Fintech Finance

JULY 30, 2024

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.

RTP

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. Take merchant acquirers who wish to expedite the posting of funds on the same day to a merchant’s bank account.

Faster Payments

PYMNTS

SEPTEMBER 23, 2019

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

Accounts

PYMNTS

JANUARY 21, 2019

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.

Faster Payments

PYMNTS

MARCH 18, 2019

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. See First Data and Fiserv. See Visa and Earthport.

Faster Payments

PYMNTS

OCTOBER 8, 2018

Those networks are used to make a payment to a supplier anywhere that supplier happens to be. The network is valuable because it connects all the end points to which those payments must be made and complies with the regulations that assure the secure movement of those funds. Could that process be more efficient? Yes, it could.

B2B

PYMNTS

SEPTEMBER 17, 2018

Consumers know that payment methods bearing their brand are accepted at tens of millions of merchants globally and that when they use those products, they work reliably. Retail payments innovators have tapped into that ubiquity-driven certainty to enable new use cases that extend their reach. That creates certainty.

Rules