Remove FedNow Remove Global Payments Remove Instant Payments
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Why staying put is no longer the safe option for payments innovation

The Payments Association

Enhance cross-border payments by integrating an always-on solution directly and locally with regional and global payment networks, ensuring compliance with constantly evolving regulatory standards. This can be on-prem, or hosted in any private or public cloud. Deliver, or fail fast, fix, and move on!

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Fedwire Migration: The Final ISO 20022 Milestone?

Finextra

Historically, banks have developed siloed solutions for instant payments, RTGS, and cross-border payments. Rather than maintaining fragmented payments engines, banks should now aim to create a unified, scheme-agnostic payments processing platform.

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RedCompass Labs Launches AI Solution To Accelerate Banks’ Payments Modernisation

The Fintech Times

To make this transition easier, RedCompass Labs has launched its AI solution engineered to accelerate payments transformation: AnalystAccelerator.ai. Payments modernisation is a high priority for banks, with many incorporating new projects like ISO 20022, SEPA Instant, FedNow and RTP. AnalystAccelerator.ai

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Mastercard, Visa play down stablecoin threat

Payments Dive

By Caitlin Mullen • July 17, 2024 Lynne Marek/Payments Dive FedNow ‘could lower fees’ in future, analyst reports The Federal Reserve instant payments system may cut fees after it attracts more financial institutions, or in the face of competition, a Wolfe Research analyst said, citing a FedNow official.

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Finding the Right Payment Pathway: International Payments Launched by Cross River Bank

The Fintech Times

Our International Payments capability uses a flexible, rail-agnostic approach to enable fast, cost-effective, and secure transfers whether through SWIFT or local bank rails. Cross River also provides business banking accounts through Aion, including a High-Yield Business Account.

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GiveCard partners with Visa for better disbursements

The Paypers

The platform includes high-limit virtual and physical prepaid debit cards, ACH/RTP/FedNow bank transfers, and a full-service cardholder support system, as well as a live interpreter network that operates in over 25 languages.

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Fed’s ISO ‘big bang’ hits next week

Payments Dive

Global payments are “deep and complex,” said Ghanem, who formerly worked for Visa and PayPal Holdings.“It The Federal Reserve already put its new real-time payments system FedNow on the standard when it was launched in 2023. Mainly, it could mean delays for some payments, he said. We harmonize the data.