PYMNTS

OCTOBER 14, 2020

The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. The tool will enable PNC clients to disburse money at speed to their own clients as well as their employees, without having to fall back on legacy payment methods.

Instant Payments

Fintech Finance

OCTOBER 22, 2024

Additionally, many treasury management systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. CashPro APIs is the ideal solution—it’s brought automation to our treasury and increased efficiency for my team.” This network of 55 TMS and ERPs has helped fuel the surge in API adoption.

Treasury

PYMNTS

OCTOBER 16, 2020

Treasury or cash management services that used to be fast enough may therefore no longer be adequate as businesses fight to stay afloat during the economic downturn. Interest in the Real-Time Payments (RTP) system from The Clearing House (TCH) is growing in the U.S., The Instant Payments Infrastructure Challenge .

Instant Payments

PYMNTS

NOVEMBER 17, 2019

The integration complies with the specifications of the German Banking Industry Committee, and enables all corporate customers of banks offering this type of service to carry out real-time payments as a SEPA Instant Credit Transfer via the EBICS channel using BELLIN’s treasury management system.

Instant Payments

Fintech Finance

MAY 23, 2024

Finastra , a global provider of financial software applications and marketplaces, today announced it has been selected by LGT to roll out instant payment services in Austria and Liechtenstein, with other markets to follow. LGT also uses Finastra Kondor, a bank treasury management system, and Finastra’s Total Messaging platform.

Instant Payments

The Payments Association

MAY 16, 2025

As instant payments become the norm, true finality is essential to ensure trust, reduce fraud risk, and protect the integrity of global payment systems. Finality is not a UX featureits the backbone of payment integrity. In real-time payments, deemed success is a legacy concept that no longer meets expectations.

ISO 20022

PYMNTS

DECEMBER 10, 2019

Corporate treasury departments, for one, have a strong need for modern services that can help treasurers quickly and accurately pull data from many different banking portals.

Treasury

PYMNTS

NOVEMBER 14, 2018

A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. Yet, for several years, treasurers have been moving toward centralized treasury management solutions and processes, largely in an effort to boost payment efficiency.

Real Time Payments

PYMNTS

OCTOBER 22, 2020

First Horizon also recently worked with FinTech Interchecks and debuted ClearPath Fast Payments, which will let treasury management customers make instant payments. That will help companies access quick and easy-to-access payments much more easily.

Treasury Management

PYMNTS

SEPTEMBER 24, 2020

FIS is facilitating real-time payments services to the FIs, while The Clearing House operates the RTP system that enables instant payment settlement and availability of funds. BELLIN Secures SWIFT gpi Label.

Office of the Comptroller of the Currency

Finovate

JUNE 11, 2024

Citi RTF is launching as part of the bank’s real-time treasury suite of solutions for corporate clients and is now available in Australia, Hong Kong, and the U.K. “With the proliferation of instant payments and evolving business models, treasuries must be able to support rapidly growing, 24/7 cash flows. .

Funds Transfer

PYMNTS

FEBRUARY 17, 2020

BankFinancial Equipment Finance will also continue its corporate leasing, lending, deposit and treasury management services to independent equipment lessors nationwide. Instant payments, digital commerce and banking across mobile devices are all gaining ground no matter where you look, geographically speaking.

Treasury

PYMNTS

AUGUST 30, 2019

Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients.

Treasury

PYMNTS

DECEMBER 8, 2020

Panelists joining PYMNTS CEO Karen Webster included Ingo Money CEO Drew Edwards ; Wells Fargo Senior Vice President, Head of Global Payables, Treasury Management Michelle Ziolkowski ; and J.P. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson.

Consumer

PYMNTS

SEPTEMBER 15, 2020

intends to launch ClearPath Fast Payments with the help of FinTech upstart Interchecks. The relationship will provide an infrastructure that empowers treasury management clients to make instant payments, which will make fast and easy-to-access payments more accessible to firms.

Finance

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. BioCatch pointed to this risk in its blog post, too.

Faster Payments

PYMNTS

SEPTEMBER 19, 2019

It becomes imperative not just to have access to real-time payments as an actual payment option (and to, perhaps, finally kill the paper check) but to also have access to real-time information and automation. By and large, we are not yet in a ‘world of real-time treasury’,” Chakravarti said. Putting Change in Context.

Treasury

Nanonets

SEPTEMBER 1, 2023

Let's look at some of the key benefits: Enhancing Treasury Management : FedNow offers deterministic instant payments. This provides a strategic advantage for treasury management, affording extended windows to maximize interest earnings, all while sidestepping the risk of late fees.

FedNow

PYMNTS

JUNE 4, 2020

Any intercepted transaction sent to a fraudster could permanently shake businesses’ faith in the value of paperless B2B payments, and the financial institutions (FIs) that process them could lose customers. Businesses are also now expecting instant payments, putting the onus on banks to immediately validate recipients.

API

The Fintech Times

MAY 20, 2024

Santander is committed to advancing and taking all necessary steps in order to evolve in international instant payments, adapting our offerings to the needs of all our clients, and this movement is a clear example of that commitment.”

Process

PYMNTS

JULY 26, 2019

Spain-based CaixaBank is one financial institution investing in some of the newer payment infrastructures and rails available today. Sooner or later, these systems will need to interoperate to better fulfill the needs that our customers will demand from us.”.

Cross-Border Payments

PYMNTS

OCTOBER 29, 2020

PNC Bank ’s treasury management division recently sought to provide an alternative by offering companies capabilities for suppling employees with prepaid debit cards and then pushing payroll over faster payment rails onto those tools. Adam Carter , vice president of global treasury management, faster payments at U.S.

Faster Payments

PYMNTS

DECEMBER 3, 2018

Instant payments and, more broadly, virtual payments technology are “also ready to disrupt that space,” he added. While service providers may be eager for PSD2 to make its mark on corporate expense management, the enterprise itself may not necessarily be convinced of the legislation’s potential.

Automation

PYMNTS

OCTOBER 30, 2020

To examine how businesses weigh factors like cash flow reporting and ease of adoption to arrive at their decisions, PYMNTS caught up with Adam Carter , vice president of global treasury management, faster payments at U.S. Bank, representing Elavon , a merchant-focused payments processing provider and U.S.

Faster Payments

PYMNTS

JUNE 26, 2018

Separate data from the EuroFinance Corporate Treasury Network (ECTN) found that about 44 percent of corporate treasurers in Europe at large firms want instant payment capabilities. In the U.S., however, TD Bank found in 2016 that 47 percent of professionals said RTPs are not essential to their operations.

Real Time Payments

Finextra

JUNE 30, 2025

With this market capitalization size and a growing presence in cross-border payments, corporate treasury operations, and emerging market finance, stablecoins are fast becoming a relevant tool in global finance. This is however not much in the $36 trillion US Treasury market, but the growth has certainly focused US Treasury’s attention.

Stablecoins

PYMNTS

DECEMBER 28, 2020

Unfortunately, the last round of relief — in which the CARES Act got $1,200 stimulus payments into the hands of millions of Americans — could be summed up by one word: “headaches.”.

Checks