PYMNTS

OCTOBER 22, 2020

Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. 22) unveiled its Cosmos for RTP solution. The New Jersey-based FinTech on Thursday (Oct.

RTP 58

RTP ISO 20022 Real Time Payments Credit Union 58

PYMNTS

JULY 16, 2019

Now, now, now — that’s the chorus coming from consumers, merchants and other companies when it comes payments, and that demand is fueling progress in real-time payments. Significant challenges remain before the benefits of real-time payments (RTP) really start to show themselves. New RTP Rails.

Real Time Payments 40

Real Time Payments RTP P2P Faster Payments 40

Faster Payments Council

AUGUST 23, 2024

It's time to confront the harsh reality—innovation alone doesn't drive broad adoption. However, a recent survey by FPC and Finzly reveals a stark reality: two-thirds of financial institutions lack the capability to 'send' instant payments. Strategic shifts are required to unlock the full potential.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

DECEMBER 20, 2017

In a recent interview with PYMNTS, Chris Ward, executive vice president and head of product management for PNC Financial Services Group — one of the first banks to offer real-time payments to personal and business banking customers alike — said he believes the technology could be a game-changer in the U.S. Getting faster….

AI 83

AI Real Time Payments Faster Payments Payments 83

Clearly Payments

DECEMBER 18, 2023

AI’s real-time fraud detection capabilities, as evidenced by an 80% reduction in fraudulent attempts according to Juniper Research, will fortify financial security by swiftly identifying and preventing unauthorized transactions. The global real-time payments market is projected to reach $1.2

Payments Trends 102

Payments Trends Online and Mobile Banking Payment APIs and Integration Contactless Payments 102

FICO

APRIL 26, 2023

Because of the incredible growth of both RTP and scams (which is a topic I’ll address in depth in an upcoming FICO World 2023 panel discussion), banks must consider how this payments evolution is impacting customers. Are Banks Fair with Victims of Scams? How Do Customers Want Banks to Combat the Global Wave of Scams?

Scams 52

Scams RTP Push-to-Card Fraud Detection 52

Finovate

OCTOBER 16, 2024

The service faces competition with The Clearing House’s RTP platform, which was launched well before FedNow went live. To combat this, firms can implement automated validation systems to check the accuracy, authenticity, and compliance of payment transactions in real time.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

FICO

MAY 3, 2023

Their top five responses provide a blueprint of customer-friendly steps banks can take to counter RTP scams and improve customer experiences when scams occur. Provide more warnings while making payments Survey responses: More than half of consumers worldwide (57%) would like to see more warnings about scams while making real-time payments.

Scams 10

Scams RTP Fraud Detection Real Time Payments 10

The Payments Association

FEBRUARY 17, 2025

With stablecoin market capitalisation exceeding $200 billion as of January 2025, brokers who embrace this shift will be better positioned to optimise their payment infrastructure and maintain a competitive edge. Brokers should also consider the benefits of adopting real-time payments (RTP) and AI-powered fraud detection.

Fraud Prevention 88

Fraud Prevention RTP Settlement Payments 88