PYMNTS

JANUARY 21, 2019

where almost everyone is now banked) and made the case for why the Fed was positioned as the best player to operate a ubiquitous, interoperable real-time payments network – even though the Fed doesn’t have a great track record at payments innovation ( #killthecheck ). It flew in on Dec. Here’s where the canary flew in.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

SEPTEMBER 21, 2016

Two new same-day settlement windows will be added to the ACH Network, which will increase the actual movement of funds between all those financial institutions from once a day (at the beginning of the day) to three times a day. Along with the funds movement, a lot of information passes through the ACH Network right with the payment.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

MARCH 18, 2019

This new feature, available to PayPal customers in good standing, leverages the company’s partnership with Chase, and Chase’s connection to The Clearing House’s RTP network, to move money instantly into the bank accounts of consumers and SMBs. And finally, that the banks and the card networks are the big losers.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

SEPTEMBER 17, 2018

Like many small businesses (SMBs), he doesn’t accept cards. I needed a few outdoor cushions earlier this season and hired a local upholstery shop to make them. This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. The invoice amount was less than $500.

Rules 78

Rules Zelle Payments PayPal 78

PYMNTS

OCTOBER 8, 2019

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. Consumers, not so much.

Instant Payments 49

Instant Payments Push-to-Card Payments Settlement 49

PYMNTS

OCTOBER 8, 2018

Rather than rip and replace, they’d like to use software to modernize the payments experience over those rails. Rails and railroads, Buffet wrote in Berkshire’s 2016 Annual Letter, are four times as fuel efficient as trucks , requiring only a single gallon of diesel fuel to move a ton of freight 500 miles. Making B2B Payments Rails Hot.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

SEPTEMBER 17, 2019

Their use of mobile devices fuels the expectation that what happens on the other side of a click or a swipe will be delivered in real time — or as close to it as possible. The concept is both incredibly simple and incredibly intuitive: Offer customers 24/7 access to good funds on demand, however and wherever they want them.

Instant Payments 70

Instant Payments FedNow Push-to-Card Payments 70