payments infrastructure needs a facelift. With a focus on enabling real-time settlement, Transparent Systems is tackling a market that has not necessarily been the biggest target of faster payment capabilities, particularly as corporates focus on delaying payment to suppliers as long as possible.

Settlement

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. In the U.K.

Real Time Payments

PYMNTS

DECEMBER 4, 2019

Not only does that figure represent the growing demand among businesses for faster, more agile and more transparent ways to move funds across borders, it also reflects the financial services industry’s willingness to embrace something other than legacy payment networks to facilitate that demand.

B2B

PYMNTS

NOVEMBER 13, 2019

Faster payments continue to gain traction in the U.S., as service providers old and new introduce more options for consumer and business payers to move money quickly and, in some cases, instantly. payers have already demonstrated their eagerness for faster payment options. In the U.S., ” In the U.S.,

Real Time Payments

PYMNTS

MAY 4, 2018

Connecting multiple companies under the fold of a single entity will enable Syncapay to facilitate cross-sharing of industry expertise, services and best practices, Spottiswood told PYMNTS in a recent interview. In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

Same Day ACH

PYMNTS

MAY 26, 2016

Beanstream is a payments technology firm that is the latest to enter the U.S. But in a departure from the sentiments of some other B2B payments players, that need for security isn’t necessarily stemming from the approach of faster payments. Stewart described the faster payments initiatives of the U.S.

B2B

PYMNTS

MAY 3, 2018

Payroll service provider Paychex is introducing a new subscription service aimed at enabling small businesses to ensure payroll is completed on time without the risk of bank account overdraft or insufficient fund charges. The suite includes a fraud hotline and other informational services as well.

Payroll

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure.

Innovation

PYMNTS

JUNE 18, 2019

Adoption of real-time payments in the U.S. The assumption, of course, is that faster payment functionality only has a place in the peer-to-peer payments arena. ’s push for real-time payments is led by The Clearing House, which aims for ubiquity of its real-time payments (RTP) network by 2020.

RTP

PYMNTS

JULY 27, 2018

said Kurt Rathmann, CEO and founder of small business financial software provider ScaleFactor. The reason, he recently told PYMNTS, is that entrepreneurs need to get things done more quickly — and, in some cases, want their service providers to do it for them, even if that means sharing sensitive data. “The U.S.

Same Day ACH

PYMNTS

JUNE 30, 2017

There’s another catch, though: While Bill.com facilitates ACH payments, it also announced news that it would support paper check payments made by SMEs by producing and mailing out checks to payees on behalf of SME users. There will absolutely be demand for faster ACH payments,” he said.

ACH

PYMNTS

DECEMBER 27, 2019

While AR-AP connectivity addresses key pain points for buyers and suppliers to ensure the flow of cash from one business to another occurs as seamlessly as possible, it’s a trend that has also introduced new challenges for service providers and their business customers. In the U.S.

B2B

PYMNTS

FEBRUARY 22, 2017

.” Fiserv also got a chance to think on its toes with PYMNTS last year when it was one of 14 companies that participated in the Alexa Challenge , which asked firms to create a solution that uses Alexa’s voice-activation technology to help consumers interact with their financial service providers.

NACHA

Nanonets

MARCH 24, 2023

NACHA certification – This certification serves as a trust signal to your customers, indicating that your business adheres to the rules of the ACH network. Guidelines for same-day ACH – The rising usage of ACH has resulted in a same-day payment alternative (which is pretty fast as far as business payments are concerned!).

Wires

PYMNTS

APRIL 21, 2017

The company announced this week that it is rolling out ActimizeWatch, a cloud-based analytics solution that aggregates and assesses transactional data, pulled from various financial service providers, to identify fraud.

Faster Payments