Remove Good Funds Remove On-Demand Remove Use Case
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AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

Fintech Finance

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.

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Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets

PYMNTS

Western Union CEO Hikmet Ersek told Karen Webster that real time means that receivers will have funds available to spend within minutes, enabling new real-time, cross-border, cross-currency payments capabilities for C2C, B2C and B2B use cases. “We

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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

on board because it offered a solution for use cases where same-day was essential. It isn’t real-time, but it seems good enough for a lot of use cases. A payment is the embodiment of good funds to an authenticated buyer and supplier, along with the detailed data that travels with it.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Somewhat ironically, these are some of the same players who now use the card rails to push payments in real time between senders and receivers on their respective platforms – Square Cash App, Venmo and Apple Pay Cash – and pretty cheaply, and very securely, across the debit card rails. No date has been given for that process.

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How Uncertainty Kills Commerce

PYMNTS

The Demands of On-Demand. We live in an on-demand world. And, in an on-demand world, there’s nothing worse than waiting. Businesses wait to be paid by their buyers — not knowing when the money will actually be received, if it is good funds and sometimes how much they’ll get. The Sinking Ship of Sunk Costs.

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Bridging The Gap Between Appearance And Reality Of Instant Payments

PYMNTS

Nobody cares what rails are going to be used any more than I care when I call you up on the phone what wires and satellites carried the signal to you,” Edwards said. On the front end, funds are pushed to the end consumer and are possibly even available for instant use. That, Edwards told Webster, remains a work in process.

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The Roil Over B2B Payments Rails

PYMNTS

Travel by train was a mode of transportation perceived by many as outdated as the horse-drawn carriages that first pulled rail cars on them, but Buffet observed the role that railroads played in driving economic growth because of the efficient, low-cost and reliable way they moved goods across the country.

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