Payments Dive

NOVEMBER 5, 2024

“It's going to be up to us to move instant payments from being novel to being normal,” Federal Reserve Financial Services’ chief payments executive told attendees at a major industry conference last week.

Instant Payments 190

Instant Payments Federal Reserve Fed Payments 190

Payments Dive

MAY 1, 2023

The giant retailers eagerly await instant payment system possibilities, especially as an alternative to card payments, according to industry professionals who heard their representatives speak recently.

Instant Payments 179

Instant Payments Payments 179

Fintech Finance

NOVEMBER 4, 2024

That set the precedent for Wise to be granted direct access to payment systems in the EU in 2020, as well as Singapore and Australia in 2021. Last month, Wise also received approval to join Japan’s domestic payment network, Zengin, and secured a Payment Institution licence to connect directly to Brazil’s instant payment system PIX.

Instant Payments 98

Instant Payments Settlement Accounts Cross-Border Payments 98

The Fintech Times

OCTOBER 28, 2024

Instant payments and fraud prevention have quickly become the areas fintechs need to focus on most, according to the third portion of the ‘2024 Payment State of the Union’ study by Discover Global Network , the global payment network.

Fraud Prevention 72

Fraud Prevention Instant Payments Consumer Emerging Payments 72

Payments Dive

AUGUST 2, 2024

Financial institutions expect business clients to be a driver of instant payment revenue, but adopting the technology comes with hurdles, the results of a recent survey showed.

Instant Payments 158

Instant Payments Payments Technology 158

Finextra

AUGUST 21, 2024

Consumers in Switzerland can now send and receive payments in seconds following the market launch of instant payments across the banking industry.

Instant Payments 145

Instant Payments Payments Consumer 145

Bank Automation

FEBRUARY 26, 2025

Visa is deploying AI to fight fraud on instant payment networks as businesses and consumers ramp up the use of the payment channels. The payments giant developed the solution in-house, James Mirfin, senior vice president and global head of risk and identity solutions, told Bank Automation News.

Instant Payments 59

Instant Payments AI Payments Payment Networks 59

Payments Dive

SEPTEMBER 18, 2023

FedNow is driving adoption of instant payments— here’s what financial institutions need to know.

Instant Payments 172

Instant Payments FedNow Payments 172

Faster Payments Council

OCTOBER 21, 2024

In this webinar, industry leaders will explore operational considerations for implementing instant payment systems, featuring insights from financial institutions that have successfully implemented the receipt of instant payments.

Instant Payments 126

Instant Payments Payments Accounts Product 126

Fintech Finance

APRIL 24, 2025

Thought Machine , the cloud-native banking technology company, today announces that Bpifrance , France’s public investment bank, has successfully gone live on Vault Payments, Thought Machine’s next-generation payment processing platform, for SEPA Instant Credit Transfer with TIPS.

Instant Payments 59

Instant Payments ISO 20022 Payments SWIFT 59

The Fintech Times

MARCH 25, 2025

The Somalian financial ecosystem has taken its next step in the digital world as the Central Bank of Somalia’s (CBS) payments initiative, the Somalia Payment Switch (SPS), has successfully launched the country’s first instant payment system.

Instant Payments 59

Instant Payments Payments Settlement Central Bank 59

Finextra

FEBRUARY 26, 2024

The European Council has adopted a regulation that will make instant payments fully available in euro to consumers and businesses in the EU and in EEA countries.

Instant Payments 136

Instant Payments Rules Payments Regulations 136

Fintech Finance

MAY 1, 2025

AfricaNenda Foundation has released its 2024 Annual Report, marking a significant year of transformation and impact in its mission to accelerate access to inclusive instant payment systems (IIPS) across Africa.

Financial Inclusion 52

Financial Inclusion Instant Payments Cross-Border Payments Cross-Border 52

Fintech Finance

SEPTEMBER 13, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of its latest publication, Operational Considerations for Receiving Instant Payments.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

Finextra

NOVEMBER 29, 2024

Norway has struck a deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.

Instant Payments 124

Instant Payments Settlement Payments 124

Fintech Finance

MARCH 17, 2025

Paul Sparkes, Chief Product Officer at iplicit adds: “As a customer-centric organisation, we wanted to respond to demand for reliable and efficient payment methods. Through this partnership, we can offer our customers exactly what they’ve asked for: a simple way to collect instant payments, straight from their invoice.

Instant Payments 59

Instant Payments Payments Non-Bank On-Demand 59

Bank Automation

NOVEMBER 29, 2024

The Clearing House’s Real Time Payments network is seeing growth in adoption and transaction volume as consumers, small- and medium-sized businesses and large enterprises demand instant payment capabilities.

Instant Payments 52

Instant Payments Real Time Payments Payments Payment Networks 52

Fintech Finance

SEPTEMBER 24, 2024

As part of Finastra’s commitment to Open Finance, Payments To Go offers seamless connectivity to other software providers, fintechs, and financial institutions, giving banks the flexibility needed to deploy modern and agile payment solutions quickly and efficiently.

ISO 20022 135

ISO 20022 Instant Payments FedNow ISOs 135

Finextra

MARCH 28, 2024

A third of EU banks do not currently offer an instant payments service and the majority have been discouraged by the January 2025 deadline, according to recently published research.

Instant Payments 140

Instant Payments Payments Research 140

Payments Dive

JULY 10, 2023

The Federal Reserve in July is launching the FedNow Service, an instant-payment service that will help banks and other financial institutions better serve consumers and businesses.

FedNow 148

FedNow Instant Payments Federal Reserve Payments 148

Faster Payments Council

SEPTEMBER 6, 2024

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

Instant Payments 128

Instant Payments RTP FedNow ISO 20022 128

Fintech Finance

AUGUST 15, 2024

Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Instant payments, powered by the first new payment rails in the U.S.

Instant Payments 105

Instant Payments Treasury RFP RTP 105

Fintech Finance

JULY 11, 2024

Finastra , a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

Instant Payments 115

Instant Payments Facilitators ISO 20022 Message Standards 115

Fintech Finance

MARCH 30, 2025

Bancomat, Bizum and MB WAY are the leading mobile payment solutions in their countries, with more than 2 billion payments in 2024 and a share of more than 65% of total instant payments in the four countries. This initiative aims to strengthen the innovative and trusted European payment infrastructure.

Instant Payments 59

Instant Payments Cross-Border Cross-Border Payments Payments 59

Faster Payments Council

AUGUST 23, 2024

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

Instant Payments 128

Instant Payments RTP FedNow ISO 20022 128

Finextra

OCTOBER 24, 2024

The European Central bank is implementing a cross-currency settlement service on the Eurosystem's Target Instant Payment Settlement (Tips) service.

Instant Payments 130

Instant Payments Settlement Central Bank Payments 130

The Fintech Times

APRIL 27, 2025

Instant payments are becoming significantly more attractive for US banks finds RedCompass Labs , the payments experts, as it finds that 84 per cent of US banks say the new $10million Real-Time Payment (RTP) network limit and $500,000 FedNow cap are a good thing. The report also reveals significant concerns around fraud.

RTP 45

RTP FedNow Instant Payments Payee 45

Payments Dive

NOVEMBER 2, 2023

The new payment rail allows fintech clients to move money between banks in milliseconds, the software company’s CEO said in an interview.

Instant Payments 174

Instant Payments Treasury Payments FinTech 174

Faster Payments Council

AUGUST 16, 2024

While 'receive-only' instant payments is a significant step forward, the true transformative power lies in actively sending payments. In a recent joint survey from the FPC and Finzly, it unveiled that corporate customers drive nearly 78% of instant payments revenue. The stakes are certainly high.

FedNow 125

FedNow Instant Payments RTP ISO 20022 125

Fintech Finance

OCTOBER 17, 2024

(NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. These regulations are expected to accelerate the adoption of instant payments across Europe, with key compliance deadlines set for 2025.

Instant Payments 98

Instant Payments Regulations SWIFT Payments 98

Payments Dive

JULY 12, 2024

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

Instant Payments 173

Instant Payments Payments 173

Payments Dive

MAY 1, 2025

The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.

Instant Payments 128

Instant Payments Real Time Payments Payments 128

Finextra

OCTOBER 24, 2024

The European Central bank is implementing a cross-currency settlement service on the Eurosystem's Target Instant Payment Settlement (Tips) service.

Instant Payments 119

Instant Payments Settlement Central Bank Payments 119

Fintech Finance

MARCH 30, 2025

Bancomat, Bizum and MB WAY are the leading mobile payment solutions in their countries, with more than 2 billion payments in 2024 and a share of more than 65% of total instant payments in the four countries. This initiative aims to strengthen the innovative and trusted European payment infrastructure.

Instant Payments 52

Instant Payments Cross-Border Cross-Border Payments Payments 52

Payments Dive

OCTOBER 13, 2023

Global cash use declined four percentage points last year, continuing a pandemic-era trend, consulting firm McKinsey said in a recent report.

Instant Payments 190

Instant Payments Consulting Continuity Payments 190

Fintech Finance

OCTOBER 23, 2024

The research aimed to evaluate the state of instant payments across the European banking sector. Key findings from the survey include: Only 33% of respondents reported that they are ready to meet the EU’s instant payment deadlines.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

Fintech Finance

SEPTEMBER 24, 2024

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with Anadolubank Nederland N.V. for its cloud-based instant payments solution. This partnership will enable Anadolubank to seamlessly comply with the new EU Instant Payments regulation.

Instant Payments 97

Instant Payments Regulatory Compliance Compliance Payment APIs and Integration 97