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Why Real-Time Payments Need Real-Time Trust

PYMNTS

The technology offers authentication and verification during the transaction process to eliminate the anxiety of not knowing if the money will end up where it was intended — that is, to confirm that an account is open, active and in good standing before a payment goes through.

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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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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. The letter cited what has become the all-too-familiar talking point about the state of faster payments in the U.S.

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Breaking Down The Faster Payments Construct

PYMNTS

This week, Karen Webster was joined again by NACHA President and CEO Jan Estep to discuss the relationship between Same Day ACH and other faster payments initiatives — namely, real-time payments and blockchain. What’s Under The Faster Payments Umbrella? Both are about moving payments faster than they are today.”.

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

PYMNTS

Ersek said that 100 additional countries are being evaluated for the enablement of real-time payment capability by the end of 2020. What is rolling out today, Ersek noted, is a good start — but there is more work to be done to unlock B2B real-time payments capabilities, cross-border.

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Why Certainty Rules Payments

PYMNTS

Processers enable push payments via a debit card as an alias, giving companies new options and the certainty of getting money instantly into the bank accounts of their customers. We see similar dynamics at play in the B2B payments space around the notion of real-time payments.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

That faster payments, whether via the Fed or via the TCH’s Real-Time Payments (RTP) network or both, is a big threat to how banks monetize the movement of money between senders and receivers and their depository accounts.